- Number of Centres – 200
- No. of Cities - 18 (9 Tier II cities & 58 micro-markets)
- Total Seats – 120K
- Total Chargeable Area - 7. 2 Mn sq. ft
- Revenue – ~1000 crore
- Occupancy - 73% blended occupancy
- Enterprise Clients – 3000+
Awfis has built a strong foothold in the flexible workspace industry, and was the first flex space operator to enter a Tier II city in 2018, and since its presence in these markets has grown significantly—with a 29% increase in centres, expanding from 17 to 22, including the recent launch in Lucknow. With a blended occupancy rate of 73%—and 84% in mature centres—it maintains its leadership position in the flexible workspace segment.
IPO At the Heart of Its 10 Year Journey
At the heart of Awfis, decade of operations lies a defining milestone: the company’s Initial Public Offering (IPO), which stands as a testament to its scale, credibility, and leadership in the evolving workspace ecosystem.
India’s largest flexible workspace solutions provider, Awfis was the first flex space provider to go public and which was oversubscribed 108.56 times. This achievement reflects company’s strong market performance and institutional confidence in the long-term relevance and financial strength of the flexible workspace model.
Awfis: 'Made in India and Made for India'
It pioneered the managed aggregation model, which revolutionized supply-side operations in the flex space industry. By partnering with developer and landlords, Awfis created a scalable and capital-efficient expansion strategy. This innovative approach enabled the brand to rapidly grow its footprint across cities while offering landlords a revenue-generating partnership model.
This is what Prosenjit Raha, National Head, VP, Bajaj Capital has to say about Awfis, “Over the past decade, Awfis has been a crucial partner in our journey. In an industry where precision, compliance, and responsiveness are non-negotiable, they have consistently delivered with professionalism and integrity. What sets Awfis apart is their ability to blend agility with accountability — creating workspaces that are not just functional but aligned with our values and evolving business needs. It’s a partnership built on mutual respect and long-term vision.”
New Service Additions
- Awfis partnered with ECOS (India) Mobility & Hospitality Limited to offer premium chauffeur-driven and employee transportation services to clients across the country.
- Awfis introduced Elite by Awfis — a premium coworking offering designed for professionals and enterprises seeking elevated design, superior comfort, and functional excellence.
- Awfis has innovated Mobility Solutions to offer Day Pass, Meeting Rooms & Virtual Office—addressing the needs of freelancers, and new enterprises seeking convenient, ready-to-use office spaces.
- Awfis offers Daily Office and The Hub - flexible, on-demand workspace options that offer greater agility, convenience, and cost-efficiency for dynamic teams and professionals.
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“Marking a decade of Awfis is more than a business milestone — it's a celebration of the trust we have built with our clients, employees, and partners. From day one, our focus has been on transforming workspaces with purpose. This journey has reinforced a simple truth: sustainable growth stems from listening to your community and staying rooted in values. We look forward to the next chapter of innovation, inclusivity, and impact.” Amit Ramani, Chaiman & Managing Director, Awfis Space Solutions Ltd.
“Ten years ago, Awfis started with a bold belief — that the future of work would be flexible, digital-first, and community-driven. Today, that belief is not only validated but evolving every day. As we celebrate this milestone, we remain committed to creating experiences that go beyond infrastructure — where businesses thrive, people feel empowered, and growth is built on trust, not transactions.” Sumit Lakhani – Deputy CEO, Awfis Space Solutions Ltd.
