Smartworks Adds 2.47 Lakh Sq. Ft. Capacity in Jaipur, Invests ₹35 Crore
Smartworks Coworking Spaces Limited is adding 2,47,000 Sq. Ft. to its capacity in Jaipur by July 2026. The expansion requires an investment of approximately ₹35 Crores, funded by internal accruals or issue proceeds. This move aims to support business growth and expand the company's footprint.
Capacity addition and investment indicate business expansion, which can positively impact future revenue and market presence, but the scale is moderate relative to existing operations.
The company is expanding its capacity and investing in growth, which is a positive development.
Smartworks Coworking Spaces Limited has announced a significant expansion of its operational capacity by adding approximately 2,47,000 Sq. Ft. in Jaipur. This expansion is scheduled to be completed within July 2026 and will involve an investment of approximately ₹35.00 Crores.
The company's existing capacity stands at 13.7 Million Sq. Ft. leased and 10.1 Million Sq. Ft. operational, with a current operational capacity utilization of 82% as of March 31, 2026. The rationale behind this expansion is to support business growth and broaden the company's operational footprint.
The investment will be financed through internal accruals or issue proceeds. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Smartworks Coworking Spaces Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Smartworks Coworking Spaces Limited. Read the original for the full detail.