Our Company was incorporated as `Awfis Space Solutions Private Limited' as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 17, 2014, issued by the RoC. Thereafter, our Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on November 24, 2023, and the name of our Company was changed to `Awfis Space Solutions Limited', with a fresh certificate of incorporation dated December 5, 2023, issued to our Company by the RoC.
Major events and milestones: 2015 -Inaugurated our 1st center in New Delhi and commenced operations in Mumbai and Bangalore
2016 -Commenced operations in Gurgaon -Launched our mobile application - "Awfis Coworking" -Signed our 1st managed aggregation deal for a center in Mumbai
2017 -Secured Equity Investment worth ? 1,220 million from Peak XV -Commenced operations in Hyderabad, Pune, Noida and Kolkata
2018 -Commenced operations in Chandigarh - 1st Awfis center in a Tier-2 City
2019 -Procured Funding worth ~? 90 crore from Bisque Limited and Link Investment Trust
2020 -Launched our design and build solutions business line - Awfis Transform -Launched our property and facility management services business line - Awfis Care -Commenced operations in Chennai - marking our presence in 10 cities -Launched our 1st Awfis Gold center in Hyderabad
2021 -Commenced operations in Ahmedabad and Indore -Launch of landmark 100th center in Pune -Our Company became EBITDA positive for Fiscal 2021
2022 -Commenced operations in Bhubaneshwar, Jaipur and Kochi -Signed agreements for our 25th center each in Mumbai and Bangalore. -Garnered investment from investors, Ashish Kacholia, Rajesh Kumar Gupta, Rajiv Goel, Ramesh Kumar Sharma, Ashutosh Bihani, Arjun Bhartia, QRG Investments and Holdings Limited, VBAP Holdings Private Limited, Karmav Real Estate Holdings LLP and Emerge Capital Opportunities Scheme
2023 -Commenced operations in Nagpur -Crossed landmark of 100,000 total seats (operational + under fit-out), with over 160 total centres and over 5 million sq. ft. of total chargeable area
2024 -The Company Crossed landmark of 112,000 total seats (operational + under fit-out), with over 180 total centres and over 5.60 million sq. ft. of total chargeable area
2025 -Awfis Space Solutions Ltd has unveiled an industry report titled “India Rising – Charting the Managed Office Growth Trajectory”, developed in collaboration with Anarock Research & Advisory.
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