NSEGeneral Updates2d ago · 5 Aug 2026, 09:12 am
General Updates
Smartworks Coworking Spaces Limited · SMARTWORKS
✦ AI Summary▲ PositiveExpansion
Smartworks Coworking Spaces Limited has expanded its presence in Delhi NCR with a new managed office at 4 Worldmark by Bharti Real Estate in Aerocity, spanning ~1.41 lakh sq. ft. The new centre strengthens the Company's ability to serve multinational corporations, GCCs, and large enterprises seeking premium, well-located managed workspace in the national capital region.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10
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Smartworks Coworking Spaces Limited has informed the Exchange about General Updates
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Date:5th August 2026
To, To,
National Stock Exchange of India Limited BSE Limited (“BSE”)
(“NSE”) Listing Department
Listing Department Corporate Relationship Department
Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers,
Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001
NSE Scrip Symbol: SMARTWORKS BSE Scrip Code: 544447
ISIN: INE0NAZ01010 ISIN: INE0NAZ01010
Sub: Press Release – “ Smartworks Enters Aerocity, Delhi NCR's Fastest-Growing Business Hub, with ~1.41
Lakh Sq. Ft. Managed Office at 4 Worldmark”
Dear Sir/ Madam,
Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR”), we are enclosing herewith a Press Release titled “ Smartworks Enters
Aerocity, Delhi NCR's Fastest-Growing Business Hub, with ~1.41 Lakh Sq. Ft. Managed Office at 4
Worldmark”. The contents of the Press Release cover full details.
The said Press Release is also available on the website of the Company at
https://www.smartworksoffice.com/investors/.
This is for information and records.
For Smartworks Coworking Spaces Limited
Punam Dargar
Company Secretary & Compliance Officer
Mem. No.: A56987
Address: Unit No. 305-310, Plot No 9, 10 & 11 Vardhman Trade Centre
Nehru Place, South Delhi-110019
Encl.: As above
Smartworks Coworking Spaces Limited
(Formerly known as Smartworks Coworking Spaces Private Limited)
Regd. Office: Unit No. 305 – 310, Plot No. 9,10, & 11, Vardhman Trade Centre, Nehru Place, South Delhi – 110 019.
Corporate Office: DLF Commercial Building, Block - 3, Zone-6, DLF Phase – 5, Gurugram, Haryana-122002
Phone No: 0124-6919 400
CIN: L74900DL2015PLC310656
Smartworks Enters Aerocity, Delhi NCR's Fastest-Growing Business Hub, with ~1.41
Lakh Sq. Ft. Managed Office at 4 Worldmark
Gurugram, India, 5th August, 2026: Smartworks Coworking Spaces Limited (“Smartworks” or “the
Company”), India’s largest managed office platform by overall footprint, has expanded its presence in
Delhi NCR with a new managed office at 4 Worldmark by Bharti Real Estate in Aerocity. Spanning
~1.41 lakh sq. ft., the new centre reflects the Company’s sustained focus on strengthening its footprint
across key enterprise corridors and high-growth office markets.
Located adjacent to Indira Gandhi International Airport, the centre places Smartworks in one of Delhi
NCR’s fastest-growing commercial hubs, well connected and supported by a strong hospitality and
business ecosystem. The location strengthens the Company’s ability to serve multinational
corporations, GCCs, and large enterprises seeking premium, well-located managed workspace in the
national capital region.
By partnering with Bharti Real Estate on this asset, Smartworks continues to deepen its relationships
with leading developers across India, building on existing associations with groups such as
Hiranandani, Panchshil Realty, DLF, and Tata Realty, among others.
Commenting on the expansion, Neetish Sarda, Founder and Managing Director, Smartworks,
said: “Delhi NCR continues to be one of India’s most important enterprise office markets, and Aerocity
has emerged as one of its fastest-growing commercial hubs. Strong demand from GCCs and
multinational corporations is reinforcing its position as a preferred destination for global occupiers. The
addition of this centre further strengthens our Delhi NCR footprint and enhances our ability to support
the evolving requirements of enterprise occupiers. As workplace strategies continue to evolve, we
remain focused on developing high-quality managed office environments in locations that offer strong
long-term demand and strategic value.”
Smartworks’ new managed office space at 4 Worldmark pairs enterprise-grade workplace
infrastructure with a hospitality-led employee experience, set within a IGBC Platinum Certified
building. The centre offers collaborative workspaces, meeting and training facilities, wellness
amenities, executive lounges, and integrated breakout zones. Its location further gives members
access to curated food and beverage experiences, retail, and public art in the immediate vicinity,
all contributing to a differentiated workplace experience for enterprises and their teams.
Smartworks recently announced its Q1 FY27 results, reporting revenue of ₹546 crore, up 44% year-
on-year, while contracted rental revenue stood at approximately ₹5,400 crore, providing strong multi-
year revenue visibility. As of June 30, 2026, Smartworks has a total secured footprint of ~16.9 million
sq. ft. across 70 centres in 15 cities across India and Singapore.
About Smartworks Coworking Spaces Limited
Smartworks is India’s largest managed office platform by overall footprint, with ~16.9 million square
feet across 70 centres in 15 cities across India and Singapore, as of June 30, 2026. The Company
partners with real estate developers to transform large, bare-shell assets into fully managed,
enterprise-grade campuses. Smartworks primarily serves mid-to-large enterprises and counts 760+
clients, including Fortune 500 and Forbes 2000 companies, MNCs, leading Indian conglomerates and
unicorns. The Company also offers SmartVantage, a GCC-focused solution combining scalable
campuses with a curated ecosystem of partners across legal, compliance, talent, and operational
support, enabling rapid and compliant expansion in India.
Smartworks listed on NSE and BSE on 17 July 2025.
Safe Harbour Statement
This press release (the “Release”), prepared by Smartworks Coworking Spaces Limited (the
“Company”), is furnished solely for informational purposes and shall not constitute, or be relied upon
in connection with, any offer, solicitation, or invitation to subscribe for or purchase any securities of the
Company. No securities of the Company will be offered except by means of a statutory offering
document that contains detailed information about the Company. The information and data contained
herein have been compiled from sources the Company believes to be reliable; however, the Company
makes no representation or warranty, express or implied, as to the accuracy, completeness, or
fairness of such information. This Release is not intended to be all-inclusive, and readers should not
rely solely on the information contained herein. The Company expressly disclaims any liability for any
loss arising from, or in reliance upon, the whole or any part of the contents of this Release. This
Release may include forward-looking statements regarding, among other things, the Company’s
financial performance, growth prospects, strategy, and market opportunities. These statements
involve known and unknown risks, uncertainties, and other factors such as macro-economic
conditions, competitive pressures, regulatory changes, technological developments, and execution
challenges that could cause actual results, performance, or achievements to differ materially from
those expressed or implied herein. The Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future events, or otherwise, except
as required by applicable law. Any forward-looking statements or projections attributed to third parties
contained in this Release are not endorsed by the Company, which accepts no responsibility for such
third party information.
For media queries, please write to:
Anita Sharma
PR & Communications, Smartworks Coworking Spaces Limited
Anita.sharma@sworks.co.in