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Peak XV Partners-Backed Awfis’ IPO To Open On May 22

Co-working space provider Awfis is set to launch its initial public offering (IPO) on May 22 and close on May 27. The IPO will consist of a fresh issue of shares worth up to INR 128 crore (~$17 million) and an offer for sale (OFS) component of up to 1.23 crore shares. Notably, shareholders including Peak XV Partners, Bisque Limited, and Link Investment Trust are planning to offload their shares through the OFS. The offloading shareholders have increased the number of shares they plan to sell.

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