Executive Centre India IPO Details
MAINBOARD
Executive Centre India IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
The Lead Managers for Executive Centre India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Kotak Mahindra Capital Company Ltd, ICICI Securities Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Executive Centre India Limited DRHP.
Executive Centre India IPO Details
Executive Centre India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Executive Centre India IPO Reservation
Promoter Holding
Documents
Executive Centre India IPO Valuations
Executive Centre India Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 3,888.83 | 3,049.18 | 2,317.78 |
| Total Income | 1,346.40 | 1,055.32 | 772.11 |
| Profit After Tax | -80.61 | -56.32 | -7.36 |
| EBITDA | 713.33 | 583.55 | 468.03 |
| Net Worth | -2,712.00 | -3,342.79 | -3,344.80 |
| Total Borrowing | 361.28 | 315.05 | 299.13 |
| Amount in ₹ Crore | |||
About Executive Centre India IPO
Incorporated in 2008, Executive Centre India Ltd. is a subsidiary of The Executive Centre (TEC), a leading premium flexible workspace solutions provider in the Asia-Pacific region.
The company offers co-working spaces, private offices, virtual offices, meeting rooms, and enterprise-grade solutions tailored to businesses of all sizes.
As of March 31, 2025, the portfolio comprised 89 Operational Centers across 14 cities in seven countries.
Services:
- Premium Co-working Spaces
- Fully Furnished Private Offices
- Virtual Office Services
- Meeting and Conference Rooms
- Enterprise Workspace Solutions
As of March 31, 2025, the company had 938 employees.
Competitive Strengths:
- One of the early international brands to lead the offering of premium flexible workspace solutions in India, with presence across the key markets in Asia
- Diversified and derisked portfolio of assets with an established long term track record that benefits from multiple growth drivers and synergies within the TEC Group.
- Premium hospitality driven approach, which acts as a high barrier to entry, resulting in high-quality offering and highest revenue per square foot among our Benchmarked Peers in India.
- Premium spaces in Grade A properties in Central Business Districts and key clusters and supported by longterm relationships with reputed landlords.
- Marquee, loyal, diverse and largely MNC Client base
Strength Of Executive Centre India IPO
Risk Of Executive Centre India IPO
Objectives Executive Centre India IPO
1. Investment in TEC Abu Dhabi, the direct Subsidiary, for financing the part-payment of the consideration for the acquisition of TEC SGP and TEC Dubai, two of our stepdown Subsidiaries, from one of our Corporate Promoters, TEC Singapore, pursuant to the Internal Restructuring Agreement
2. General corporate purposes
Company Contact Details
Executive Centre India Ltd.
Level 1, First International Financial Centre,
Plot Nos. C-54 & C-55, G Block Road,
Bandra Kurla Complex,
Mumbai, Maharashtra, 400051
Phone: + 91 22 6864 384
Email: TEC_india.companysecretary@executivecentre.com
Website: https://www.executivecentre.in/
Registrar Contact Details
Executive Centre India IPO - FAQs
The Executive Centre India IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹2,600.00 Cr. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.