Peak XV sells 2.68% of Awfis
By Abha Lohia ·
- Awfis runs flexible office and coworking spaces for startups, small firms and large corporates across Indian cities, and is listed on the stock exchanges
- On 9 October, a Peak XV Partners fund sold 19.2 lakh shares in open-market trades at ₹245 each, worth about ₹47 crore
- The fund held 3.24% as of June 2026; a trust bought 1.6% in the same session, and the stock still closed up 3.74% at ₹247
What happened
- A Peak XV Partners fund sold 2.68% of Awfis in bulk deals on 9 October.
- It sold 19.2 lakh shares at ₹245 each, about ₹47.04 crore.
- Kritagyata Trust bought 11.5 lakh shares, or 1.6%, at ₹244.97.
- Awfis shares closed 3.74% higher at ₹247.03 on Friday.
Why it matters
- The sale trims a venture investor's holding in a listed new-age company.
- The fund held 3.24% as of June 2026, so most of that stake is now sold.
The business
- Awfis provides flexible workspace and managed office solutions.
- It was founded by Amit Ramani.
The founders
Who put in money
- Peak XV Partners Seller — Venture capital firm
Words to know
- Bulk deal
- A large share trade reported to the exchange
Other articles talking about it
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
More on Awfis
- AWAwfis · Results · 13 August 2026 · ₹24 CrAwfis posts ₹24 Cr net profit in Q1 FY27
- AWAwfis · Results · 25 May 2026Awfis net profit jumps 107% in Q4 FY26
- AWAwfis · Results · 2 February 2026Awfis posts Rs 382 crore revenue in Q3 FY26
- AWAwfis · People · 5 January 2026Awfis appoints new CFO as former executive departs for better opportunities
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