Archive · 20 Aug 2025
Coworking Startup Table Space Prepares for IPO
Table Space, a company that provides office spaces, is getting ready to sell stock to the public, called an IPO.
They've changed their name and added new board members as part of this process.
The company hopes to be worth $2.5 billion after the IPO.
They had a successful year but saw a decrease in profits.
The company offers office services in various Indian cities and has over 315 clients.
The owner also bought more company shares recently.
Many other coworking space companies are also planning to go public.
Table Space, a coworking startup, is preparing for its IPO.
The company changed its legal name to Tablespace Technologies Limited.
Three new independent directors were appointed to the board.
The IPO is expected to value the company at $2.5 billion.
The company's net profit declined while operating revenue increased in FY24.
- Who
- Table Space, a coworking startup.
- What
- Table Space is preparing for an IPO and converting to a public entity.
- When
- Preparations are underway, with an anticipated IPO filing by April 2025.
- Where
- Based in Bengaluru, India.
- Why
- To raise capital through a public offering.
- Company Name
- Tablespace Technologies Limited
- Valuation (Expected)
- $2.5 Bn
- Independent Directors
- Nilesh S Vikamsey, Ganesh Natarajan, Anthony Couse
- FY24 Revenue
- INR 898 Cr
- FY24 Net Profit
- INR 11 Cr
- Clients
- Over 315