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Engaged Employer
Awfis
3.9
based on 131 Reviews
Company Overview
Company Locations
Working at Awfis
Company Summary
The Largest Network of Flex Workspaces in India - Awfis offers coworking spaces, enterprise solutions & ultimate mobility solutions for clients of all sizes.
Overall Rating
3.9/5
based on 131 reviews
32% above
industry average
Highly rated for
Work-Life Balance, Salary & Benefits, Company Culture
Critically rated for
Promotions/Appraisal
Work Policy
Work from office
91% employees reported
Alternate Saturday off
46% employees reported
Strict timing
56% employees reported
Within city
46% employees reported
View detailed work policy
Top Employees Benefits
Cafeteria
7 employees reported
Health insurance
6 employees reported
Job/Soft skill training
4 employees reported
Professional degree assistance
1 employee reported
View detailed benefits
About Awfis
Founded in2015 (9 yrs old)
India Employee Count501-1k
Global Employee Count--
India HeadquartersDelhi,NCT, India
Office Locations
Websiteawfis.com
Primary Industry
Other Industries
As India embarked on an exciting journey of developing an innovative ecosystem for entrepreneurs, we have become an integral part of this journey by creating an affordable, tech-enabled, collaborative, high energy co-working environment for the entrepreneurial community. With a passion to create inspirational workspace solutions, Amit Ramani founded Awfis in April, 2015. The aim was to introduce a 'Sharing Economy' business model where one should be able to make 'Just-in-time' bookings for meeting rooms & work desks and enjoy a flexible, hassle-free, productive work environment.
We strongly believe that today’s startups need much beyond co-working. Therefore, we innovated the concept of Pro-WorkingTM that focuses on People, Proximity and Performance. Our aim is to bring workspaces closer and make them more accessible to people. We are committed to create an ecosystem to facilitate community based working advantage and facilitate Performance through strong operations, well defined training processes, consistent service quality and product offerings across all centres.
We are delighted to have nurtured many inspiring entrepreneurial success stories in our centres and have grown our community to 25000+ members. This number is growing every day providing us with a large, vibrant and diverse community that fosters an environment of knowledge sharing and cross-pollination of ideas. Under Awfis Rewards Program, we have curated 100+ strategic partnerships that provide exclusive offers to Awfis Members. We are also providing a platform for our community members to regularly interact, network, share ideas at our events, seminars and mixers.
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Awfis Ratings
based on 131 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
61
4
27
3
18
2
5
1
20
Category Ratings
3.9
Work-Life Balance
3.8
Salary & Benefits
3.8
Company Culture
3.6
Work Satisfaction
3.6
Job Security
3.5
Skill Development
3.2
Promotions/Appraisal
Awfis is rated 3.9 out of 5 stars on AmbitionBox, based on 131 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Awfis
based on 128 reviews
4.2
Rated by 30 Women
Rated 4.1 for Company Culture and 3.9 for Work-Life Balance
3.8
Rated by 98 Men
Rated 3.8 for Work-Life Balance and 3.8 for Salary & Benefits
Work Policy at Awfis
based on 21 reviews in last 6 months
Work from office
91%
Hybrid
9%
Awfis Reviews
Top mentions in Awfis Reviews
+ 5 more
Compare Awfis with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.9/5 based on 131 reviews | 2.9/5 based on 115 reviews | 3.7/5 based on 74 reviews | 4.3/5 based on 61 reviews |
Highly Rated for | Work-Life balance Salary & Benefits Company culture | No highly rated category | Work-Life balance Job Security | Company culture Job Security Work-Life balance |
Critically Rated for | Promotion/Appraisals | Promotion/Appraisals Salary & Benefits Company culture | Promotion/Appraisals Skill development | No critically rated category |
Primary Work Policy | Work from office 91% employees reported | - | - | - |
Rating by Women Employees | 4.2 Good rated by 30 women | 2.3 Poor rated by 51 women | 3.7 Good rated by 30 women | 3.7 Good rated by 16 women |
Rating by Men Employees | 3.8 Good rated by 98 men | 3.5 Good rated by 56 men | 3.7 Good rated by 35 men | 4.6 Excellent rated by 38 men |
Job Security | 3.6 Good | 2.7 Poor | 3.8 Good | 4.2 Good |
View more
Awfis Salaries
3.8
rated by 131 employees for salariesassistant community manager
(44 salaries)
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₹4.1 L/yr - ₹7.4 L/yr
Community Manager
(42 salaries)
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₹3.6 L/yr - ₹9.1 L/yr
Assistant Manager - Legal
(11 salaries)
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₹7 L/yr - ₹12.6 L/yr
Cluster Manager
(10 salaries)
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₹9 L/yr - ₹16.9 L/yr
Sales Manager
(9 salaries)
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₹5 L/yr - ₹7.5 L/yr
Project Manager
(9 salaries)
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₹8.5 L/yr - ₹15 L/yr
Senior Sales Manager
(8 salaries)
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₹6.8 L/yr - ₹13.5 L/yr
Assistant General Manager
(7 salaries)
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₹15 L/yr - ₹20 L/yr
Administration Executive
(7 salaries)
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₹3.6 L/yr - ₹4.2 L/yr
General Manager Project
(7 salaries)
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₹32 L/yr - ₹32.5 L/yr
Awfis Jobs
Awfis News
View all
Awfis Gets Target Price Upgrade From ICICI Securities On Strong Industry Tailwinds; Sees 44% Upside
- Awfis, the first co-working/flexible workspace company in India, has received a target price upgrade from ICICI Securities.
- ICICI Securities sees a 44% upside for Awfis due to strong industry tailwinds.
- There is limited scope for comparison with industry peers as Awfis is the first of its kind in India.
- The target price upgrade reflects positive growth prospects for Awfis in the co-working/flexible workspace industry.
Bloomberg Quint | 18 Dec, 2024
Morgan Stanley, Societe Generale, two others buy Awfis Space shares for Rs 416 Cr
- Morgan Stanley, Societe Generale, Citigroup Global Mauritius, and Goldman Sachs have collectively purchased a stake in Awfis Space Solutions for Rs 416 crore.
- The shares were acquired through separate block deals at an average price of Rs 709.90 apiece.
- Other entities such as Axis Mutual Fund, Canara Robeco MF, Invesco MF, and Nippon India MF also bought shares of Awfis Space Solutions.
- After the transaction, Bisque's holding in Awfis Space Solutions has decreased to 9.85% from 14.38%.
Yourstory | 12 Dec, 2024
Peak XV, Bisque Offload Awfis Shares Worth INR 606 Cr
- VC giant Peak XV Partners and investment firm Bisque Limited offloaded Awfis shares worth INR 605.65 Cr.
- Peak XV sold 53.5 Lakh shares and Bisque offloaded 31.81 Lakh shares at a price of INR 709.9 per share.
- Invesco, Goldman Sachs India, Citigroup, Morgan Stanley Asia Singapore, Societe Generale, Whiteoak Capital, among others, purchased the shares.
- Awfis shares surged 80% since May, driven by positive analyst ratings and expansion plans.
Inc42 | 12 Dec, 2024
Awfis Space Block Deal: Invesco, Aditya Birla Sun Life, Goldman Sachs Buy Shares
- Promoter Peak XV Partners Investments V and public shareholder Bisque sold shares of Awfis Space Solutions Ltd. through a block deal.
- Invesco Mutual Fund acquired 1.54% stake for Rs 77 crore, Aditya Birla Sun Life Insurance bought 1.38% equity for Rs 69 crore, Ashoka WhiteOak Fund purchased 1.3% shares for Rs 65 crore, and Goldman Sachs acquired 1.22% stake for Rs 60 crore.
- Other buyers include Nippon India Mutual Fund, Axis Mutual Fund, UTI Mutual Fund, Morgan Stanley, Societe Generale, Citigroup, Union Mutual Fund, India Acorn Fund, and Canara Robeco Mutual Fund.
- Promoter Peak XV Partners Investments V offloaded 3.81% equity for Rs 190 crore, and public shareholder Bisque sold 7.17% equity worth Rs 357 crore.
Bloomberg Quint | 11 Dec, 2024
Stocks To Watch: Awfis Space Solutions, NTPC Green, LTIMindtree, Infosys, HG Infra And More
- Awfis Space Solutions, NTPC Green Energy, LTIMindtree, Infosys, and HG Infra Engineering are the key stocks to watch in trade.
- Awfis Space Solutions promoters plan to sell shares worth Rs 583 crore.
- NTPC Green Energy secures a deal for the development of 2,000 megawatt solar power projects.
- LTIMindtree announces a strategic partnership with GitHub to drive enterprise innovation at scale.
Bloomberg Quint | 11 Dec, 2024
Peak XV, Others To Offload Stake Worth INR 583 Cr in Awfis
- VC major Peak XV Partners, Bisque Limited, and Link Investment Trust plan to offload Awfis shares worth INR 583 Cr.
- The three investors will sell a 12.2% stake, or 85.8 Lakh shares, in Awfis through a block deal.
- The shares will be sold at INR 680 apiece, representing a 5.2% discount to the closing price on Tuesday.
- Awfis, the largest flexible space operator in India, reported a consolidated net profit of INR 38.67 Cr in Q2 FY25.
Inc42 | 11 Dec, 2024
Awfis Space Solutions Shareholders Likely To Offload Shares Worth Rs 583 Crore
- Promoter Peak XV Partners Investments V, Bisque Ltd. and Link Investment Trust are looking to offload shares worth Rs 583 crore in Awfis Space Solutions Ltd. through one or more share sale.
- The offer opened on Tuesday and will close on Wednesday. The floor price of Rs 680 per share is at a discount of 5.2% to Tuesday's closing of Rs 717.05 apiece, according to the term sheet accessed by NDTV Profit.
- Last month, Awfis Space Solutions said it would design and manage 1.65 lakh square feet of office space in Mumbai for the National Stock Exchange. With this new deal, the company expands its footprint with additional two centres.
- Shares of Awfis Space Solutions rose as much as 1.08% during the day to Rs 725 apiece on the NSE. It closed 0.03% lower at Rs 717.05 per share, compared to a 0.04% decline in the benchmark Nifty. The share price has risen 70.02% since its listing in May.
Bloomberg Quint | 11 Dec, 2024
Awfis reports insider trading violation by senior executive
- Co-working solutions provider Awfis Space Solutions Limited reported a trading violation involving one of its executives.
- Anindita Seal Sarkar, Vice President of Sales, sold 15,764 shares and subsequently bought 25 equity shares without proper clearance, breaching the company's insider trading guidelines.
- Awfis has referred the matter to its Audit Committee, and action will be taken in accordance with the Code of Conduct.
- Awfis has reported strong revenue growth and profitability in the second quarter of FY25, with a 40.5% YoY increase in revenue from operations.
Entrackr | 28 Nov, 2024
Awfis Reports Breach Of Insider Trading Norms By Sr Executive
- Awfis reports violation of insider trading rules by its vice-president of sales, Anandita Seal Sarkar.
- Anandita Seal Sarkar sold 15,764 shares of Awfis with prior approval but bought 25 shares without prior approval.
- The violation breached the code of conduct under the Securities and Exchange Board of India regulations.
- The matter has been referred to Awfis' audit committee for appropriate action.
Inc42 | 28 Nov, 2024
Awfis reports insider trading breach by senior executive
- Awfis Space Solutions reported a trading violation involving one of its executives.
- Anindita Seal Sarkar, Vice President of Sales, sold 15,764 shares and bought 25 equity shares without proper clearance.
- Awfis referred the matter to its Audit Committee, stating the trade contradicted its internal policies.
- No monetary penalty was imposed, and no previous violations have been reported in the current fiscal year.
Yourstory | 27 Nov, 2024
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