Innov8 Workspaces India Limited Unlisted Share

Core Business Highlights

• Managed & Customized Offices for enterprises, high-growth startups, and remote teams
• 30+ premium centers across 10 major Indian cities, including Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Ahmedabad, and Indore
• 90%+ occupancy rate, serving 8,000+ professionals daily
• Trusted by top companies like Swiggy, PhonePe, IndusInd Bank, JioSaavn, and Tata Digital

Its deep integration with OYO’s hospitality technology and operational expertise further strengthens its scalability and service delivery.

⭐ Key Corporate Actions (FY 2024–25)

1️⃣ Capital Expansion & Rights Issue

• As of March 31, 2024, Innov8 had 10,00,000 shares.
• Issued 6,78,400 additional shares via a ₹106 crore rights issue on 3 Oct 2024, taking total shares to 16,78,400.

2️⃣ Stock Split & Bonus Issue

• 14 Nov 2024:
  • 1:10 split → shares increased to 1,67,84,000
  • Bonus Issue: 22,65,84,000 shares allotted
  • Total: 24,33,68,000 shares

3️⃣ Private Placement

• 7 Jan 2025:
  • 1,09,75,610 shares allotted to InCred Wealth
  • Total outstanding shares: 25,43,43,610

These structured corporate actions strengthened Innov8’s balance sheet and aligned the company for long-term growth.

⭐ Funding & Valuation Momentum

June 2025 Funding Round

• New funding led by the Raymond Family Office
• Approximately 3% stake divested
• Reaffirmed Innov8’s ₹1,000 crore valuation

Consistent backing from institutional investors showcases strong confidence in the company’s business fundamentals.

⭐ Expansion Roadmap

Innov8 is gearing up for aggressive nationwide expansion.

Growth Plans

• Target: 100 centers by end-2025
• Adding 4 million sq ft of workspace over the next three years
• Strategic focus on Tier-1 and high-potential Tier-2 cities

This growth aligns with India’s rising demand for hybrid workspaces and enterprise-grade coworking environments.

⭐ Elite Clientele & Partnerships

Innov8’s customer portfolio includes some of India’s most respected brands:

• Swiggy
• Tata Digital
• PhonePe
• IndusInd Bank
• JioSaavn

As an OYO subsidiary, Innov8 benefits from:

• OYO’s large-scale hospitality operations
• advanced technology stack
• centralized procurement and design efficiencies

This synergy gives Innov8 a competitive edge in cost optimization and service quality.

⭐ Strategic Outlook

With strong investor backing and robust occupancy trends, Innov8 is positioned for significant expansion. It is capitalizing on:

• post-pandemic shift toward flexible workspace solutions
• rising enterprise adoption of managed offices
• increased preference for plug-and-play setups with zero capex

Innov8 is steadily emerging as one of India’s most influential workspace brands, playing an integral role in OYO’s broader corporate real estate strategy while shaping the future of modern work environments across India.