Innov8 Workspaces India unlisted share price

Price history

About

Innov8 Workspaces India Limited is a premium co-working and flexible workspace operator. It rents out seats, private offices and fully managed offices to companies, from teams of five seats to larger firms. The company was formerly known as OYO Workspaces India Private Limited. Its annual report says Innov8 was founded in 2015 by Ritesh Malik and became part of the OYO group, now called PRISM, in 2019. It focuses on central business districts and busy commercial clusters in Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Pune and Chennai, with locations such as DLF Cyberpark, Connaught Place, Aerocity and BKC. It operated 58 centres at the end of FY26, up from 42 a year earlier, and 72 centres about three months after the year-end. Management targets 101 centres during FY27. Landlords mostly pay for the fit-out of each centre, so Innov8 describes its model as capital-light. The numbers below are from the company's audited FY26 standalone statements, in ₹ million as printed. Revenue from operations was 2,013.10 million, about ₹201.31 crore, against 1,144.55 million in FY25. Profit for the year was 137.45 million against 11.64 million. The profit includes other income of 388.95 million. Net worth stood at 754.49 million and total assets at 6,649.75 million, most of it right-of-use assets for leased buildings. OYO Hotels and Homes Private Limited held 85.72% of the shares as on 31 March 2026, and Oravel Stays Limited is the ultimate holding company. The company has 254,343,610 equity shares of face value ₹1 each. At the latest indicative price of ₹56, that works out to an implied market cap of about ₹1,424.32 crore. Innov8 is a public unlisted company and has no IPO journey on IPO Guru yet. Unlisted shares of a company like this trade off-market through dealers. Prices are indicative, liquidity can be thin, and there is no exchange price to check against.