Table Space is positioning itself as a major contender in the evolving commercial real estate landscape. Unlike traditional co-working spaces, Table Space focuses on Grade-A, custom-built, enterprise-managed offices for large multinational corporations (MNCs) and Fortune 500 companies.

Key Highlights of the IPO & Growth Strategy:

• Funding Utilization: The ₹1,000 crore proceeds are expected to be used for geographic expansion, clearing existing debt, and investing in "Smart Building" technologies to enhance workspace efficiency and sustainability.

• Pre-IPO Round: The company is currently in talks with late-stage venture capital firms and family offices to secure ₹200 crore. This round is intended to set a strong valuation benchmark before filing the Draft Red Herring Prospectus (DRHP) with SEBI.

• Revenue Traction: Table Space has shown significant financial growth, reporting a revenue of over ₹1,200 crore in FY25, with healthy EBITDA margins. It currently manages more than 10 million square feet of office space across major hubs like Bengaluru, Mumbai, Pune, and Hyderabad.

• The "Enterprise-First" Edge: The company’s unique selling proposition (USP) is its ability to handle the entire lifecycle of an office—from sourcing and fit-outs to daily operations—allowing large firms to move into fully functional offices in record time without the headache of facilities management.

Strategic Market Context:

The managed office sector has become a darling of investors as the "return to office" trend stabilizes in 2026. With major players like WeWork India and IndiQube also scaling rapidly, Table Space is aiming to be one of the first in its niche to successfully tap the public markets. The company is backed by Hillhouse Capital, which invested approximately $300 million in 2022, providing the startup with the institutional backing needed for a large-scale listing.

Future Roadmap:

Following the IPO, Table Space plans to enter Tier-II cities where MNCs are increasingly setting up Global Capability Centers (GCCs). The company aims to nearly double its managed portfolio to 20 million square feet by the end of 2027.