VBAP Holding sells Awfis’ shares worth Rs 57 Cr

VBAP Holdings Private Limited sold its 23.6% stake in co-working solutions firm Awfis through a bulk deal. According to a corporate disclosure on the National Stock Exchange, the firm offloaded 9,96,307 shares at Rs 570.12 per share for Rs 56.8 crore.

As of March 2025, VBAP owned 42,17,712 shares of Awfis, forming a total of 5.92% of Awfis' total captable. VBAP Holdings Private Limited is an investment and holding company with a diverse portfolio. It manages financial assets and strategic stakes in emerging businesses.

Less than a week ago, QRG Investments offloaded Awfis’ shares worth Rs 22 Cr through a bulk deal.

Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period.

Awfis’ stock is trading at Rs 565.8 (as of 11:55 AM) with a total market capitalization of Rs 4,061 crore.