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Workspace startup Table Space is getting ready to hit Dalal Street with an IPO that could raise up to ₹1,000 crore in fresh shares, along with a stake sale by existing investors.
Quick deets: the company had been lining this up since late 2024. But in January 2025, founder Amit Banerji’s sudden passing forced a leadership reshuffle, briefly putting its market debut on shaky ground.
The big picture: India’s office scene is changing fast. Global Capability Centres, basically offshore hubs set up by global giants, are driving the demand. There are already around 1,800 of them in India, and the sector could be worth $9 billion by 2030.
With India’s IT-ITES industry raking in over $280 billion a year, companies are snapping up 75 to 80 million square feet of office space annually. And with 70% of Fortune 500 firms planning to grow their India presence, the office rush is far from over.
That is where Table Space comes in. With a portfolio of 11 to 12 million square feet, it wants to be the go to landlord for global heavyweights betting big on India.
