QRG Investments and Holdings Limited has gone a long way in the public markets with a large selloff of shares in Awfis Space Solutions Ltd. It was a bulk transaction to carry out and entailed the sale of 3,67,408 shares of the co-working space provider. These shares were sold at an average price of ₹591.17 per share. This massive sale involved an overall sale value of close to ₹21.94 crore of QRG Investments.

Expansive and varied investment portfolio

QRG Investments and Holdings Limited is an investment unit of the larger QRG Group. It is also a major shareholder in the large electrical goods company, Havells India. It is a diversified Non-Banking Financial Company (NBFC). The broad range of its investment portfolio is geared towards investing in a wide range of asset classes and areas.

This portfolio consists of various areas of interest, including startup capital, investments in listed securities, the supply of venture debt and structured credit, and investments in REITs/InvITs. In addition to the financial markets, QRG Investments has interests in the private business, especially in the area that deals with healthcare, electric mobility, and pharmaceuticals, portraying a proactive and diversified view of investment.

Performance and net profit surge of Awfis

This sale of shares in bulk by QRG Investments occurs against the backdrop of good recent performance by Awfis Space Solutions Ltd. The co-working firm shared a strong financial performance in the first quarter of the fiscal year 2026 (Q1 FY26). Awfis recorded a high growth of 30% in year-on-year growth of revenue by operations as the amount has increased to ₹335 crore in Q1 FY26, as compared to ₹258 crore in the previous fiscal year (Q1 FY25). There is a 3.5x surge in net worth, which indicates ₹10 crore in Q1 FY 2026 as compared to ₹2.8 crore of last year. 

As soon as the bulk deal and financial outcomes were announced, Awfis stocks were seen selling at ₹577 apiece on the market, which led to the company having a market capitalization of ₹4,131 crore. This large deal shows the dynamism of the investments in the co-working space and the active portfolio management of the large investment companies such as QRG Investments.

QRG Investments and Holdings Limited and Awfis Space Solutions Ltd. haven’t issued any public statement regarding the shift and sale of shares. The companies are focused on building and gaining profit in the upcoming years. 

Conclusion

The sale of Awfis stakes by QRG Investments and Holdings Limited, valued at approximately ₹21.94 crore, is a notable portfolio trade of a large diversified investment firm. Although the motive behind the sale is a portfolio management exercise, the deal takes place in the backdrop of a good recent financial performance of Awfis, with a robust rise in revenues by 30% and an increase in net profit by 3.5 times in the first quarter of the fiscal year 2026.