October 2026
Largest PropTech Public Companies in India
Benchmark revenue and EBITDA valuation multiples for public comps like
Horizon Industrial Parks, Smartworks Coworking, Aurum Proptech, Awfis Space Solutions and HDIL.
 | Horizon Industrial Parks develops, owns and operates industrial and warehousing parks in India, leased to logistics, manufacturing and e-commerce tenants. It is backed by Blackstone. Headquartered in Mumbai. | $0 | -- | $1.4B | $1.9B | 27.0x | 32.5x | ||
| Smartworks Coworking Spaces Ltd is an office experience and managed campus platform. It leases and manages approximately SBA of 8.99 million square feet. The company equips its campuses with modern and aesthetically pleasing designs and amenities such as cafeterias, sports zones, smart convenience stores, gymnasiums, and medical centres etc., to provide a collaborative workspace. It focuses on mid-to-large enterprises and has built a growing client base, which includes Indian corporates, MNCs operating in India, and startups. Geographically, the company generates the majority of its revenue from India, and Others. | $5 | -19% | $564M | $1.1B | 5.6x | 8.7x | ||
| Aurum Proptech Ltd is in the business of PropTech (property and technology) development for real estate, and other services relating to real estate. Its products, services, and platforms cater to the needs of various real estate market participants across three key verticals: Rental, Distribution, and Capital. In the Rental space, it provides solutions for student living, co-living, and family rentals. The Distribution vertical includes data analytics, marketing, and sales automation services, while the Capital vertical offers investment opportunities. Some of its products are; Nestaway; Aurum Analytica; Aurum KuberX; and among others. Its reportable segments are; Real Estate as a service (RAAS) which derives maximum revenue, Software as a service (SAAS), and Others. | $2 | +16% | $217M | $217M | 5.4x | 19.5x | ||
| Awfis Space Solutions Ltd is a flexible workspace solutions company with a presence in various cities in India. It provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations. It also provides integrated facility management services and enterprise workspace designing and building services. The group is organized into several business segments: Providing co-working space on rent and allied services, Facility management services, Construction and fit-out services, and Other services. Key revenue is generated from Co-working space on rent and allied services. | $3 | -63% | $180M | $327M | 2.1x | 5.3x | ||
| Mumbai real estate developer that built residential and commercial projects and slum rehabilitation schemes. It is under insolvency proceedings and its activity is largely limited to completing and selling existing projects. | $0 | -58% | $6M | $265M | 1554.8x | - | ||
| Median | $2 | -39% | $217M | $327M | 5.6x | 14.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.