Singapore’s leading co-living operator, Coliwoo, has announced the launch of its initial public offering (IPO) on the Singapore Exchange (SGX) Mainboard, with shares priced at S$0.60 each. The IPO is set to raise approximately $70.4m (S$96.2m), including cornerstone subscriptions, with trading expected to commence at 9:00 am on 6 November 2025.
The offering comprises around 80.3 million shares, split into 75 million placement shares and 5.3 million public offer shares, subject to an over-allotment option. Notably, nine cornerstone investors have committed to new shares valued at approximately $38.6m (S$52.8m). These investors include prominent names such as Albizia Capital, Avanda Investment Management, and UOB Asset Management, amongst others.
Coliwoo’s IPO marks a significant milestone for the company, which has established itself as a leader in Singapore’s co-living sector. The funds raised are expected to support the company’s expansion plans and enhance its market presence. The involvement of high-profile cornerstone investors underscores the confidence in Coliwoo’s business model and growth potential.
The trading debut on SGX Mainboard is anticipated to attract significant attention from investors, given the company’s strong market position and the growing demand for co-living spaces in urban areas. As Coliwoo steps into the public market, it aims to leverage the raised capital to further solidify its leadership in the co-living industry.
