WeWork India IPO: Date, Price Band, GMP & Details
WeWork India Management Limited, the country's largest flexible workspace operator, is launching its Initial Public Offering (IPO) on October 3, 2025. The public issue, which will close on October 7, 2025, aims to raise approximately Rs 3,000 crore at the upper end of the price band.
About WeWork India Ltd.
Launched in 2017, WeWork India operates as a franchisee of the US-based WeWork brand and is backed by the prominent real estate developer, Embassy Group. The company provides premium, tech-enabled flexible workspace solutions to a diverse client base, ranging from large enterprises and startups to small businesses and individual professionals.
The company's business model involves leasing Grade A office spaces in prime locations, which it then designs, builds out, and operates as high-quality workspaces. As of its regulatory filings, WeWork India managed over 59 centers with approximately 94,400 desks across eight major Indian cities.
WeWork India IPO Details (2025)
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IPO Open Date: October 3, 2025
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IPO Close Date: October 7, 2025
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Price Band: Rs 615 – Rs 648 per share.
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Issue Size: The IPO is a complete Offer for Sale (OFS) of 4.63 crore equity shares, aggregating up to Rs 3,000 crore at the upper price band.
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Retail Quota: 10% of the offer is reserved for retail investors.
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Listing: The shares will be listed on both the BSE and NSE.
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Allotment Date: Tentatively October 8, 2025.
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Listing Date: Tentatively October 10, 2025.
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Book-Running Lead Managers: ICICI Securities, Jefferies India, JM Financial, Kotak Mahindra Capital, and 360 ONE WAM.
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Registrar: MUFG Intime India Private Limited.
Offer for Sale Details
The IPO is purely an exit route for existing shareholders, and the company will not receive any proceeds from the issue. The selling shareholders include:
Financial Performance and Turnaround
WeWork India has demonstrated a remarkable financial turnaround, which is a key highlight for potential investors. The company has successfully shifted from significant losses to profitability, showcasing strong operational efficiency.
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Revenue Growth: The company's revenue from operations has grown consistently, reaching Rs 1,665 crore in FY24.
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Profitability: After reporting losses in previous years, the company achieved a profit of Rs 175 crore in the first half of fiscal year 2025 (H1 FY25), marking a significant milestone.
What You Can Find on This Page
This page is your complete resource for the WeWork India IPO. Here you can find:
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Live IPO Subscription Status: Real-time tracking of subscription numbers across all investor categories (QIB, NII, Retail).
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Grey Market Premium (GMP): The latest GMP updates to gauge market sentiment ahead of listing.
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Allotment and Listing Information: Details on the allotment status and the stock's performance on its listing day.
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Detailed Financial Data: In-depth analysis of the company's financial statements and key ratios.
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Analyst Reviews: Expert opinions and recommendations on whether to subscribe to the IPO.
Frequently Asked Questions (FAQs) about WeWork India IPO
Q1: What are the key dates for the WeWork India IPO?
The IPO is open for subscription from October 3 to October 7, 2025. The tentative listing date is October 10, 2025.
Q2: What is the price band for the WeWork India IPO?
The price band has been set at Rs 615 to Rs 648 per share.
Q3: Is WeWork India a profitable company?
Yes, after reporting losses in previous years, the company turned profitable in the first half of the fiscal year 2025, recording a profit of Rs 175 crore.
Q4: Is this a fresh issue of shares?
No, the IPO is a 100% Offer for Sale (OFS), where existing promoters and investors are selling their stakes. The company will not raise any new capital from this issue.