WeWork India IPO
Open MainLineCurrent GMP
₹5 (+0.77%)
Price Band
₹ 615 – 648
Lot Size
23
Issue Size
₹3000 Cr
Minimum Investment
₹14904 (23 Shares)
Listing Date
10 October 2025
Subscription
1.15x
About the Company
Incorporated in 2016, WeWork India Management Limited is a leading flexible workspace operator in India. The company offers a wide range of workspace solutions, including custom-designed buildings, enterprise office suites, tailored managed offices, private offices, co-working spaces, and hybrid digital solutions.
WeWork India serves a diverse clientele comprising large enterprises, small businesses, startups, and professionals by delivering high-quality, adaptable work environments tailored to modern business needs.
As of June 30, 2025, the company operated 68 centres across eight cities in India, with a total desk capacity of 114,077. Bengaluru and Mumbai accounted for a significant share of its net membership fees during this period.
The company’s clients include prominent organizations such as Amazon Web Services India Private Limited, JP Morgan Services India Private Limited, Discovery Communications India, Deutsche Telekom Digital Labs Private Limited, CBA Services Private Limited, and Grant Thornton Bharat LLP.
As of the same date, WeWork India employed 583 people.
Promoters
- Jitendra Mohandas Virwani
- Karan Virwan
- Embassy Buildcon LLP
Promoters Holding
Holding Pre Issue
73.56%
Holding Post Issue
48.07%
Objects of the Issue
The Company will not receive any proceeds from the Offer. All Offer Proceeds shall be received by the Selling Shareholder subsequent to the deduction of Offer-related expenses and applicable taxes, which shall be the responsibility of the Selling Shareholders
Address / Contact Info
WeWork India Management Ltd.
6thFloor, Prestige Central
36, Infantry Road,Shivaji Nagar
Bengaluru, Karnataka, 560001
Phone: +91 8884564500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 03 October 2025
IPO Close Date
Tuesday, 07 October 2025
Basis of Allotment
Wednesday, 08 October 2025
Initiation of Refunds
Thursday, 09 October 2025
Credit of Shares to Demat
Thursday, 09 October 2025
Listing Date
Friday, 10 October 2025 — NSE & BSE
Important Dates
Open Date
03 October 2025
Close Date
07 October 2025
Basis Of Allotment
08 October 2025
Listing Date
10 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 5391.67 | 4482.76 | 4414.02 |
| Revenue | 2024 | 1737.16 | 1422.77 |
| Profit After Tax | 128.19 | -135.77 | -146.81 |
| Net Worth | 199.7 | -437.45 | -292.11 |
| Reserve & Surplus | 65.68 | -634.75 | -346.92 |
| Total Borrowings | 310.22 | 625.83 | 485.61 |
EPS Pre
9.56%
EPS Post
9.56%
P/E Pre
67.75
P/E (Post Issue)
67.75x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon |
|---|---|
| ROE % | 0 |
| ROCE % | 0 |
| Debt / Equity | 0 |
| RoNW % | 63.8 |
| PbW | 0 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 13871033 | 54.42 | 0 |
| Non-Institutional | 6935515 | 27.21 | 0 |
| BNII | 4623677 | 18.14 | 0 |
| SNII | 2311838 | 9.07 | 0 |
| Retail Investors | 4623677 | 18.14 | 0 |
| Employees | 59523 | 0.23 | 0 |
| Total | 25489748 | 100 | 0 |
Subscription Status ( Tue, 07 Oct 25 01:44 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 13871033 | 24766584 | 1.79x |
| Non-Institutional | 6935515 | 1568117 | 0.23x |
| BNII | 4623677 | 1076446 | 0.23x |
| SNII | 2311838 | 491671 | 0.21x |
| Retail Investors | 4623677 | 2822192 | 0.61x |
| Employees | 59523 | 111481 | 1.87x |
| Total | 25489748 | 29268374 | 1.15x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| WeWork India Management Ltd | 10 | 0.00 | 9.93 | 9.87 | 63.80 | 15.57 |
| Awfis Space Solutions Ltd | 10 | 59.38 | 9.75 | 9.67 | 14.78 | 64.71 |
| Smartworks Coworking Spaces Ltd | 10 | 0.00 | -6.18 | -6.18 | -58.76 | 10.55 |
| IndiQube Spaces Ltd | 1 | 0.00 | -7.65 | -7.65 | 0.00 | -0.24 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 23 | 14,904.00 |
| Retail (Max) | 13 | 299 | 193,752.00 |
| S-HNI (Min) | 14 | 322 | 208,656.00 |
| S-HNI (Max) | 67 | 1,541 | 998,568.00 |
| B-HNI (Min) | 68 | 1,564 | 1,013,472.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Jefferies India Private Limited
- ICICI Securities Limited
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- 360 ONE WAM Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
WeWork India IPO is a Book-building IPO worth ₹3000 crores. The price band is ₹615 to 648 per share. The IPO opens on Fri, Oct 3, 2025 and closes on Tue, Oct 7, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The WeWork India IPO opens on Fri, Oct 3, 2025 and closes on Tue, Oct 7, 2025
WeWork India IPO Price Band is ₹615 to 648.
WeWork India IPO lot size is 23, and the minimum amount required for application is ₹14904.
The minimum investment for WeWork India IPO is approximately ₹14904 based on the upper price band.
To apply for the WeWork India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Oct 7, 2025. After submission, funds are blocked until the basis of allotment of WeWork India IPO is finalised.
WeWork India IPO issue size is ₹3000 crores.
WeWork India IPO allotment date is Sat, Jun 27, 2026.
The registrar for WeWork India IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to WeWork India IPO through their official website or helpline.
The WeWork India IPO GMP (Grey Market Premium) is ₹5 as of Mon, Oct 6, 2025. Based on the upper price band of ₹648 per share, the estimated WeWork India IPO listing price is ₹653, indicating a potential listing gain of approximately 31% over the issue price.