WeWork India IPO
GMP, Subscription, Price, Dates & Financial Details
Miscellaneous
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…
Open Date
Fri, 03 Oct 2025
Close Date
Tue, 07 Oct 2025
Price Band
₹ 615 – 648
Lot Size
23
Issue Size
₹ 3,000.00 Cr
Minimum Investment
₹ 14,904 (23 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
WeWork India IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹3,000.00 Crore and an offer for sale (OFS) of 4.63 Crore equity shares aggregating to ₹3,000.00 Crore by the existing shareholders.
The WeWork India IPO remained open for subscription from October 03, 2025, to October 07, 2025. The basis of allotment was finalized on October 08, 2025, and the company's shares were listed on the NSE and BSE on October 10, 2025.
The company had fixed the price band at ₹615 to ₹648 per share, with a lot size of 23 shares. Retail investors were required to make a minimum investment of ₹14,904 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 59,523 equity shares for eligible employees, who received a discount of ₹60 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Jefferies India Private Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, WeWork India Management Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
WeWork India IPO Timeline (Tentative)
- IPO Open Date
- Fri, 03 Oct 25
- IPO Close Date
- Tue, 07 Oct 25
- Basis of Allotment
- Wed, 08 Oct 25
- Initiation of Refunds
- Thu, 09 Oct 25
- Credit of Shares to Demat
- Thu, 09 Oct 25
- Listing Date
- Fri, 10 Oct 25 — NSE & BSE
Open Date
03 October 2025
Close Date
07 October 2025
Basis Of Allotment
08 October 2025
Listing Date
10 October 2025
IPO Subscription
Check Live Subscription →The WeWork India IPO has received bids for 2,92,68,374 shares against 2,54,89,748 shares offered, resulting in an overall subscription of 1.15x. the NII category is subscribed 0.23x, Retail Investors 0.61x, Employees 1.87x, and QIBs 1.79x. Within the NII category, BNII is subscribed 0.23x, while SNII is subscribed 0.21x.
QIB
1.79x
NII
0.23x
BNII
0.23x
SNII
0.21x
RII
0.61x
EMP
1.87x
Total
1.15x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 46,23,677 shares, representing 18.14% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,38,71,033 shares (54.42%), while Non-Institutional Investors (NIIs) receive 69,35,515 shares (27.21%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 13,871,033 | 54.42% |
| Non-Institutional | 6,935,515 | 27.21% |
| BNII | 4,623,677 | 18.14% |
| SNII | 2,311,838 | 9.07% |
| Retail Investors | 4,623,677 | 18.14% |
| Employees | 59,523 | 0.23% |
| Total | 25,489,748 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
WeWork India Management Limited KPI Information
| Particular | KPI as of Mon |
|---|---|
| RoNW % | 63.8 |
Peers Comparison
| 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 |
About WeWork India Management Limited
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.
WeWork India IPO Promoters
- Jitendra Mohandas Virwani
- Karan Virwan
- Embassy Buildcon LLP
Promoters Holding
Holding Pre Issue
73.56%
Holding Post Issue
48.07%
WeWork India IPO Objective
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
WeWork India Management Limited Address / Contact Details
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
WeWork India IPO Lot Size
The WeWork India IPO has a lot size of 23 shares. Retail investors require a minimum investment of ₹14,904 by applying for 1 lot (23 shares). The maximum application allowed for the retail category is 13 lots (299 shares), requiring an investment of ₹1,93,752.
| 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 |
Issue Reservation
- QIB — 54.42%
- NII — 27.21%
- RII — 18.14%
- EMP — 0.23%
Book Running Lead Managers
- Jefferies India Private Limited
- ICICI Securities Limited
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- 360 ONE WAM Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the WeWork India IPO?
WeWork India IPO is a Book-building IPO with a total issue size of ₹3000 crore. The WeWork India IPO price band is ₹615 to 648 per share. The WeWork India IPO subscription opens on Fri, Oct 3, 2025, and closes on Tue, Oct 7, 2025. The WeWork India IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the WeWork India IPO.
When will the WeWork India IPO open for subscription?
The WeWork India IPO opens on Fri, Oct 3, 2025 and closes on Tue, Oct 7, 2025
What is WeWork India IPO Price Band?
WeWork India IPO Price Band is ₹615 to 648 per share.
What is WeWork India IPO Lot Size?
WeWork India IPO lot size is 23 shares, Retail investors need a minimum investment of ₹14904 based on the upper price band
What is the minimum investment for WeWork India IPO?
The minimum investment for WeWork India IPO is ₹14904, based on one lot of 23 shares at the upper price band of ₹648 per share.
How to apply for WeWork India IPO?
Investors can apply for the WeWork India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Oct 7, 2025. The application amount remains blocked until the WeWork India IPO allotment is finalized.
What is WeWork India IPO Issue Size?
WeWork India IPO issue size is ₹3000 crores.
What is the WeWork India IPO Allotment Date?
WeWork India IPO allotment date is Wed, Oct 8, 2025.
Who is the WeWork India IPO Registrar?
The registrar for WeWork India IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check WeWork India IPO allotment status, refund processing, and other IPO-related information.
What is the WeWork India IPO GMP?
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 0.77% over the issue price.
Who is the WeWork India IPO Lead Manager?
The book-running lead managers (BRLMs) for the WeWork India IPO are Jefferies India Private Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the WeWork India IPO Red Herring Prospectus (RHP).