WeWork India's IPO opened on October 3, 2025, with a size of approximately 3,000 crore rupees. It is entirely an Offer-for-Sale, and promoters Embassy Group and WeWork Global will sell their shares. The price band is 615-648 rupees per share. Shares are trading at a modest premium in the grey market. Listing will take place on October 10, and experts consider it ‘neutral’.
WeWork India IPO: The IPO of co-working space company WeWork India opened for bidding today, October 3, 2025. The issue is worth approximately 3,000 crore rupees and is entirely an Offer-for-Sale, wherein promoters Embassy Group and WeWork Global will sell their stakes. The price band has been fixed at 615-648 rupees per share. According to the Grey Market Premium, shares are indicating a gain of approximately 2.31% from their issue price. Allotment will be on October 8 and listing on October 10 on BSE and NSE. Analysts maintain a ‘neutral’ stance, noting some risks despite the company's b presence and expansion plans.
Raised 1,348 Crore Rupees from Anchor Investors
WeWork India raised 1,348 crore rupees from anchor investors before the IPO opened. This includes mutual funds, insurance companies, and global investors. Prominent mutual funds include ICICI Prudential, HDFC, Motilal Oswal, Aditya Birla Sun Life, Axis, and Canara Robeco MF. Insurance companies like Canara HSBC Life, SBI General Insurance, Kotak Mahindra Life Insurance, and Bajaj Allianz Life Insurance also invested. Global investors include Goldman Sachs Fund, Al Mehwar Commercial Investment LLC, and Allianz Global Investors.
IPO Size and Price Band
The total size of WeWork India's IPO is approximately 3,000 crore rupees. The company has set a price band of 615 rupees to 648 rupees per share for its shares.
IPO Date and Bidding
The IPO opened today, October 3, from 10 AM and will remain available for investors until 5 PM on October 7.
Offer-for-Sale (OFS)
This IPO entirely comprises an Offer-for-Sale. Under this, promoters and existing shareholders will sell a total of approximately 4.63 crore equity shares. Embassy Buildcon LLP and 1 Ariel Way Tenant Ltd will sell their stakes.
Through this IPO, the company aims to increase its visibility. Additionally, it will provide liquidity to existing shareholders and establish a public market for shares in India.
Company Introduction
WeWork India was established in 2017. The company operates in India under an exclusive license for the WeWork brand. The company's promoter is the Bengaluru-based Embassy Group.
Grey Market Premium
WeWork India's shares are currently trading at a modest premium in the grey market. According to Investrogen, the shares are 15 rupees above their issue price, indicating a potential gain of approximately 2.31 percent upon listing.
Allotment and Listing
The allotment of WeWork India's shares is expected on October 8. The estimated listing date is October 10. Shares will be listed on both major exchanges, BSE and NSE.
