Allotment

WeWork India Management Ltd. IPO is a book-built issue valued at ₹3,000.00 crores. The entire issue comprises an offer for sale of 4.63 crore equity shares, aggregating to ₹3,000.00 crores.
The WeWork India IPO opened for subscription on October 3, 2025, and closed on October 7, 2025. The allotment of shares was finalized on October 8, 2025, and the equity shares were listed on the BSE and NSE on October 10, 2025.
The IPO price is fixed at ₹648 per share, with a lot size of 23 shares. Retail investors are required to invest a minimum of ₹14,904 at the upper price band. For sNII investors, the minimum application is 14 lots (322 shares) amounting to ₹2,08,656, while bNII investors must apply for at least 68 lots (1,564 shares) worth ₹10,13,472.
The issue also includes a reservation of up to 59,523 equity shares for eligible employees, offered at a discount of ₹60 per share to the issue price.
JM Financial Ltd. is the book-running lead manager to the issue, and MUFG Intime India Pvt. Ltd. has been appointed as the registrar.
Investors are advised to refer to the WeWork India IPO RHP for complete and detailed information.
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| IPO Date | 10 Oct |
| IPO Listing Date | 10 Oct |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹648.00 |
| IPO Issue Size | 4,62,96,296 shares |
| IPO Sale Type | Offer For Sale |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 13,40,23,259 shares |
| IPO Open Date | 3 Oct |
| IPO Close Date | 7 Oct |
| IPO Allotment (Tentative) | 8 Oct |
| Refunds | 9 Oct |
| Credit to Demat Account | 9 Oct |
| IPO Listing Date | 10 Oct |
| Category | Offer |
|---|---|
| QIB Shares Offered | 3,46,77,581 (74.90%) |
| NII (HNI) Shares Offered | 69,35,515 (14.98%) |
| Retail Shares Offered | 46,23,677 (9.99%) |
Investors can bid for a minimum of 23 shares, with additional shares in multiples of 23.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,904 |
| Retail (Max) | 13 | 299 | ₹1,93,752 |
| S-HNI (Min) | 14 | 322 | ₹2,08,656 |
| S-HNI (Max) | 67 | 1,541 | ₹9,98,568 |
| B-HNI (Min) | 68 | 1,564 | ₹10,13,472 |
Incorporated in 2016, WeWork India Management Limited is a leading flexible workspace operator in India, offering modern and scalable office solutions to businesses of all sizes.
The company delivers a wide range of flexible workspace offerings, including custom-built buildings, entire floors and offices, enterprise office suites, managed and private offices, co-working spaces, and hybrid digital workspace solutions tailored to evolving business needs.
WeWork India focuses on providing high-quality, flexible work environments for its members, which include large enterprises, small and medium businesses, startups, and individual professionals.
As of June 30, 2025, the company operated 68 centres with a total desk capacity of 114,077 across eight major Indian cities. Bengaluru and Mumbai accounted for a significant share of the company’s net membership fees during the reported periods.
The company’s client base includes 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 June 30, 2025, WeWork India Management Limited employed 583 professionals.
Competitive Strengths
Category-defining and aspirational brand with strong global recognition
Leadership position in a rapidly expanding flexible workspace market
Backed by the Embassy Group, one of India’s leading real estate developers, and supported by a strategic relationship with WeWork Global
Presence in Grade A commercial properties across prime micro-markets, supported by strong developer partnerships
Comprehensive and diverse portfolio of workspace products and services
| Assets | 5,391.67 | 4,482.76 | 4,414.02 |
| Total Income | 2,024.00 | 1,737.16 | 1,422.77 |
| Profit After Tax | 128.19 | -135.77 | -146.81 |
| EBITDA | 1,235.95 | 1,043.79 | 795.61 |
| NET Worth | 199.70 | -437.45 | -292.11 |
| Reserves and Surplus | 65.68 | -634.75 | -346.92 |
| Total Borrowing | 310.22 | 625.83 | 485.61 |
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | 63.80% |
| PAT Margin | - |
| EBITDA Margin | 63.41% |
| Price to Book Value | 41.62 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
WeWork India Management Limited
6th Floor, Prestige Central
36, Infantry Road, Shivaji Nagar
Bengaluru, Karnataka – 560001
Phone: +91 8884564500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
weworkindia.ipo@linkintime.co.in
https://linkintime.co.in/Initial_Offer/public-issues.html
The IPO is a book-built issue worth ₹3,000 crore, comprising only an offer for sale, enabling existing shareholders to liquidate their stake.
The IPO opened on October 3, 2025, and closed on October 7, 2025. Allotment was finalized on October 8, 2025, and listing occurred on October 10, 2025.
The issue price was fixed at ₹648 per share. The lot size is 23 shares, requiring a minimum retail investment of ₹14,904 at the upper price band.
Retail investors could apply for 1–13 lots. Small HNIs needed 14 lots (322 shares), and big HNIs applied for at least 68 lots (1,564 shares).
JM Financial Ltd. served as the book-running lead manager, and MUFG Intime India Pvt. Ltd. was appointed as the registrar for the IPO.
For FY2025, WeWork India reported revenue of ₹2,024 crore and PAT of ₹128.19 crore, a 17% revenue increase and 194% rise in profit from FY2024.
The company is a leading flexible workspace operator with 68 centres across 8 cities, premium client base, Embassy Group backing, strong brand recognition, and scalable office solutions.