WeWork India IPO Details
WeWork India Management Limited IPO is a Book Built Issue of 4.63 crore shares, amounting to an Offer for Sale of Rs. 2999.99 crores. The IPO opens on October 3, 2025, and closes on October 7, 2025. The basis of allotment is expected on October 8, 2025, and the shares are proposed to list on both BSE and NSE on October 10, 2025.
The price band has been fixed at Rs.615 to Rs.648, per share. the lot size is of 23 shares.
JM Financial Limited is the Book Running Lead Manager, and MUFG Intime India Pvt. Ltd. is the Registrar to the Issue.
🕗 Last Update: 10 October 2025, 6.00 AM
IPO Key Dates
| Anchor portion | |
| IPO opens on | 3 Oct. 2025 |
| IPO Closes on | 7 Oct 2025 |
| IPO Allotment on | 8 Oct 2025 |
| Unblocking of Asba | 9 Oct 2025 |
| Credit of Shares | 9 Oct 2025 |
| Listing of Shares | 10 Oct 2025 |
Final Subscription Tally
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 1.79 | 0.23 | 0.21 | 0.23 | 1.25 | 1.15 |
| Applications: 86,212 | |||||
| Subscription Review: Absence of GMP has affected subscription trend for this strong fundamental company. |
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The promoters
The company’s promoters are Jitendra Mohandas Virwani, Karan Virwan, and Embassy Buildcon LLP.
The promoters hold 73.82 % shares in the post IPO capital of the company.
Objects of IPO
This is an offer for sale of shares and the Company will not receive any proceeds from the Offer.
Business :
IPO Details
| Opens On | 3 October 2025 |
| Closes on | 7October 2025 |
| Face Value | Rs.10 |
| Issue Price Band | Rs.615-648 |
| Lot Size | 23 Shares |
| Sale Type | Offer for sale |
| Total Issue Size | 462,96,296 shares |
| Total Issue Size | Rs.2999.99 Cr |
| Employee Discount | Rs. 60 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How can the shares be applied?
| Application | Lot | Shares | Amount |
| Retail-Min | 1 | 23 | 14,904 |
| Retail-Max | 13 | 299 | 193,752 |
| S-HNI-Min | 14 | 322 | 208,656 |
| S-HNI-Max | 67 | 1541 | 998,568 |
| B-HNI-Min | 68 | 1564 | 10,13,472 |
How to check Allotment Status
Allotment of this IPO will be announced on 8 October 2025 and the link to check allotment is given below:
ttps://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company WeWork India Management Ltd. 6thFloor, Prestige Central 36, Infantry Road Shivaji Nagar Bengaluru, Karnataka, 560001 Email: cswwi@wework.co.in |
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| The Lead Managers JM Financial Ltd. ICICI Securities Ltd. Jefferies India Pvt.Ltd. Kotak Mahindra Capital Co.Ltd. 360 One WAM Ltd. |
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| Registrar to IPO | |
| Mufg India Intime Pvt ltd |
Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| 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 | 199.7 | -437.45 | -292.11 |
| Reserves and Surplus | 65.68 | -634.75 | -346.92 |
| Total Borrowing | 310.22 | 625.83 | 485.61 |
| Amount in Rs. Crore | |||
Key Performance Indicators
| KPI | Values |
| RoNW | 63.80% |
| EBITDA Margin | 63.41% |
| EPS | 9.56 |
| PER |
Peer Comparison
| Company Name | P/E (x) | RoNW (%) |
| WeWork India | 67.78 | 63.8 |
| Awfis Space Solutions | 59.38 | 14.78 |
| Smartworks Coworking Spaces | -58.76 | |
| IndiQube Spaces |
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Will update our review soon
WeWork India Management IPO dates
WeWork India Management IPO price & Lot
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