The basis of allotment for the WeWork India IPO will be finalised today, i.e., 8 October 2025. The bidding window was open from October 3, 2025, to October 7, 2025, during which the IPO received a total subscription of 1.15x.
The WeWork India IPO is a book-building issue of ₹ 3,000 crore, consisting entirely of an offer for sale of 4.63 crore shares. The price band is set between ₹615 and ₹648 per share.
JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited are the book-running lead managers. At the same time, Bigshare Services Pvt Ltd is the registrar for the WeWork India IPO.
[7-October-2025 19:00:00 hrs]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers (QIBs) |
1.79 |
Non-Institutional Investors |
0.23 |
Retail Individual Investors (RIIs) |
0.62 |
Employees |
1.87 |
Total |
1.15 |
As the IPO is entirely an OFS (offer for sale), the company will not receive any proceeds; instead, they will be directly allocated to the selling shareholders.
WeWork India began operations in 2017 and is a leading provider of premium flexible workspaces in India. According to CBRE, it has been the largest operator by revenue for the past three fiscal years. WeWork offers a range of workspace solutions, including Private Offices, Office Suites, Serviced Floors, Managed Offices, and membership options like WeWork All Access.
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