WeWork India Management Limited IPO
MainboardOffer Date: Oct 3, 2025 - Oct 7, 2025
₹ 14904 /23 Shares
03 Oct, 2025
Open Date07 Oct, 2025
Close Date08 Oct, 2025
Allotment Date10 Oct, 2025
Listing DateIssue Price
₹615-648 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt.Ltd.Market Lot
23 Shares (₹14,904/-)Lead Manager
JM Financial LtdICICI Securities Ltd.
Jefferies India
Kotak Mahindra Capital
360 One WAM Ltd
Issue Size
OFS : 4,62,96,296 shares(aggregating up to ₹3000.00 Cr)Retail Portion
10% (Number of Retail Applications: 2,01,029 Approx),(Number of S-HNI Applications : 7,180 Approx),
(Number of B-HNI Applications : 14,359 Approx)
Subscription
N/A timesWeWork India Management IPO Details
WeWork India Management IPO is a book-built issue of ₹3000 crores, The total issue size is ₹3000 crores. The IPO of WeWork India Management is priced at ₹615-648 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Oct 3, 2025 and ends on Oct 7, 2025. The allotment for WeWork India Management IPO will be finalized on Oct 8, 2025. WeWork India Management IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 10, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Retail investors can bid for a minimum of 23 shares, extendable to 14,904. S-HNIs will be able to bid for 322 shares at ₹2,08,656, while B-HNIs can also apply for a bid of 1,564 shares at ₹10,13,472. The book-running lead manager for the IPO is/are JM Financial Ltd , ICICI Securities Ltd , Jefferies India , Kotak Mahindra Capital , 360 One WAM Ltd.
The total issue ₹3000 crore and having Offer for Sale (OFS) of 4,62,96,296 shares to mop up ₹3000 crore.
The WeWork India Management IPO sets its price band at 615-648 for each share. A single application for WeWork India Management Limited IPO must contain at least 23 shares. Sentiment investors need to invest a minimum of 23 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,904 In order to participate in the sNII, investors must purchase at least 14 lots of 322 shares for ₹2,08,656, while the bNII requires 68 lots of 1,564 shares for an investment of ₹10,13,472.
WeWork India Management Valuations
EPS Pre IPO
₹9.56/-EPS Post IPO
₹9.56/-P/E Pre IPO
67.75P/E Post IPO
67.75ROE
%ROCE
%Debt/Equity
RoNW
63.80%PAT Margin
Price to Book Value
WeWork India Management Company Financials All values are in ₹ Cr.
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 5391.67 | 4482.76 | 4414.02 |
| Revenue | 2024.00 | 1737.16 | 1422.77 |
| Profit After Tax | 128.19 | -135.77 | -146.81 |
| Net Worth | 199.70 | -437.45 | -292.11 |
| Reserves & Surplus | 65.68 | -634.75 | -346.92 |
| Total Borrowing | 310.22 | 625.83 | 485.61 |
About The Company
Incorporated on May 2016, WeWork India Management Limited is an operator of flexible workspace in India.
The company offers a full range of flexible workspace options, including custom-designed buildings, floors and offices, enterprise office suites, managed offices customized to individual needs, private offices, co-working, and hybrid digital solutions.The company offers flexible, high-quality workspaces for members or clients. The company's customer base comprises large organizations, small organizations, start-ups, and professionals.The firm mostly sublets Grade A office space from developers and runs them as adaptable workspaces. On June 30, 2024, 93% of its portfolio, which is 5.87 million square feet, consisted of Grade A developments, as reported by CBRE.
As of September 30, 2024, the firm had 94,440 desks in 59 Operational Centres spanning 6.48 million square feet.The clients of the company are Amazon Web ServicesIndia Private 227Limited, JP MorganServices India Private Limited, DiscoveryCommunications India, Deutsche TelekomDigital Labs Private Limited, CBA Services Private Limited and Grant Thornton Bharat LLP.
As of September 30, 2024, the company has branches in Pune, Bangaluru, Mumbai, Chennai, Hyderabad, Noida, Gurgaon and Delhi.
As of September 30, 2024, the company had 523 permanent employees, including 15 from the subsidiaries.
WeWork India Management - Promoter(s)
Pre Issue Share Holding: 73.56%
Post Issue Share Holding: 48.07%
- Jitendra Mohandas Virwani
- Karan Virwan
- Embassy Buildcon LLP
WeWork India Management IPO - Issue Objectives
- 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.
Other Details
WeWork India Management
6th Floor, Prestige Central, 36, Infantry Road, Shivaji Nagar, Bengaluru, Karnataka - 560001MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: weworkindia.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
WeWork India Management IPO - FAQs
Ans. WeWork India Management Limited IPO is a Mainboard IPO. The issue is priced at ₹615-648 per equity share. The minimum order quantity is 23 Shares. The IPO opens on Oct 3, 2025, and closes on Oct 7, 2025. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The WeWork India Management Limited IPO opens on Oct 3, 2025 and closes on Oct 7, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of WeWork India Management Limited IPO is OFS : 4,62,96,296 shares(aggregating up to ₹3000.00 Cr).
Ans. The IPO price band is set between ₹615-648 per equity share.
Ans. To apply for WeWork India Management Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find WeWork India Management Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of WeWork India Management Limited IPO is Oct 8, 2025.
Ans. The WeWork India Management Limited IPO will be listed on Oct 10, 2025.
Ans. Follow the steps to check the allotment status for WeWork India Management Limited IPO here.
