WeWork India Management IPO

WeWork India Management IPO is listed on BSE and NSE, priced at ₹615–₹648 per share. The stock debuted at ₹650 with a flat listing performance. The IPO had a lot size of ₹23 shares and a minimum investment of ₹14,904.

WeWork India Management Limited IPO

Mainboard Listed
₹14,904 (23 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 3, 2025 – Oct 7, 2025
Price band
₹615-648 per equity share
Minimum Investment
₹14,904
Issue size
₹3000 Cr
Lot size
23
Allotment Date
Oct 8, 2025
Listing
Oct 10, 2025
Listing At
BSE, NSE

IPO timeline

  1. Oct 3, 2025

    Open Date

    Completed

  2. Oct 7, 2025

    Close Date

    Completed

  3. Oct 8, 2025

    Allotment Date

    Completed

  4. Oct 10, 2025

    Listing Date

    Completed

Price Summary

Last closing
552.45 (-14.75%)
52 week high
664.00
52 week low
420.00
Last update

WeWork India Management IPO Subscription Details

View Subscription Details
QIB 1.79x
Retail 0.61x
NIIs 0.23x
bHNI 0.23x
sHNI 0.23x
Retail 0.61x
EMP 1.87x
Total 1.15x

WeWork India Management IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

WeWork India Management IPO Essentials

WeWork India Management IPO Details

WeWork India Management IPO is priced at ₹615-648 per share with a total issue size of 3000 crore. The IPO has a lot size of 23 shares and is listed on a BSE and NSE.

Issue price
₹615-648 per equity share
Lot size
23 shares
Face value
₹10 Per Equity Share
Issue size
Offer For Sale : 4,62,96,296 shares(aggregating up to ₹3000.00 Cr)
Total issue size
4,62,96,296 shares
(aggregating up to ₹3000 crore)
Offer for sale (OFS)
4,62,96,296 shares
(aggregating up to ₹3000 crore)
Listing at
BSE, NSE
List price
650.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager
JM Financial Ltd, ICICI Securities Ltd., Jefferies India, Kotak Mahindra Capital, 360 One WAM Ltd

Market Lot Size

Investors can bid for a minimum of 23 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 23 ₹14,904
Retail(max) 13 299 ₹1,93,752
sHNI(min) 14 322 ₹2,08,656
sHNI(max) 67 1,541 ₹9,98,568
sHNI(min) 68 1,564 ₹10,13,472

WeWork India Management IPO Documents

WeWork India Management IPO Reservation

WeWork India Management IPO reservation details show category-wise allocation of shares. Out of the total 4,62,96,296 shares, approximately 29.96% are reserved for QIB, 14.98% for NII, 9.99% for retail investors, 0.13% for employees, and 44.94% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 2,08,06,548 (44.94%)
QIB Shares Offered 1,38,71,031 (29.96%)
NII (HNI) Shares Offered 69,35,515 (14.98%)
bHNI > ₹10L 46,23,677 (10%) 14,359
sHNI < ₹10L 21,11,838 (5%) 7,180
Retail Shares Offered 46,23,677 (9.99%) 2,01,029
Employee Shares Offered 59,523 (0.13%)
Total Shares Offered 4,62,96,296 (100%)

WeWork India Management IPO Analytics

WeWork India Management IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

WeWork India Management IPO Subscription Status

WeWork India Management IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.15x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 1,38,71,031
69,35,516
46,23,677
23,11,839
46,23,677 2,54,89,748
Day 1 03-10-25 05:00 PM
0.02 x
0.02x
0.00x
0.04x
0.15 x 0.04 x
Day 2 06-10-25 05:00 PM
0.09 x
0.06x
0.05x
0.10x
0.37 x 0.13 x
Day 3 07-10-25 05:00 PM
1.79 x
0.23x
0.23x
0.23x
0.61 x 1.15 x
Total No. of Applications
bHNI sHNI Retail
87226 (Approx) 0.02x 0.16x 0.42x

WeWork India Management Valuations

Earnings

EPS Pre IPO
₹9.56/-
EPS Post IPO
₹9.56/-
P/E Pre IPO
67.75
P/E Post IPO
67.75

Returns

RoNW
63.80%

Fundamentals

Price / Book
41.62
Market Cap
8684.71 Cr.

Data sourced from DRHP / RHP • For educational purposes only

WeWork India Management Financials( In Crs.)

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

WeWork India Management Company & Offer Insights

About WeWork India Management

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)

Jitendra Mohandas Virwani, Karan Virwan, Embassy Buildcon LLP are the company's promoters of WeWork India Management.

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.

WeWork India Management IPO - Anchor Investors

WeWork India raises more than Rs 1,348 crore through anchor book before Rs 3,000-crore IPO.

Key investors such as Goldman Sachs, Ashoka Whiteoak, Amundi Funds, Allianz Global, Integrated Core Strategies, BNP Paribas Financial Markets, and Societe Generale took part in the anchor book.

Some local institutional investors such as ICICI Prudential Mutual Fund, HDFC AMC, WhiteOak Capital, 360 ONE, Motilal Oswal AMC, HDFC Life Insurance, Aditya Birla Sun Life AMC, Axis Mutual Fund, Invesco India, Mirae Asset, Tata Mutual Fund, Tata AIG General Insurance, SBI General Insurance, Nuvama, Edelweiss, Canara HSBC Life Insurance, Bank of India MF, Kotak Mahindra Life Insurance, and JM Financial also acquired substantial stake in the firm through anchor book.

WeWork India Management IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
WeWork India N/A N/A 63.8% 1949
Awfis Space N/A 59.38 14.7% 1207
Smartworks N/A N/A -58.7% 1374
IndiQube N/A N/A NA% 1059

WeWork India Management IPO - Strengths and Risks

WeWork India Management IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

WeWork India has strong brand awareness and leadership, recording the highest search volumes in the flexible workspace industry between October 2023 to December 2024.
It has a leadership position as India's largest revenue-generating premium flexible workspace operator for the past three fiscal years.
It is supported by the strength of Embassy Group, a leading Indian real estate builder with a history of over 30 years, and its strategic alignment with international operator WeWork.
The firm largely operates in Grade A buildings in best-in-class micro markets, capitalizing on robust multi-asset relationships with top developers.
It has one of the largest product and service offerings in India's flexible workspace sector, ranging from enterprise suites to managed offices, co-working spaces, and hybrid digital solutions.

Risks

Ongoing legal proceedings involving promoter and group entities may affect reputation and operations.
Adverse macroeconomic trends or landlord refusals to renew leases could hurt growth and stability.
Risks are due to potential invocation of lenders' rights over pledged equity shares of one of the promoters.
Company is vulnerable to the risk of non-receipt of proceeds from the Offer for Sale component during the IPO.
Future net losses, earnings per share decrease, and cash flow decreases might have a material effect on financial stability.

Contact Information

Contact Details

WeWork India Management

+91 8884564500

cswwi@wework.co.in

https://wework.co.in/

6th Floor, Prestige Central, 36, Infantry Road, Shivaji Nagar, Bengaluru, Karnataka - 560001

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

weworkindia.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

WeWork India Management IPO is a book-built IPO worth ₹3000 crore. The price band is ₹615–₹648 per share. The IPO opens on Oct 3, 2025 and closes on Oct 7, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.

The price band of WeWork India Management IPO is ₹615 to ₹648 per share.

The lot size of WeWork India Management IPO is 23 shares.

The minimum investment for WeWork India Management IPO is approximately ₹14,904 based on the upper price band .

WeWork India Management IPO opens on Oct 3, 2025 and closes on Oct 7, 2025.

The allotment date of WeWork India Management IPO is Oct 8, 2025.

WeWork India Management IPO is expected to be listed on Oct 10, 2025, on BSE and NSE .

WeWork India Management IPO listed on Oct 10, 2025. It was issued at ₹650.0(NSE) and is currently around ₹552.45 as on 30-Apr-2026 3:30 PM, which is approximately -14.7% versus issue price. The 52-week high is ₹664.00.

Based on listing and post-listing performance, WeWork India Management IPO delivered around -14.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy WeWork India Management IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

WeWork India Management IPO valuation snapshot: P/E 67.75, EPS ₹9.56/-, P/B 41.62, RoNW 63.80%, and market cap 8684.71 Cr.

To apply for WeWork India Management IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of WeWork India Management IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for WeWork India Management IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check WeWork India Management IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the WeWork India Management IPO allotment status on IPO Ji for quick and easy access.