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WeWork India Management Ltd. IPO is a book build issue of ₹3,000.00 crores. The issue is entirely an offer for sale of 4.63 crore shares of ₹3,000.00 crore.
WeWork India IPO bidding started from Oct 3, 2025 and ended on Oct 7, 2025. The allotment for WeWork India IPO was finalized on Oct 8, 2025. The shares got listed on BSE, NSE on Oct 10, 2025.
WeWork India IPO price band is set at ₹648.00 per share . The lot size for an application is 23. The minimum amount of investment required by an retail is ₹14,904 (23 shares) (based on upper price). The lot size investment for sNII is 14 lots (322 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (1,564 shares), amounting to ₹10,13,472.
The issue includes a reservation of up to 59,523 shares for employees offered at a discount of ₹60.00 to the issue price.
JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to WeWork India IPO RHP for detailed Information.
| IPO Date | October 3, 2025 to October 7, 2025 |
| Listing Date | October 10, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹615 to ₹648 per share |
| Issue Price Final | ₹648 per share |
| Lot Size | 23 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 4,62,96,296 shares (aggregating up to ₹3,000.00 Cr) |
| Employee Discount | ₹60.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 13,40,23,259 shares |
| Share Holding Post Issue | 13,40,23,259 shares |
WeWork India IPO offers total 4,62,96,296 shares. Out of which 3,46,77,581 (74.90%) allocated to QIB, 1,38,71,033 (29.96%) allocated to QIB (Ex- Anchor), 69,35,515 (14.98%) allocated to NII 46,23,677 (9.99%) allocated to RII and 2,08,06,548 (44.94%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 3,46,77,581 (74.90%) | NA |
| − Anchor Investor Shares Offered | 2,08,06,548 (44.94%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,38,71,033 (29.96%) | NA |
| NII (HNI) Shares Offered | 69,35,515 (14.98%) | NA |
| − bNII > ₹10L | 46,23,677 (9.99%) | 14,359 |
| − sNII < ₹10L | 23,11,838 (4.99%) | 7,179 |
| Retail Shares Offered | 46,23,677 (9.99%) | 2,01,029 |
| Employee Shares Offered | 59,523 (0.13%) | NA |
| Total Shares Offered | 4,62,96,296 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 2 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
WeWork India IPO raises ₹1,348.26 crore from anchor investors. WeWork India IPO Anchor bid date is October 1, 2025. WeWork India IPO Anchor Investors list
| Bid Date | October 1, 2025 |
| Shares Offered | 2,08,06,548 |
| Anchor Portion Size (In Cr.) | 1,348.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 6, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 5, 2026 |
WeWork India IPO opens on October 3, 2025, and closes on October 7, 2025.
| IPO Open Date | Fri, Oct 3, 2025 |
| IPO Close Date | Tue, Oct 7, 2025 |
| Tentative Allotment | Wed, Oct 8, 2025 |
| Initiation of Refunds | Thu, Oct 9, 2025 |
| Credit of Shares to Demat | Thu, Oct 9, 2025 |
| Tentative Listing Date | Fri, Oct 10, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 7, 2025 |
Investors can bid for a minimum of 23 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) 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 |
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2016, WeWork India Management Limited is a flexible workspace operator in India.
The organisation provides a comprehensive array of flexible workspace solutions, encompassing custom-designed buildings, floors and offices, enterprise office suites, tailored managed offices, private offices, co-working spaces, and hybrid digital solutions.
The company provides flexible, high-quality workspaces for clients or members. The company's clientele includes large enterprises, small businesses, startups, and professionals.
As at June 30, 2025, we had 68 Operational Centres with 114,077 Desks Capacity in Operational Centres across eight cities in India, of which Bengaluru and Mumbai contributed a significant portion of our Net Membership Fees in these periods/years.
The company's clients include Amazon Web ServicesIndia Private 227 Limited, JP MorganServices India Private Limited, DiscoveryCommunications India, Deutsche TelekomDigital Labs Private Limited, CBA Services Private Limited and Grant Thornton Bharat LLP.
As of June 30, 2025, the company has 583 eployees.
Competitive Strength
WeWork India Management Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 194% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| 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 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| RoNW | 63.80% |
| EBITDA Margin | 63.41% |
| Price to Book Value | 41.62 |
| Market Capitalization | 8684.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.56 | 9.56 |
| P/E (x) | 67.75 | 67.75 |
[Dilip Davda] WIML is the only licensee for WeWork Global in India. It has posted robust growth in its top and bottom lines for the reported periods. It has already turned the corner for FY25 and mulls improving its financial performance going forward. Based on its recent financial data, the issue prima facie appears aggressively priced. It’s a pure long term story considering the current trends. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
| Listing Date | October 10, 2025 |
| BSE Script Code | 544570 |
| NSE Symbol | WEWORK |
| ISIN | INE085001019 |
| Final Issue Price | ₹648 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B (Rolling) |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹648.00 | ₹648.00 |
| Open | ₹646.50 | ₹650.00 |
| Low | ₹615.00 | ₹614.25 |
| High | ₹649.45 | ₹650.15 |
| Last Trade | ₹624.75 | ₹628.65 |
WeWork India Management Ltd.
6thFloor, Prestige Central
36, Infantry Road
Shivaji Nagar
Bengaluru, Karnataka, 560001
Phone: +91 8884564500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: weworkindia.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
WeWork India IPO is a main-board IPO of 4,62,96,296 equity shares of the face value of ₹10 aggregating up to ₹3,000.00 Crores. The issue is priced at ₹648 per share. The minimum order quantity is 23.
The IPO opens on October 3, 2025, and closes on October 7, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in WeWork India IPO using UPI as a payment gateway. Zerodha customers can apply in WeWork India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in WeWork India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The WeWork India IPO opens on October 3, 2025 and closes on October 7, 2025.
WeWork India IPO lot size is 23, and the minimum amount required for application is ₹14,904.
You can apply in WeWork India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for WeWork India IPO will be done on Wednesday, October 8, 2025, and the allotted shares will be credited to your demat account by Thursday, October 9, 2025. Check the WeWork India IPO allotment status.
The WeWork India IPO listing date is on Friday, October 10, 2025.
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