Bookbuilding IPO | ₹3,000 Cr | Listed at BSE, NSE | Fri, Oct 3, 2025 - Tue, Oct 7, 2025
WeWork India 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 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 Open
Fri, Oct 3, 2025
IPO Close
Tue, Oct 7, 2025
Issue Price
₹648 per share
Market Cap (Pre-IPO)
₹8,684.71 Cr
| IPO Date | 3 to 7 Oct, 2025 |
| Listed on | Fri, Oct 10, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹615 to ₹648 |
| Issue Price | ₹648 per share |
| Lot Size | 23 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹60.00 |
| Total Issue Size | 4,62,96,296 shares (agg. up to ₹3,000 Cr) |
| Offer for Sale | 4,62,96,296 shares of ₹10 (agg. up to ₹3,000 Cr) |
| Share Holding Pre Issue | 13,40,23,259 shares |
| Share Holding Post Issue | 13,40,23,259 shares |
| BSE Script Code / NSE Symbol | 544570 / WEWORK |
| ISIN | INE085001019 |
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 | Max 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%) |
Investors can bid for a minimum of 23 shares and in multiples thereof.
| 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 |
WeWork India IPO raises ₹1,348.26 crore from anchor investors. WeWork India IPO Anchor bid date is October 1, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Oct 1, 2025 |
| Shares Offered | 2,08,06,548 |
| Anchor Portion (₹ Cr.) | 1,348.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Nov 6, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Jan 5, 2026 |
| 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 |
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 | Mar 31, 2025 |
|---|---|
| RoNW | 63.80% |
| EBITDA Margin | 63.41% |
| Price to Book Value | 41.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.56 | 9.56 |
| P/E (x) | 67.75 | 67.75 |
| Promoter Holding | 73.56% | 48.07% |
| Market Cap | ₹8,684.71 Cr. |
The WeWork India IPO is subscribed 1.15 times on October 7, 2025 5:04:41 PM (Day 3). The public issue subscribed 0.62 times in the retail category, 1.79 times in the QIB category, and 0.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 1.79 | 1,38,71,031 | 2,47,66,584 |
| NII | 0.23 | 69,35,516 | 15,68,117 |
| bNII (bids above ₹10L) | 0.23 | 46,23,677 | 10,76,446 |
| sNII (bids below ₹10L) | 0.21 | 23,11,839 | 4,91,671 |
| Retail | 0.62 | 46,23,677 | 28,75,161 |
| Employee | 1.87 | 59,524 | 1,11,481 |
| Total | 1.15 | 2,54,89,748 | 2,93,21,343 |
Total Application : 86,212
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission) | 69.33 |
| 2 | Brokerage, selling commission, bidding charges, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, SCSBs, RTAs and CDPs | 2.07 |
| 3 | Fees payable to the Registrar to the Offer | 1.02 |
| 4 | Listing fees, SEBI filing fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 7.15 |
| 5 | Printing and stationery expenses | 1.09 |
| 6 | Fees payable to the legal counsel | 12.48 |
| 7 | Advertising and marketing expenses for the Offer | 9.44 |
| 8 | Fees payable to other parties to the Offer including but not limited to the Statutory Auditors, independent chartered accountants and industry report provider | 11.01 |
| 9 | Miscellaneous expenses | 2.58 |
| 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 |
Lead Manager Reports
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 Crores. The issue is priced at ₹648 per share. The minimum order quantity is 23.
The IPO opens on Fri, Oct 3, 2025, and closes on Tue, Oct 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 Fri, Oct 3, 2025 and closes on Tue, Oct 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 Thu, Oct 9, 2025. Check the WeWork India IPO allotment status.
The WeWork India IPO listing date is on Fri, Oct 10, 2025.
