WeWork India IPO GMP, Open Date, Price Band, Issue Size 4.38 Cr Shares, DRHP Filed

WeWork India GMP quotation has not yet started. The price band of this will be available once the SEBI approves the DRHP filed by the company. The grey market premium quotation indicates the huge interest of retail investors. After the release of the IPO issue date, a reliable GMP quote will be available.

WeWork India IPO open date is expected in the first week of June 2025. This new IPO is a book-built issue offering up to 4.38 Crore equity shares. This upcoming IPO is offering entirely an offer for sale of 43,753,952 equity shares, and the full amount will go to the selling shareholders. The fresh issue component is zero.   

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WeWork India IPO GMP

WeWork India IPO GMP quotation has not yet started. You can check the latest GMP price online and reliable GMP from the first day of subscription. If the subscription gets oversubscribed, then WeWork India IPO GMP might rise in the coming days.

WeWork India IPO Open Date, Close Date

WeWork India IPO open date and close date is expected to be in the first week of June 2025. However, as of now, the open and close date has not yet been finalised.

WeWork India IPO Price Band

WeWork India IPO price band price band of will be available once the SEBI approves the DRHP filed by the company. The minimum amount of investment for the retail category is to be around Rs 14,850 and for small HNI minimum investment is to be around Rs 2,01,000. The minimum investment for the Big HNI is to be around Rs 10,01,000.

WeWork India IPO Issue Size

WeWork India IPO issue size is of 4.38 crore equity shares. The IPO is offering entirely an offer for sale and the full amount will go to the selling shareholders. This IPO fresh issue component will be zero.

WeWork India IPO Allotment Status

WeWork India IPO allotment status is expected to be available in the second week of June 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

WeWork India IPO Listing Date

WeWork India IPO's listing date is expected to be in the second week of June 2025. The Listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

 WeWork India IPO: Listing Date, Lot Size, Price Band

WeWork India Management IPO: About the Company

WeWork India Management Private Limited, established in 2016, is a leading provider of premium flexible workspace solutions in India. It is majority-owned and promoted by the Embassy Group, a well-known real estate developer in India. WeWork India offers a range of services, including private offices, shared workspaces, and event locations.

According to CBRE, WeWork India has been the largest operator in India by total revenue for the past 3 fiscal years. They are also recognised as a category-defining brand with a loyal customer base. WeWork India leases buildings from landlords and transforms them into modern, tech-enabled offices for its members.

WeWork India has expanded its presence across major Indian cities, including Bangalore, Mumbai, Gurgaon, Pune, Noida, Hyderabad, Delhi, and Chennai. As of September 31, 2024, they operate 50 centres across India. The company's registered office is located in Bengaluru, Karnataka.

WeWork India IPO Objectives

Ajax Engineering is offering entirely an offer for sale, which means the existing shareholders are offering their shares as an in-public issue; there will be no fresh issue by the company. The funds received from the public issue will be directly credited to the respective selling shareholders bank account.

WeWork India IPO: Key Dates, Allotment, Listing Date

WeWork India IPO Subscription Details, IPO Reservation

WeWork India IPO subscription details will be available after the IPO opens in the first week of June 2025. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.

WeWork India IPO Lot Size Details

WeWork India IPO IPO lot size will be available soon. For retail, the minimum lot size is 1 lot, amounting to be around Rs 14,850, and the maximum is 13 lots, amounting to be around Rs 1,90,000. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,01,000.

WeWork India IPO Promoter Holdings

WeWork India IPO promoters are Jitendra Mohandas Virwani, Karan Virwani And Embassy Buildcon Llp. The promoters' shareholdings before the IPO were 99.66%; however, after the IPO, shareholdings will decline.

WeWork India Management IPO: Company Financials (In Rs Cr)

WeWork India IPO Registrar

WeWork India IPO registrar is MUFG Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter their PAN number or application ID to know their allotment status.

WeWork India IPO Lead Managers

WeWork India IPO lead managers are JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited and 360 ONE WAM Limited.

How to apply WeWork India IPO

Interested investors can apply to the WeWork India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

WeWork India IPO FAQs

1. What are the details of the WeWork India IPO?

WeWork India IPO is a book-built issue of 43,753,952 equity shares. This upcoming IPO is entirely an offer for sale, and the full amount will go to the selling shareholders. The fresh issue will be zero.

2. When will the WeWork India IPO open and close?

WeWork India IPO open date and close date is expected to be in the first week of June 2025. However, as of now the open and close date is not yet finalised.

3. What is WeWork India IPO GMP?

The WeWork India IPO GMP quotation has not yet been started. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then WeWork India IPO GMP might rise in the coming days.

4. What are the details of the WeWork India IPO reservation?

WeWork India IPO subscription details will be available after the IPO opens in the first week of June 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status.

WeWork India IPO allotment status is expected to be available in the second week of June 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who are the registrar and lead managers for the WeWork India IPO?

WeWork India IPO registrar is MUFG Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers of WeWork India IPO are JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited and 360 ONE WAM Limited.