WeWork India Management Ltd IPO will be open for subscription from October 3 to October 7, 2025, with allotment likely on October 8 and a proposed listing on the BSE and NSE scheduled for October 10, 2025. The price band has been set between Rs 615 and Rs 648 per share. Retail investors can participate with a minimum lot size of 23 shares, requiring an investment of Rs 14,904 at the upper band.
For small non-institutional investors, the minimum application is 14 lots (322 shares) worth Rs 2,08,656, while big non-institutional investors need to apply for at least 68 lots (1,564 shares) amounting to Rs 10,13,472. JM Financial Ltd. is the lead manager to the issue, and MUFG Intime India Pvt. Ltd. will act as the registrar.
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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 October 3 to October 7, 2025, with allotment likely on October 8 and a proposed listing on the BSE and NSE scheduled for October 10, 2025.
WeWork India IPO Price Band
WeWork India IPO price band has been set between Rs 615 and Rs 648 per share. Retail investors can participate with a minimum lot size of 23 shares, requiring an investment of Rs 14,904 at the upper band.
WeWork India IPO Issue Size
WeWork India IPO issue size is of 4,62,96,296 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 on Wednesday, October 8, 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 10 October 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
IPO Open Date |
03 October 2025 |
Listing Date |
07 October 2025 |
Face Value |
Rs 10 per share |
Price Band |
Rs 615 to Rs 648 per share |
Lot Size |
23 Shares |
Total Issue Size |
4,62,96,296 shares (aggregating up to Rs 3,000.00 Cr) |
Offer For Sale | 4,62,96,296 shares (aggregating up to Rs 3,000.00 Cr) |
Issue Type |
Book Built Issue IPO |
Listing At |
BSE, NSE |
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
IPO Open Date |
03 October 2025 |
IPO Close Date |
07 October 2025 |
Basis of Allotment |
08 October 2025 |
Initiation of Refunds |
09 October 2025 |
Credit of Shares to Demat |
09 October 2025 |
Listing Date |
10 October 2025 |
Cut-off time for UPI mandate |
07 October 2025, 5 PM |
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
About WeWork India IPO lot size, retail investors can participate with a minimum lot size of 23 shares, requiring an investment of Rs 14,904 at the upper band. For small non-institutional investors, the minimum application is 14 lots (322 shares) worth Rs 2,08,656, while big non-institutional investors need to apply for at least 68 lots (1,564 shares) amounting to Rs 10,13,472. JM Financial Ltd. is the lead manager to the issue, and MUFG Intime India Pvt. Ltd. will act as the registrar.
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)
Period Ended |
30 Sep 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
3,393.41 |
2,752.82 |
1,825.17 |
1,026.13 |
Revenue |
837.94 |
1,376.45 |
1,031.49 |
713.78 |
Profit After Tax |
39.56 |
95.05 |
103.23 |
43.16 |
Net Worth |
1,502.67 |
1,337.68 |
627.83 |
212.34 |
Reserves and Surplus |
1,509.11 |
1,365.86 |
652.63 |
236.27 |
Total Borrowing |
373.68 |
387.79 |
356.18 |
290.18 |
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 Rs 3,000 crore book-built issue, entirely an offer for sale of 4.63 crore equity shares. The price band is Rs 615–648 per share, with a lot size of 23 shares. Retail investment starts at Rs 14,904.
2. When will the WeWork India IPO open and close?
The IPO will open on October 3, 2025, and close on October 7, 2025. The allotment is expected on October 8, 2025, and listing on October 10, 2025, on BSE and NSE.
3. What is WeWork India IPO GMP?
As of now, GMP quotations have not started. Updates will be available once the subscription begins.
4. What are the details of the WeWork India IPO reservation?
Of the total issue, 50% is reserved for QIBs, 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).
5. What are the details of the IPO Allotment Status?
Allotment is expected on October 8, 2025, with refunds and demat credit on October 9, 2025. Shares will list on October 10, 2025 on NSE and BSE. Investors can check allotment status on the registrar’s website using their PAN or application ID.
6. Who are the registrar and lead managers for the WeWork India IPO?
The registrar is MUFG Intime India Pvt. Ltd. Lead managers include JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM Ltd.
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.
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