WEWORK INDIA MANAGEMENT LIMITED

03 Oct 2025 - 07 Oct 2025 Individual Category Main Board BSE NSE

Min Investment

₹14904

Price Band

₹615-₹648

Issue Size

462.96 lakhs
Equity Shares

Lot Size

23 (per lot)

IPO Dates
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03 Oct 2025

Open Date

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07 Oct 2025

Close Date

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08 Oct 2025

Allotment Date

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10 Oct 2025

Listing Date

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, ICICI Securities Ltd, Jefferies India Pvt.Ltd, Kotak Mahindra Capital Co Ltd and 360 One WAM Ltd are the lead managers to the issue, and MUFG Intime India Pvt. Ltd. will act as the registrar. 

Know Before Investing

Strengths icon

  • Pan-India presence with large-scale operations.
  • Diversified client base across industries.
  • Technology-driven flexible workspace solutions.

Weaknesses icon

  • Thin margins due to capital-intensive model.
  • Reputation risk linked to global WeWork brand.
  • Concentration in metro hubs with limited tier-2 presence.

About Wework India Management Limited

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.

Founded

2016

Managing Director

Karan Virwan

Parent Organization

-

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.

Company Promoters

Jitendra Mohandas Virwani

Karan Virwan

Embassy Buildcon LLP

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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