WeWork India IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Oct 03 to Oct 07 2025
Price Band
₹615 - 648
Current GMP
₹650.0 (+0.31%)
Subscription
1.15 times
IPO Details
| 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 |
| 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 |
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
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
IPO Subscription Details
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 1.79 |
| Non-Institutional Buyers | 0.23 |
| bNII (bids above ₹10L) | 0.23 |
| sNII (bids below ₹10L) | 0.21 |
| Retail Investors | 0.62 |
| Employees | 1.87 |
| Total ** | 1.15 |
Anchor Investors
1
QIB (Ex Anchor)
1.79
Non-Institutional Buyers
0.23
bNII (bids above ₹10L)
0.23
sNII (bids below ₹10L)
0.21
Retail Investors
0.62
Employees
1.87
Total **
1.15
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Day 1 Oct 3, 2025 | 0.02 | 0.02 | 0.00 | 0.04 | 0.15 | 0.90 | 0.04 |
| Day 2 Oct 6, 2025 | 0.09 | 0.06 | 0.05 | 0.09 | 0.38 | 1.44 | 0.14 |
| Day 3 Oct 7, 2025 | 1.79 | 0.23 | 0.23 | 0.21 | 0.62 | 1.87 | 1.15 |
DayDay 1
Oct 3, 2025
QIB (Ex Anchor)0.02
NII0.02
NII (> ₹10L)0.00
NII (< ₹10L)0.04
Retail0.15
EMP0.90
Total0.04
DayDay 2
Oct 6, 2025
QIB (Ex Anchor)0.09
NII0.06
NII (> ₹10L)0.05
NII (< ₹10L)0.09
Retail0.38
EMP1.44
Total0.14
DayDay 3
Oct 7, 2025
QIB (Ex Anchor)1.79
NII0.23
NII (> ₹10L)0.23
NII (< ₹10L)0.21
Retail0.62
EMP1.87
Total1.15
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 10-10-2025 | 648.00 | 0(0.00%) | 648 |
| 09-10-2025 | 648.00 | 0(0.00%) | 648 |
| 08-10-2025 | 648.00 | 0(0.00%) | 648 |
| 07-10-2025 | 648.00 | 0(0.00%) | 648 |
| 06-10-2025 | 648.00 | 0(0.00%) | 648 |
| 05-10-2025 | 648.00 | 5(0.77%) | 653 |
| 04-10-2025 | 648.00 | 5(0.77%) | 653 |
| 03-10-2025 | 648.00 | 5(0.77%) | 653 |
| 02-10-2025 | 648.00 | 15(2.31%) | 663 |
| 01-10-2025 | 648.00 | 15(2.31%) | 663 |
Date10-10-2025
Price648.00
GMP0(0.00%)
Estimate List Price648
Date09-10-2025
Price648.00
GMP0(0.00%)
Estimate List Price648
Date08-10-2025
Price648.00
GMP0(0.00%)
Estimate List Price648
Date07-10-2025
Price648.00
GMP0(0.00%)
Estimate List Price648
Date06-10-2025
Price648.00
GMP0(0.00%)
Estimate List Price648
Date05-10-2025
Price648.00
GMP5(0.77%)
Estimate List Price653
Date04-10-2025
Price648.00
GMP5(0.77%)
Estimate List Price653
Date03-10-2025
Price648.00
GMP5(0.77%)
Estimate List Price653
Date02-10-2025
Price648.00
GMP15(2.31%)
Estimate List Price663
Date01-10-2025
Price648.00
GMP15(2.31%)
Estimate List Price663
IPO Important Dates
| 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 |
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
IPO Lot Size
| 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 |
ApplicationRetail (Min)
Lots1
Shares23
Amount₹14,904
ApplicationRetail (Max)
Lots13
Shares299
Amount₹1,93,752
ApplicationS-HNI (Min)
Lots14
Shares322
Amount₹2,08,656
ApplicationS-HNI (Max)
Lots67
Shares1,541
Amount₹9,98,568
ApplicationB-HNI (Min)
Lots68
Shares1,564
Amount₹10,13,472
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 20255,391.67
31 Mar 20244,482.76
31 Mar 20234,414.02
Period EndedTotal Income
31 Mar 20252,024.00
31 Mar 20241,737.16
31 Mar 20231,422.77
Period EndedProfit After Tax
31 Mar 2025128.19
31 Mar 2024-135.77
31 Mar 2023-146.81
Period EndedEBITDA
31 Mar 20251,235.95
31 Mar 20241,043.79
31 Mar 2023795.61
Period EndedNET Worth
31 Mar 2025199.70
31 Mar 2024-437.45
31 Mar 2023-292.11
Period EndedReserves and Surplus
31 Mar 202565.68
31 Mar 2024-634.75
31 Mar 2023-346.92
Period EndedTotal Borrowing
31 Mar 2025310.22
31 Mar 2024625.83
31 Mar 2023485.61
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) |
|---|---|---|---|---|---|
| Our Company | 9.93 | 9.87 | 15.57 | 63.80 | |
| Awfis Space Solutions | 9.75 | 9.67 | 64.71 | 59.38 | 14.78 |
| Smartworks Coworking Spaces | -6.18 | -6.18 | 10.55 | -58.76 | |
| IndiQube Spaces | -7.65 | -7.65 | -0.24 |
Company NameOur Company
EPS (Basic)9.93
EPS (Diluted)9.87
NAV (per share) (Rs)15.57
P/E (x)
RoNW (%)63.80
Company NameAwfis Space Solutions
EPS (Basic)9.75
EPS (Diluted)9.67
NAV (per share) (Rs)64.71
P/E (x)59.38
RoNW (%)14.78
Company NameSmartworks Coworking Spaces
EPS (Basic)-6.18
EPS (Diluted)-6.18
NAV (per share) (Rs)10.55
P/E (x)
RoNW (%)-58.76
Company NameIndiQube Spaces
EPS (Basic)-7.65
EPS (Diluted)-7.65
NAV (per share) (Rs)-0.24
P/E (x)
RoNW (%)
IPO Reservation
| 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 | 59,524 (0.13%) | NA |
| Total Shares Offered | 4,62,96,297 (100.00%) |
Investor CategoryQIB Shares Offered
Shares Offered3,46,77,581 (74.90%)
Maximum AllotteesNA
Investor Category− Anchor Investor Shares Offered
Shares Offered2,08,06,548 (44.94%)
Maximum AllotteesNA
Investor Category− QIB (Ex. Anchor) Shares Offered
Shares Offered1,38,71,033 (29.96%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered69,35,515 (14.98%)
Maximum AllotteesNA
Investor Category− bNII > ₹10L
Shares Offered46,23,677 (9.99%)
Maximum Allottees14,359
Investor Category− sNII < ₹10L
Shares Offered23,11,838 (4.99%)
Maximum Allottees7,179
Investor CategoryRetail Shares Offered
Shares Offered46,23,677 (9.99%)
Maximum Allottees2,01,029
Investor CategoryEmployee Shares Offered
Shares Offered59,524 (0.13%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered4,62,96,297 (100.00%)
Maximum Allottees
Information about company
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
Category-defining, aspirational brand, with strong international branding.
Leadership in a rapidly growing market.
Backed by the Embassy Group, one of India’s top developers, and relationship with WeWork Global, a global flexible workspaces operator.
Presence in Grade A properties in top-tier micro markets and strong relationships with top developers.
Extensive range of products and services in the industry.
Objectives of IPO
Coming Soon
Disclaimer
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