WeWork India IPO is a book-built issue of ₹3,000 crore. The entire issue is an Offer for Sale, with 4,62,96,296 shares being sold, and the company will not receive any fresh capital from this IPO.
The WeWork India IPO will open for subscription on October 03, 2025, and close on October 07, 2025. The WeWork India IPO allotment is expected to be finalized on October 08, 2025, while the shares are scheduled to be listed on the BSE and NSE on October 10, 2025.
The price band for the WeWork India IPO is fixed at ₹615 to ₹648 per share. The minimum lot size is 23 shares, requiring a retail investor to invest at least ₹14,904 [based on the upper price band]. For sNII investors, the minimum application size is 14 lots [322 shares] worth ₹2,08,656, while for bNII investors, it is 68 lots [1,564 shares] worth ₹10,13,472.
WeWork India IPO Details
| Open Date | October 03, 2025 |
| Close Date | October 07, 2025 |
| Issue Type | Book Built Issue |
| Face Value | ₹10 Equity Share |
| Price Band | ₹615 – ₹648 Per Share |
| Listing On | BSE, NSE |
| EMP Discount | ₹60.00 |
| Issue Size | ₹3,000.00 Cr [4,62,96,296 Shares] |
| Offer For Sale | ₹3,000.00 Cr [4,62,96,296 Shares] |
| Prospectus | DRHP | RHP | Anchor Investor |
WeWork India IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 75.00 | 3,47,22,222 |
| NII | 15.00 | 69,44,444 |
| RII | 10.00 | 46,29,630 |
| Total | 100.00 | 4,62,96,296 |
WeWork India IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum | 1 | 23 | ₹14,904 |
| Retail Maximum | 13 | 299 | ₹1,93,752 |
| S-HNI Minimum | 14 | 322 | ₹2,08,656 |
| S-HNI Maximum | 67 | 1,541 | ₹9,98,568 |
| B- HNI Minimum | 68 | 1,564 | ₹10,13,472 |
Key Performance Indicator
| KPI | Value |
| Market Cap | ₹8,684.71 Cr |
| P/E Ratio | 67.75x |
| EPS | ₹9.56 |
| ROE | — |
| ROCE | — |
| RoNW | 63.80% |
| Dept/Equity | — |
| EBITDA Margin | 63.41% |
| PAT Margin | — |
| Price To Book Value | 41.62 |
WeWork India IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Awfis Space Solutions Limited | 59.38x | ₹9.75 | 14.78% | ₹64.71 |
| Smartworks Coworking Spaces Limited | — | -6.18 | -58.76 | ₹10.55 |
| IndiQube Spaces Limited | — | -7.65 | — | ₹-0.24 |
WeWork India IPO Dates
| Open Date | October 03, 2025 |
| Close Date | October 07, 2025 |
| Allotment Date | October 08, 2025 |
| Refund Date | October 09, 2025 |
| Share Credit Date | October 09, 2025 |
| Listing Date | October 10, 2025 |
WeWork India Management Company Financial Report
| Years | Assets | Income | Expenses | Net Worth | PAT | Borrow |
|---|---|---|---|---|---|---|
| March 2025 | ₹5,391.67 Cr. | ₹2,024.00 Cr. | ₹,2,132.89 Cr. | ₹199.70 Cr. | ₹128.19 Cr. | ₹310.22 Cr. |
| March 2024 | ₹4,482.76 Cr. | ₹1,737.16 Cr. | ₹1,869.92 Cr. | ₹-437.45 Cr. | ₹-135.77 Cr. | ₹625.83 Cr. |
| March 2023 | ₹4,414.02 Cr. | ₹1,422.77 Cr. | ₹1,569.66 Cr. | ₹-292.11 Cr. | ₹-146.41 Cr. | ₹485.61 Cr. |
Company Promoters :
- Jitendra Mohandas Virwani
- Karan Virwan
- Embassy Buildcon LLP
| Holding Pre Issue | 73.56% | 13,40,23,259 Shares |
| Holding Post Issue | 48.07% | 13,40,23,259 Shares |
MainBoard IPO Lead Managers
- JM Financial Limited
- ICICI Securities Limited
- Jefferies India Private Limited
- Kotak Mahindra Capital Company Limited
WeWork India IPO Registrar
MUFG Intime India Private Limited (Formerly
Link Intime India Private Limited)
C-101, 1st Floor, 247 Park
Lal Bahadur Shashtri Marg, Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: weworkindia.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com
About The Company
WeWork India Management Limited, incorporated in 2016, has established itself as a leading provider of flexible workspace solutions in the country. The company caters to a diverse set of clients by offering an extensive portfolio that includes enterprise office suites, custom-designed buildings, managed offices, private offices, co-working spaces, and hybrid digital solutions.
As of June 30, 2025, WeWork India operated 68 centres across eight major cities, with a desk capacity of over 1.14 lakh. Bengaluru and Mumbai remain the largest contributors to the company’s membership revenues, reflecting the strong demand in these business hubs. The client base includes well-known enterprises such as Amazon Web Services India, JP Morgan Services, Discovery Communications India, Deutsche Telekom Digital Labs, CBA Services, and Grant Thornton Bharat LLP.
With a workforce of 583 employees, the company continues to scale its operations. Its competitive strengths lie in being a category-defining aspirational brand with global recognition, strong backing from the Embassy Group, and deep ties with WeWork Global. Additionally, its presence in Grade A properties across premium markets, along with its wide range of products and services, reinforces its leadership in India’s growing flexible workspace sector.
Object Of The Issue
- N/A
Company Address
WeWork India Management Limited
6thFloor, Prestige Central
36, Infantry Road
Shivaji Nagar
Bengaluru, Karnataka, 560001
Phone: +91 8884564500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
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