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The basis of allotment for the WeWork India IPO will be finalised today, i.e., 8 October 2025. The bidding window was open from October 3, 2025, to October 7, 2025, during which the IPO received a total subscription of 1.15x.
The WeWork India IPO is a book-building issue of ? 3,000 crore, consisting entirely of an offer for sale of 4.63 crore shares. The price band is set between ?615 and ?648 per share.
JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited are the book-running lead managers. At the same time, Bigshare Services Pvt Ltd is the registrar for the WeWork India IPO.
[7-October-2025 19:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.79 |
|
Non-Institutional Investors |
0.23 |
|
Retail Individual Investors (RIIs) |
0.62 |
|
Employees |
1.87 |
|
Total |
1.15 |
As the IPO is entirely an OFS (offer for sale), the company will not receive any proceeds; instead, they will be directly allocated to the selling shareholders.
WeWork India began operations in 2017 and is a leading provider of premium flexible workspaces in India. According to CBRE, it has been the largest operator by revenue for the past three fiscal years. WeWork offers a range of workspace solutions, including Private Offices, Office Suites, Serviced Floors, Managed Offices, and membership options like WeWork All Access.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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