WeWork India Set to Launch ₹3,000 Crore IPO on October 3

WeWork India will open its initial public offering (IPO) on October 3, 2025, with the issue size set at about ₹3,000 crore, as per the news reports. The subscription will close on October 7, while the anchor book will open for a day on October 1. As per the news reports, the shares are expected to list on the BSE and NSE on October 10, 2025.

Structure of the Offer

The IPO will be a complete Offer for Sale (OFS) of up to 4.63 crore equity shares. Promoter Embassy Buildcon LLP plans to sell around 3.5 crore shares worth ₹2,294 crore, and 1 Ariel Way Tenant Ltd., linked to WeWork Global, will sell about 1 crore shares worth ₹706 crore. 

The company itself will not receive funds from this issue.

Pricing and Allotment

The price band for the shares has been set at ₹615-648 per share. Bids can be placed for a minimum of 23 shares, requiring an investment of ₹14,904 per lot. The allotment of shares will be finalised on October 8, and shares will be credited to investors’ accounts by October 9, 2025.

Current Shareholding

At present, Embassy Group holds about 76.21% in WeWork India, while WeWork Global owns 23.45%. The IPO is intended to provide liquidity for these shareholders and create a listed market for the stock.

WeWork Business Operations

WeWork India was set up in 2017 under an exclusive licensing arrangement with the Embassy Group. The company has a presence in eight cities, including Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai. It manages 77 lakh sq ft of space, of which 70 lakh sq ft is operational, and offers over 1.14 lakh desks across 68 centres.

Its tenants include firms such as Amazon Web Services, JP Morgan Services, Deutsche Telekom, and Grant Thornton Bharat. The company employs more than 500 people across its operations.

Advisors and Competition

The IPO is being managed by JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM. Once listed, WeWork India will compete with other coworking operators such as Awfis, IndiQube, and Smartworks.

Read More: Upcoming IPOs This Week: 5 Mainboard and 16 SME IPO Set to Open Week!

Conclusion

WeWork India’s IPO will run from October 3 to October 7, 2025, with shares expected to make their market debut on October 10, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.