WeWork India Management came to market through an IPO that opened on 3 October 2025 and closed on 7 October 2025, and the shares listed on 10 October 2025 on BSE, NSE. The price band was ₹615 to ₹648 per share and one lot was 23 shares, so the minimum application was ₹14,904. The issue size was ₹3000 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and JM Financial Ltd, ICICI Securities Ltd., Jefferies India, Kotak Mahindra Capital, 360 One WAM Ltd were the lead managers.
As of 7 October 2025.
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Incorporated on May 2016, WeWork India Management Limited is an operator of flexible workspace in India. The company offers a full range of flexible workspace options, including custom-designed buildings, floors and offices, enterprise office suites, managed offices customized to individual needs, private offices, co-working, and hybrid digital solutions.The company offers flexible, high-quality workspaces for members or clients.
The company's customer base comprises large organizations, small organizations, start-ups, and professionals.The firm mostly sublets Grade A office space from developers and runs them as adaptable workspaces. On June 30, 2024, 93% of its portfolio, which is 5.87 million square feet, consisted of Grade A developments, as reported by CBRE.
As of September 30, 2024, the firm had 94,440 desks in 59 Operational Centres spanning 6.48 million square feet.The clients of the company are Amazon Web ServicesIndia Private 227Limited, JP MorganServices India Private Limited, DiscoveryCommunications India, Deutsche TelekomDigital Labs Private Limited, CBA Services Private Limited and Grant Thornton Bharat LLP. As of September 30, 2024, the company has branches in Pune, Bangaluru, Mumbai, Chennai, Hyderabad, Noida, Gurgaon and Delhi.
As of September 30, 2024, the company had 523 permanent employees, including 15 from the subsidiaries.
As described in the offer document.
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WeWork India raises more than Rs 1,348 crore through anchor book before Rs 3,000-crore IPO. Key investors such as Goldman Sachs, Ashoka Whiteoak, Amundi Funds, Allianz Global, Integrated Core Strategies, BNP Paribas Financial Markets, and Societe Generale took part in the anchor book.
Some local institutional investors such as ICICI Prudential Mutual Fund, HDFC AMC, WhiteOak Capital, 360 ONE, Motilal Oswal AMC, HDFC Life Insurance, Aditya Birla Sun Life AMC, Axis Mutual Fund, Invesco India, Mirae Asset, Tata Mutual Fund, Tata AIG General Insurance, SBI General Insurance, Nuvama, Edelweiss, Canara HSBC Life Insurance, Bank of India MF, Kotak Mahindra Life Insurance, and JM Financial also acquired substantial stake in the firm through anchor book.
Jitendra Mohandas Virwani, Karan Virwan, Embassy Buildcon LLP. Promoter holding 73.56% before the issue and 48.07% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
WeWork India Management IPO was a ₹3,000 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹615–₹648 per share with a lot size of 23 shares (₹14,904). The IPO was open from October 3 to October 7, 2025 and was subscribed 1.15x. Shares listed on BSE and NSE on October 10, 2025 at ₹650, in line with the issue price of ₹648. MUFG Intime India Pvt. Ltd. is the registrar.
JM Financial Ltd and 4 other book running lead managers manage the issue.
The price band of WeWork India Management IPO is ₹615 to ₹648 per share.
The lot size of WeWork India Management IPO is 23 shares.
The minimum investment for WeWork India Management IPO is approximately ₹14,904 based on the upper price band.
The allotment date of WeWork India Management IPO is Oct 8, 2025.
WeWork India Management IPO listed on Oct 10, 2025. It was issued at ₹650.0(NSE) and is currently around ₹648.00 as on 2-Nov-2026 3:30 PM, which is approximately 0.0% versus issue price. The 52-week high is ₹794.50.
You can check WeWork India Management IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the WeWork India Management IPO allotment status on Rupix for quick and easy access.
₹615 to ₹648 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 23 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,904.
₹14,904, for one lot of 23 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 3 October 2025 and closed on 7 October 2025.
The basis of allotment was published on 8 October 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 10 October 2025 on BSE, NSE.
The issue size was ₹3000 crore. The offer for sale was 4,62,96,296 shares (aggregating up to ₹3000 crore).