WeWork India Management Limited has announced the launch of its initial public offering (IPO), which is scheduled to open for subscription on Friday, October 03, 2025, and close on Tuesday, October 07, 2025. The flexible workspace provider has fixed a price band of ₹615 to ₹648 per equity share for the public issue. The IPO will be open for anchor investors for a single day on Wednesday, October 01, 2025.
The public offering is entirely an Offer for Sale (OFS) of up to 46,296,296 equity shares, each with a face value of ₹10. The selling shareholders include Embassy Buildcon LLP, which will offload up to 35,402,790 equity shares, and 1 Ariel Way Tenant Limited, which will sell up to 10,893,506 equity shares. Bids can be made for a minimum of 23 equity shares and in multiples of 23 shares thereafter.
The offer is structured with a significant portion reserved for institutional buyers. At least 75% of the net offer is allocated to Qualified Institutional Buyers (QIBs), with one-third of this portion reserved for anchor investors. Retail Individual Investors (RIIs) have been allocated not more than 10% of the net offer. The remaining portion, not more than 15%, is reserved for Non-Institutional Investors (NIIs). A portion of the shares is also reserved for eligible employees.
The company’s equity shares are proposed to be listed on both the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). The Book Running Lead Managers for the IPO are JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited, who will manage the issue.
