WeWork India Management, a leading flexible workspace provider, has launched its ₹3,000 crore Initial Public Offering (IPO) consisting entirely of an offer-for-sale (OFS) of 4.63 crore equity shares by existing shareholders. The IPO opened for subscription on October 3, 2025, with a price band set between ₹615 and ₹648 per share. The subscription window is closed on October 7, 2025, and the shares are scheduled to be listed on both the BSE and NSE on October 10, 2025.
WeWork IPO Day 3 Subscription Status
Work IPO concluded on Day 3 with a modest overall subscription of 1.15 times. Employees led the demand with 1.87 times subscription, followed by Qualified Institutional Buyers (QIBs) at 1.79 times. Retail Individual Investors (RII) showed moderate interest with 0.62 times subscription. The Non-Institutional Investors (NII) portion was subscribed 0.23 times, split between sNII (less than ₹10 lakh) at 0.21 times and bNII (above ₹10 lakh) at 0.23 times.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.79 |
| Non-Institutional Investors (NII) | 0.23 |
| bNII (above ₹10 lakh) | 0.23 |
| sNII (less than ₹10 lakh) | 0.21 |
| Retail Individual Investors (RII) | 0.62 |
| Employees | 1.87 |
| Total Subscriptions | 1.15 |
Total Applications: 86,212
Total Bid Amount (₹ Crores): 1,900
How to Check WeWork IPO Allotment Status
WeWork IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)
The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.
How to do:
- Visit MUFG Intime’s official website
- Select “WeWork” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “WeWork” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the WeWork IPO
WeWork plans to utilize the net proceeds from the fresh issue for the following purposes:
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| The company will not receive any funds from the IPO; all proceeds will go to the selling shareholders. | – |
WeWork IPO GMP – Day 3 Update
The grey market premium (GMP) of WeWork IPO is ₹0, as on 5:00 PM October 07, 2025. The upper limit of the price band is ₹648 and the estimated listing price as per today’s GMP can be ₹0, giving a potential gain of around 0% per share.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 07-10-2025 (DAY 3) | ₹0 | ₹648 | 0% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
WeWork IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | October 03, 2025 |
| IPO Closing Date | October 07, 2025 |
| Issue Price Band | ₹615 to ₹648 per share |
| Total Issue Size | 4,62,96,296 shares(aggregating up to ₹3,000 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | MUFG Intime India Pvt. Ltd. |
| WeWork IPO RHP | Click Here |
Important Dates for WeWork IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | October 08, 2025 |
| Refunds Initiation | October 09, 2025 |
| Credit of Shares to Demat | October 09, 2025 |
| Listing Date | October 10, 2025 |
WeWork Overview
Launched in 2017, WeWork India Management is a leading premium flexible workspace operator and the exclusive licensee of the WeWork brand in India. According to the CBRE Report, it has been the largest operator by revenue over the past three fiscal years and has significantly contributed to the growth and evolution of India’s flexible workspace sector. The company operates 68 centers across key Tier 1 cities, including Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, with a total leasable area of 7.67 million sq. ft. and 114,077 desks. It offers a comprehensive range of products and digital solutions, such as Private Offices, Managed Offices, WeWork All Access, Virtual Office, and WeWork Workplace, catering to enterprises, startups, SMEs, and individuals. Backed by Embassy Group and partnered with WeWork Global, it provides high-quality, fully-serviced, technologically integrated workspaces. Revenue from operations grew 17–27% annually, with strong EBITDA margins and long-term marquee clients, reflecting robust market leadership and member satisfaction.
Frequently Asked Questions (FAQs)
What is the opening and closing date of the WeWork IPO?
WeWork IPO is open on 03 October 2025 and will close on 07 October 2025.
What is the price band of the WeWork IPO?
Its price band is fixed from ₹615 to ₹648 per share.
What is the GMP (Grey Market Premium) of WeWork IPO today?
The GMP on 07 October 2025 is ₹0, which leads to a possible listing price of ₹648.
What is the total issue size of WeWork IPO?
The total issue size of the WeWork IPO is ₹3,000 crore, comprising an offer for sale (OFS) of ₹3,000 crore.
What is the expected listing date of WeWork?
This IPO is expected to be listed on BSE and NSE on 10 October 2025.
