SEBI clears WeWork India's IPO papers
WeWork India just got the green light from SEBI to go public, aiming to raise up to ₹4,000 crore through an offer-for-sale.
Existing shareholders Embassy Buildcon and Ariel Way Tenant will be selling a total of 4.37 crore shares.
The company itself won't pocket any funds from this sale.
WeWork India has 68 centers across 8 cities
Launched in 2017, WeWork India is now the country's top premium flexible workspace provider by revenue.
With 68 centers across eight cities—including Mumbai, Bengaluru, and Gurgaon—and more than 100,000 desks, it's become a go-to spot for startups and anyone embracing hybrid work.
Who is handling the IPO?
WeWork India is run by CEO Karan Virwani and controlled by Embassy Group in Bengaluru.
Big names like JM Financial and ICICI Securities are managing the IPO process.
If all goes well with approvals and market conditions, you might see WeWork India debut on the stock market as early as September 2025.