WeWork India's ₹3,000cr IPO opens October 3: Key details
WeWork India is gearing up for its IPO, offering shares at ₹615-648 each, aiming to raise up to ₹3,000 crore.
The offer opens October 3 and wraps up on October 7, with shares expected to hit the BSE and NSE on October 10.
What does WeWork India do?
Launched in 2017, WeWork India provides flexible workspaces across major cities like Bengaluru, Mumbai, Delhi, and more.
With a desk capacity of 1.03 lakh in spaces designed for startups to big enterprises, they offer co-working spots and office solutions.
Financials and key shareholders
This IPO is a pure Offer For Sale—meaning existing investors Embassy Buildcon LLP and Ariel Way Tenant Ltd are selling their shares; no new money is coming into the company.
Financially, things are looking up: revenue grew 19% year-on-year in Q1 FY26 to ₹535 crore while losses narrowed sharply.
In FY25 (2024-25), WeWork India posted a profit of ₹128 crore on nearly ₹1,950 crore revenue.
Embassy Group owns about 76% of the company; WeWork Global holds around 23%.