The Right to Disconnect Bill: Could This Change India’s Work-Life Culture for Good?
December 9, 2025
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- Sun, 14 December 2025
WeWork India has secured ₹1,348.3 crore from anchor investors ahead of its ₹3,000 crore IPO, allotting 2.08 crore equity shares at ₹648 each, at the top of the price band, to 67 institutional investors.
Notably, nearly half the shares (96.8 lakh) were picked up by 13 domestic mutual funds across 32 schemes, while major global names such as Goldman Sachs and Allianz Global Investors also joined the anchor roster, reflecting broad-based interest.
The upcoming public issue is structured entirely as an offer for sale, with no fresh equity being issued. Indian Startup News The lead promoter, Embassy Buildcon LLP, is offloading 3.54 crore shares, while Ariel Way Tenant Limited will sell 1.08 crore shares.
The IPO, managed by JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM, opens for subscription on October 3 and closes on October 7, with a price band of ₹615–648 per share.
WeWork India, once an arm of New York-based WeWork Inc., has charted an independent course following the parent’s bankruptcy.
In Q1 FY26, the company managed to narrow losses by 51.5% to ₹14.1 crore, while its revenue grew 19.3% to ₹535.3 crore, up from ₹448.7 crore a year earlier. If the IPO succeeds, it will become the fifth coworking startup to list on Indian stock markets, following players like Awfis, Smartworks, IndiQube, and DevX.
[Credits for header image: Coworking insight
This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.]
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