The WeWork India IPO is one of the most anticipated public issues of 2025. The WeWork India IPO opens on 3 October 2025 and closes on 7 October 2025. Investors can expect the allotment on 8 October, while the shares will list on BSE and NSE on 10 October 2025.
The company aims to raise around ₹3,000 crore through a mix of fresh issue and an Offer for Sale (OFS) of up to 4,62,96,296 equity shares. The price band has been fixed at ₹615 to ₹648 per share.
If you are exploring whether this IPO is worth applying for, here is a complete and easy-to-read breakdown.
Contents
Key WeWork India IPO Details
| Detail | Information |
|---|---|
| IPO Open Date | 3 October 2025 |
| IPO Close Date | 7 October 2025 |
| Listing Date | 10 October 2025 |
| Price Band | ₹615 – ₹648 |
| Issue Size | Approx ₹3,000 crore |
| Offer for Sale | Approx 4,62,96,296 shares |
| Face Value | ₹10 per share |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| Allotment Date | 8 October 2025 |
| Refunds | 9 October 2025 |
| Credit to Demat | 9 October 2025 |
| Cut-off Time | 3 October (5 PM) |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
WeWork India IPO
Open: 3-7 Oct 2025
Issue Size: ₹3000 Cr.
Objective: Promoters and old investors are selling their shares to cash out.
Exchange: NSE BSE
Retail investors get a 10% quota, QIBs 75%, and HNIs 15%.
WeWork India IPO Market Lot
The minimum lot size for retail investors is 23 shares.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 23 | ₹14,904 |
| Retail Maximum | 13 | 299 | ₹1,93,752 |
| S-HNI Minimum | 14 | 322 | ₹2,08,656 |
| S-HNI Maximum | 67 | 1,541 | ₹9,98,568 |
| B-HNI Minimum | 68 | 1,564 | ₹10,13,472 |
IPO Reservation Structure
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investors | 2,08,06,548 | 44.94% |
| QIBs | 1,38,71,031 | 29.96% |
| NIIs | 69,35,516 | 14.98% |
| Retail | 46,23,677 | 9.99% |
| Employees | 59,524 | 0.13% |
Anchor Investor Details
Anchor bidding takes place on 1 October 2025.
| Detail | Information |
|---|---|
| Anchor Size | ₹1,348.26 crore |
| Shares Offered | 2,08,06,548 |
| Anchor Investors List | View PDF |
| Lock-in (50%) | Till 7 November 2025 |
| Lock-in (50%) | Till 6 January 2026 |
Also Read:
Company Overview
WeWork India, incorporated in 2017, is one of India’s largest premium flexible workspace providers. The company offers modern, tech-enabled coworking spaces to enterprises, SMEs, startups, and freelancers.
Its business model is based on leasing Grade A office spaces and converting them into fully serviced, flexible workspaces. These spaces include meeting rooms, event areas, wellness zones, high-speed internet, housekeeping, pantry and security services.
The company has 523 permanent employees (as of September 2024) and operates in major Indian cities such as Bengaluru, Mumbai, Pune, Hyderabad, Delhi, Gurgaon, Noida, and Chennai.
WeWork India Financial Performance
Table: Financial Report (₹ in crores)
| Year | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| 2022 | 836.67 | 1479.67 | 643.00 | 3972.31 |
| 2023 | 1422.77 | 1569.66 | 146.81 | 4414.02 |
| 2024 | 1737.16 | 1869.92 | 135.77 | 4482.76 |
| 2025 | 2024.00 | 2132.89 | 128.19 | 5391.67 |
The company has shown strong revenue growth over the years. It also turned profitable after reporting a loss in 2024.
WeWork India IPO Valuation (FY2025)
| KPI | Value |
|---|---|
| ROE | 63.80% |
| ROCE | 37.52% |
| EBITDA Margin | 63.41% |
| PAT Margin | 6.33% |
| EPS (Basic) | ₹9.93 |
| P/E Ratio | NA |
| RoNW | 63.80% |
| NAV | ₹15.57 |
Peer Comparison
| Company | EPS | PE | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Awfis Space Solutions | 9.75 | 59.38 | 14.78% | 64.71 | ₹1207.54 cr |
| Smartworks Coworking | -6.18 | NA | -58.76% | 10.55 | ₹1374.06 cr |
| IndiQube Spaces | -7.65 | NA | NA | -0.24 | ₹1059.27 cr |
Compared to peers, WeWork India stands stronger in profitability and returns.
Promoters & Shareholding
| Particular | Shares | % Holding |
|---|---|---|
| Promoter Holding (Pre-Issue) | 13,40,23,259 | 73.56% |
| Promoter Holding (Post-Issue) | 13,40,23,259 | 48.07% |
Promoters include:
• Jitendra Mohandas Virwani
• Karan Virwani
• Embassy Buildcon LLP
Should You Apply for WeWork India IPO?
Based on financials and industry leadership, analysts suggest a “May Apply” stance. Investors looking for long-term value in the coworking and flexible workspace sector may consider applying.
IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: weworkindia.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Company Contact
WeWork India Management Ltd.
6th Floor, Prestige Central
36, Infantry Road, Shivaji Nagar
Bengaluru – 560001
Phone: +91 8884564500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
Expert Comment
The WeWork India IPO brings a strong mix of growth, improving profitability, and a leadership position in the flexible workspace market. While investors should consider their risk appetite, the company’s expanding footprint and rising revenues make it a promising option for those looking at long-term opportunities in this segment.
WeWork India IPO FAQs
What is WeWork India IPO?
A mainboard IPO worth around ₹3,000 crore with a price band of ₹615–₹648 per share.
When does the WeWork India IPO open?
The IPO opens on 3 October 2025 and closes on 7 October 2025.
What is the lot size of WeWork India IPO?
The minimum lot is 23 shares (₹14,904).
When is the allotment date of WeWork India IPO?
Allotment will be finalised on 8 October 2025.
When is the listing of WeWork India IPO?
Shares will list on BSE and NSE on 10 October 2025.
How can I apply for WeWork India IPO?
You can apply via ASBA through your bank or via UPI through any supported stockbroker.
