- Bid /Offer Opening Date – Friday, October 03, 2025, and Bid/ Offer Closing Date –Tuesday, October 07, 2025
- Price Band fixed at ₹ 615 per equity share of face value ₹10 each to ₹ 648 per equity share of the face value of ₹10 each (“Equity Shares”) of WeWork India Management Limited (the “Company”)
- Bids can be made for a minimum of 23 Equity Shares and in multiples of 23 Equity Shares thereafter
Bengaluru: October 3, 2025 – WeWork India Management Limited, one of India’s leading premium flexible workspace operators and the largest operator by total revenue, has allotted 2,08,06,548 equity shares to 67 anchor investors, comprising marquee domestic and global anchor and raised ₹1,348.26 crores ahead of the Company’s proposed IPO at the upper end of the price band at ₹648 per equity share with face value of ₹10 per equity share. Out of the total allocation of 2,08,06,548 equity shares to the anchor investors, 96,79,182 equity shares were allocated to 13 domestic mutual funds through a total of 32 schemes.
The anchor book has received widespread participation from domestic institutional investors including leading mutual funds such as ICICI Prudential, HDFC MF, Motilal Oswal MF, Aditya Birla MF, Axis MF, Canara-Robeco MF and insurance companies such as Aditya Birla Sun Life, Canara HSBC Life, SBI General and Kotak Mahindra Life and Bajaj Allianz Life. Global interest was equally notable with very strong demand from sovereign and long-only FIIs such as Edelweiss MF, Goldman Sachs Fund, Whiteoak Capital MF, Al Mehwar Commercial Investments L.L.C – (Wanda) and Allianz Global Investors among others.
The company’s initial public offering comprises an Offer for Sale (“OFS”) of equity shares of up to 46,296,296 equity shares. The offer for sale comprises up to 35,402,790 equity shares by Embassy Buildcon LLP (“Promoter Selling Shareholder”), and up to 10,893,506 equity shares by 1 Ariel Way Tenant Limited (“Investor Selling Shareholder”).
JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited are the Book Running Lead Managers (“BRLMs”) to the issue.
