WeWork India IPO continues to lag on final day, issue sees only 46% subscription so far

WeWork India IPO: The initial public offering (IPO) of WeWork India Management Ltd continues to receive sluggish demand from investors on its final day of public bidding today, October 7, with the issue subscribed 46 per cent so far, as per provisional exchange data. The flexible workspace operator aims to raise Rs 3,000 crore from the public offering.

The basis of allotment is expected to be finalised on October 8, 2025, followed by the credit of shares to the respective demat accounts of the successful bidders.

The IPO shares of WeWork India are expected to list in the secondary market on October 10, 2025.

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WeWork India IPO subscription status:

By 1:30 pm, the issue had received bids from investors for 1.07 crore shares against the total shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 0.55, 0.09, and 0.50 times, respectively.

In terms of shares, QIBs bid for 76.49 lakh shares, NIIs have bid for 6.54 lakh shares, and RIIs have bid for 23.18 lakh shares out of their respective allotted portion.

WeWork India IPO details:

WeWork India Management Limited's ongoing IPO has an issue size of Rs 3,000 crore, comprising an entirely offer for sale (OFS) of up to 4.63 crore equity shares with no fresh issue component.

Being an entirely OFS, the IPO proceeds will go directly to the existing shareholders who are releasing their shares and not to the company.

Price band: Rs 615 to Rs 648 per equity share

Lot size: 23 shares, with a minimum investment of Rs 14,904

Allotment date: Expected on October 8, 2025

Listing date: Tentatively on October 10 on BSE and NSE

WeWork India company profile:

WeWork India is a premium flexible workspace operator in India, founded in 2017.

The company operates across Tier-1 cities such as Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, managing about 77 lakh sq ft of space with a desk capacity of 1.03 lakh.

Financially, the company's revenue rose 19.3 per cent year-on-year to Rs 535.3 crore in Q1 FY26. Net loss narrowed to Rs 14.1 crore, compared with Rs 29.1 crore in the same period last year.