Overview

• The three-day offer runs October 3–7 as a 100% offer for sale of up to 4.63 crore shares, with proceeds to selling shareholders Embassy Buildcon and WeWork affiliate 1 Ariel Way Tenant rather than the company.
• WeWork India allotted 2.08 crore shares to 67 anchor investors at the cap price of Rs 648, raising about Rs 1,348.26 crore ahead of the launch.
• Grey-market quotes hover near a Rs 15 premium over the cap price (roughly 2–3%), while brokerages largely stay Neutral, citing rich post-issue P/E multiples of about 50x–68x and sector risks.
• Share allotment is slated for October 8 and a tentative listing on the BSE and NSE is set for October 10, with 75% of the offer reserved for QIBs, 15% for NIIs, 10% for retail, and a retail lot size of 23 shares.
• As India’s largest premium flexible workspace operator by revenue, the company runs 68 centres with 114,077 desks across eight cities and reported FY25 profit of about Rs 127 crore on revenue of roughly Rs 1,949 crore.