Overview

• The issue opens Oct 3 and closes Oct 7, with the anchor book on Oct 1, allotment on Oct 8, credit on Oct 9 and listing on Oct 10 on the BSE and NSE.
• The offer size is priced at Rs 615–648 per share for roughly 4.63 crore shares, aggregating up to about Rs 3,000 crore and implying a valuation near Rs 8,685 crore at the top end.
• Embassy Buildcon LLP and WeWork Global affiliate 1 Ariel Way Tenant Ltd. are the selling shareholders in the offer for sale.
• Investor allocation is 75% to QIBs, 15% to NIIs and 10% to retail; the retail lot is 23 shares with a minimum outlay of Rs 14,904 at the cap price.
• Bookrunners are JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital and 360 ONE WAM, and the company reports operating 68 centres with about 1.14 lakh desks across eight cities, alongside Q1 FY26 revenue of Rs 535.3 crore and a Rs 14.1 crore net loss.