Wework India IPO: Price Band set at £ 615-648 per share; Check the key dates, outreach details, more

Wework India Management IPO Price Band is determined in the vicinity of £ 615 to £ 648 per equity share of the face value of £ 10. The Wework India Fair Date of Subscription is scheduled for Friday, October 3 and closes on Tuesday, October 7. The award to anchor investors for the Wework India Scholarship is scheduled to take place on Wednesday, October 1. The floor price is 61.5 times the face value of the stock shares, and the cap is 64.8 times the face value of the equity shares. The Wework India IPO lot size is 23 shares and in multiples of 23 equity shares thereafter. Wework India IPO reserved no less than 75% of the shares in the public issue for qualified institutional buyers (QIB), no more than 15% for non-institutional Institutional Investors (NII), and no more than 10% of the offer is reserved for retail investors. The employee section is reserved up to 35 million. Tenentatively, Wework India IPO base for the award of shares will be completed on Wednesday, October 8, and the company will initiate repayments on Thursday, October 9, while the shares will be credited on the same day after the repayment on the Demat account of Allotes. Wework India share price is likely to be listed on BSE and NSE on Friday, October 10. (More Come)