Wework IPO Day 3 Live: Issue has so far booked 13%; Check GMP, subscription status, review. Should you apply?

The initial public offer (IPO) for Wework India Management Ltd on Monday had a 13% subscription on the second day of the share sale. Wework IPO GMP Today or Wework India IPO GMP was £ 0, which meant that shares were not traded at their issue of £ 648 with no premium or discount in the Grey market at their issue. Wework India has successfully collected more than 1.348 crore anchor investors. The total problem is worth £ 3,000 crore and closes on Tuesday. Wework IPO Price Band was set at £ 615-648 each, which appreciates the business at the top of around £ 8,685. Founded in 2017, Wework India works under an exclusive license from the Wework brand, promoted by the Embassy Group, a Bengaluru property developer. Wework India currently runs 77 lakh square meters over the main Tier-1 cities such as Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi and Chennai. Of these, 70 lakh square meters are in operation, which accommodates a desktop capacity of 1.03 Lakh. The company employs more than 500 people. Wework IPO GMP today Wework IPO GMP today or Gray Market Premium was £ 0, which means stocks traded according to Investmentain.com at their £ 648 release price without premium or discounts in the Gray market. Based on the Gray Market activities during the past seven sessions, the IPO Gray Market Premium (GMP) shows a downward trend and is expected to decline further. Reports indicate that the lowest GMP recorded is £ 0.00, while the highest observed £ 15 was, according to expert analysis. ‘Gray Market Premium’ indicates investors’ readiness to pay more than the issue price. Wework IPO review According to Anand Rathi Research, Wework India’s strategy highlights the deepening of its presence in existing cities, expanding high-demand micro-markets, strengthening relationships with large companies, accounting for 60.6% of the net membership fees in the first quarter of FY26. This strategic focus supports the company’s premium positioning and reduces the price sensitivity under its customer base. In addition, Wework India is committed to providing continuous innovation in its core, digital and value-added offers to improve the member experience. The company has achieved ebitda positions and concentrates on profitability in the coming years. Considering these factors, Anand Rathi research considers the IPO as fully priced and recommends it with a ‘subscriber -long -term’ rating. Angel One noted that at the top price tape of £ 648 for the IPO, Wework India’s price-to-earnings (P/E) ratio stands at 67.75x, reflecting a premium valuation. While the company is profitable and works within the expanding flexible workspace sector sector, several factors contribute to returns on returns. This includes high fixed costs, income concentration and inherent market risks. As a result, Angel One issued a ‘neutral’ recommendation on the IPO. WEWORK IPO subscription status WEWORK IPO subscription status was 13% on day 2. The retail section is 37% logged in, and the NII portion was discussed 6%, qualified institutional buyers (QIBS) portion received 9% bid. The employee section booked 1.44 times. According to BSE data, the company received a bid for 34,25,390 shares at 2,54,89,748 shares at 2,54,89,748 shares. WEWORK IPO details The WEWORK IPO is a complete offer for sale (OFS) of up to 4.63 crore equity shares, with the promoter group entity -Ambassade Buildcon LLP and investor Ariel Way Tenant Ltd, attached to Wework Global, sales portions of their stations. The estimated value of the proposed bursary trading is about £ 3,000 at the upper price tape. Currently, the embassy group owns about 76.21% of Wework India, while Wework Global owns 23.45%. As this issue is an offer for sale (OFS), Wework India will not receive any returns from the issue; Instead, all money raised will be addressed to the sales shareholders. JM Financial Ltd. serve as the book that runs general manager, and MUFG INGIGE INDIA PVT. Ltd. act as the Registrar for the issue. Wework IPO details Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of coin. We advise investors to check with certified experts before making any investment decision.