Wework India IPO receives subdued response from investors on day 01, 4% subscribed

The Initial Public Offer (IPO) of Wework India Management, which opened today on October 3, received a clumsy response from investors, with the issue subscribed to only 4%on day 1. The retail portion was discussed at 15%, while non-institutional buyers (NIIs) and qualified institutional buyers (QIBs) only subscribed to 2%. In contrast, the quota of the employees had a strong question, with 90% subscription. The company intends to increase £ 3,000 crore from the expense, which is entirely an offer for selling 4.63 crore shares, with the price tire fixed at £ 615-648 per share. Retail investors can apply for a minimum of 23 shares in one lot and up to 13 lots. At the top of the IPO price tire, £ 648 per share, retail investors must make a minimum investment of £ 14,904 per lot. The company will not receive any returns from the offer. The sales returns are received by the sales shareholder, after deduction of offer -related expenses and appropriate taxes, which are the responsibility of the sales shareholders. The award is likely to be completed on Wednesday, October 8, and the shares are scheduled to list on NSE and BSE on Friday, October 10. JM Financial Ltd. is the general manager of the book, and MUFG INGIGE INDIA PVT. Ltd. is the registrar of the edition. Wework India starts its IPO on October 3, 2025, between £ 615 and £ 648 per share. The offer aims to increase £ 2.847 crore to £ 3,000, with shares probably listed on October 10, 2025. Over Wework India, the company is one of the leading premium flexible workspace operators in India. The business model focuses on hiring landlords, completing the result and converting these spaces into fully managed, modern, technology-activated and productive offices for its members. It offers working spaces to companies of all sizes, including large companies, small and middle -sized businesses and startups, as well as individuals. In his RHP report, citing a CBE report, the company said it established multi-asset relationships with various prominent developers in large Tier-1 cities. It is owned by the majority and promoted by Embassy Group, one of India’s leading real estate developers. On June 30, 2025, the company’s portfolio 114.077 covered desks in 68 operational centers, with a total empty area of ​​7.67 million square feet for operational centers. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.