WeWork India to Launch ₹3,000 Crore IPO on October 3
By Dwaipayan Roy | Sep 28, 2025 | 03:12 PM
WeWork India, a leading player in the co-working space, is all set to launch its initial public offering (IPO) on October 3, 2025. The issue size is estimated to be around ₹3,000 crore. According to the Red Herring Prospectus (RHP), bidding for anchor investors will open on October 1 for one day, with the IPO closing on October 7.
Offer Details
The upcoming IPO from WeWork India will be an Offer for Sale (OFS) comprising up to 4.63 crore equity shares. The shares will be sold by Embassy Buildcon LLP, a promoter group firm, and Ariel Way Tenant Ltd, a subsidiary of WeWork Global. Since this is an OFS, WeWork India will not receive any proceeds from the listing.
Company Profile
Established in 2017, WeWork India operates under an exclusive license to use the ‘WeWork’ brand in India. The company is promoted by Bengaluru-based real estate major Embassy Group, which currently holds approximately 76.21% stake in WeWork India. Meanwhile, WeWork Global owns about 23.45% of the company.
WeWork India has a presence across major Tier-1 cities including Bengaluru, Mumbai, Pune, Hyderabad, and others.
Business Scale and Operations
WeWork India manages over 77 lakh square feet of space, with 70 lakh square feet currently operational. The company has a desk capacity exceeding 1.03 lakh and employs more than 500 people.
In January 2024, the company raised ₹500 crore through a rights issue, primarily to reduce debt and support its growth plans.
Market Entry and IPO Outlook
WeWork India aims to enhance its visibility, provide liquidity to existing shareholders, and create a public market for its shares in India through this IPO. The company plans to get listed on stock exchanges in early October, with its stock market debut expected on October 10, 2025.
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