WeWork India Company and IPO Details

WeWork India, established in the year 2017, is a popular company that provides office space on rent to businesses. Its IPO opened for subscription on 3 October 2025. In this blog post, we shall discuss this company and IPO details. 

If you are an investor and want to learn about this company’s offerings, IPO and other relevant information, we recommend you to go through this post!

What is WeWork India?

WeWork India Management Limited is a premium flexible workspace operator in India. It was launched in 2017, and is headquartered in Bengaluru, Karnataka. The company is a top operator by total revenue. As of 30 June 2025, the company had 68 operational centres with 1,14,077 desk capacity across 8 cities in India. Bengaluru and Mumbai account for a major share of the company’s membership fees. Therefore, these cities are important for the revenue model of the company.

The company is majority owned and promoted by Embassy Group. This group is one of India’s top real estate developers. The group has built more than 85 million sq. ft. of commercial space and sponsors Embassy REIT, the country’s first and Asia’s largest office REIT by leasable area. 

WeWork India’s business model involves leasing spaces from property owners, carrying out complete fit-outs and converting them into modern, fully managed, tech-enabled offices tailored for fulfilling the needs of its members.

The company offers flexible workspace solutions for solo entrepreneurs, startups and large corporations. Its offerings include private offices, coworking memberships and space management software. All of them are designed to support diverse hybrid work strategies. At present, WeWork India's Managing Director and CEO is Karan Virwani.

WeWork India IPO Details

WeWork India IPO Details are provided below:

WeWork India opened its IPO on 3 October 2025 for subscription. WeWork India IPO is a book-building issue of Rs. 3000 crore. The issue consists entirely of an offer for sale (OFS) of 4.63 crore shares. This means the company itself won’t receive any proceeds from the IPO issue. Instead, the funds will go to the selling shareholders upon deduction of offer related expenses and taxes.

The IPO price band of WeWork is set between Rs. 615 - Rs. 648 per share. The allotment will be finalized by 8 October 2025. The tentative listing date of WeWork on BSE and NSE is 10 October 2025.

For retail investors, the minimum lot size is 23 shares that require an investment of Rs. 14,904 at the upper price band. The minimum lot size for small non-institutional investors (sNII) is 14 lots i.e., 322 shares, amounting to Rs 2,08,656. For the large non-institutional investors (bNII), the minimum lot size is 68 lots (1,564 shares), amounting to Rs 10,13,472.

On 1 October 2025, before the issue opened, WeWork India raised Rs. 1,348.26 cr from anchor investors. For the IPO, the book-running lead manager is JM Financial Ltd. The registrar of the issue is MUFG Intime India Pvt. Ltd.

Conclusion

WeWork was launched in 2017 by the Embassy Group - a leading real estate developer in India. WeWork India IPO has been one of the most awaited IPOs. Finally, this IPO opened for subscription on 3 October 2025. The last date for applying for this IPO is 7 October 2025. Before applying for any IPO, it is crucial that you carefully review the company’s financials, growth prospects and risk factors. Doing so is essential to make an informed investment decision.

Want to launch your company’s IPO? Connect with Registrationwala’s IPO consultants for availing IPO consulting services!

Disclaimer: The information provided in this article is based on sources we believe to be reliable. We do not guarantee this article’s 100%  accuracy or completeness. This content is meant for general informational purposes only. Therefore, it should not be taken as professional investment advice. Please do your own research or consult a financial advisor before making any investment decisions. We do not take any responsibility for losses arising from actions taken on the basis of this content.

Frequently Asked Questions (FAQs)

Q1. What does WeWork India do?

A. It is a flexible workspace operator. It offers a broad range of solutions incl. managed offices, enterprise office suites, co-working spaces, private offices and hybrid digital solutions.

Q2. When was WeWork founded?

A. It was founded in 2017 in India.

Q3. When is the WeWork IPO allotment date?

A. WeWork IPO allotment date is 8 October 2025. The IPO opened for subscription on 3 October 2025.

Q4. What is the IPO listing date of WeWork?

A. The tentative listing date of this IPO is 10 October 2025.

Q5. Where is the headquarters of WeWork?

A. The headquarters of WeWork is in Bengaluru, Karnataka.

Q6. Who owns WeWork company (India)?

A. The Embassy Group, a leading real estate developer in India, holds majority of the stakes in the company. WeWork International also holds stakes in the company.

Q7. Who is WeWork India's Managing Director and CEO?

A. Karan Virwani is WeWork India's Managing Director and CEO.

Q8. What is the Embassy Group?

A. It is a Bengaluru-based real estate developer. It was founded in 1993 by Jitu Virwani.

Author: Manish Kumar

I’m Manish Kumar, a content management specialist. I simplify complex financial and regulatory topics into clear, insightful content. As a regular contributor to the Registrationwala portal, I provide updates on finance, Tax, government schemes, compliance, and other incorporation information. My goal is to keep you informed about key industry developments and their impact.