WeWork India IPO Lists at ₹650, Slips 2.10% on Debut Amid Investor Selloff

Bengaluru, October 10, 2025: The shares of WeWork India Management Limited made a weak debut on NSE and BSE on the day of listing today, on October 10. The shares listed at ₹650, only ₹2 above its issue price of ₹648, before slipping lower due to investor selloff. As of 11:20 am, the shares were down by 2.10%, or 13.60 points, and were trading at ₹634.40. Until now, the shares have traded within a range of ₹650.15 and ₹614.25. The traded volume stood at 45.03 lakh shares, with the company’s market cap at ₹8,539 crore.

WeWork India Management Limited is an Indian company that provides flexible co-working spaces. The company was established in 2016 and is headquartered in Bengaluru, Karnataka. The shares of the company are listed on NSE with the ticker symbol WEWORK and on BSE with the code 544570.

WeWork India IPO Raised ₹1,348 Crore From Anchor Investors

Ahead of the IPO opening, WeWork India raised ₹1,348 crore from anchor investors, allotting 2.08 crore shares at ₹648 per share. Key investors included ICICI Prudential Technology Fund, HDFC Balanced Advantage Fund, Motilal Oswal Small Cap Fund, Aditya Birla Sun Life Midcap Fund, Axis Multicap Fund, Invesco India Smallcap Fund, Tata Multicap Fund, Goldman Sachs India Equity Portfolio, and Amundi Funds New Silk Road.

WeWork India IPO Overall Subscription At 1.15 Times

The issue was subscribed overall 1.15 times, led by employees who subscribed the issue 1.87 times. The employee category was followed by Qualified Institutional Buyers (QIBs) at 1.79 times, Retail Individual Investors (RIIs) at 0.62 times, and Non-Institutional Investors (NIIs) at 0.23 times.

The IPO listed today and has disappointed investors hoping for listing gains. The stock is now facing selling pressure as investors offload shares to cut losses or safeguard their capital. Despite a strong financial performance, the near-term movement of the shares remains uncertain.

REF: https://www.nseindia.com/get-quotes/equity?symbol=WEWORK

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