WeWork India IPO Sees Pick-Up on Day 2; Employee, Retail Bidding Boost Momentum

Bengaluru, October 6, 2025: WeWork India Management Limited’s IPO ₹3,000 crore initial public offering saw a pick-up on the second day of bidding. This was driven by robust employee and retail participation. The issue got subscribed 0.13 times till 3:42 PM IST – indicative of firm investor sentiment and early indications of institutional buying.

WeWork India IPO Retail and Employee Involvement Set the Pace

Retail investors were the most active segment, subscribing 0.35 times, while the employee portion saw strong demand, being subscribed 1.38 times. Qualified Institutional Buyers (QIBs) remained subdued, with a subscription of just 0.09 times, led primarily by mutual funds and financial institutions. Non-institutional investors showed limited interest, bidding only around 5% of their allocated lot. Overall, approximately 32.76 lakh shares were bid for, of which 14.28 lakh shares were at the cut-off price.

WeWork India IPO Anchor Investor Response

WeWork India mobilised approximately ₹1,348 crore from anchor investors ahead of its public subscription, selling 2.08 crore shares at ₹648 each. The anchor book attracted a mix of leading onshore and offshore institutional investors, including ICICI Prudential Technology Fund, HDFC Balanced Advantage Fund, Motilal Oswal Small Cap Fund, Aditya Birla Sun Life Midcap Fund, Axis Multicap Fund, Tata Multicap Fund, Invesco India Smallcap Fund, Goldman Sachs India Equity Portfolio, and Amundi Funds New Silk Road.

WeWork India IPO Offer Details and Timeline

WeWork India’s IPO comprises a 100% offer-for-sale of 4.63 crore shares in the price band of ₹615-₹648 per equity share. Each lot consists of 23 shares, meaning an investment of ₹14,904 at the upper price band. The issue period runs from 3 October to 7 October 2025, with listing scheduled for 10 October 2025. Early subscription activity indicates strong interest from both retail and institutional investors, reflecting positive market sentiment ahead of the listing.

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