WeWork India IPO Date, Price, Details

WeWork India is gearing up to launch its Initial Public Offering (IPO) in 2025. The issue will follow the Book Build route and is expected to raise approximately ₹[.] crore, comprising a fresh equity issuance worth ₹[.] crore along with an Offer for Sale (OFS) of up to 43,753,952 equity shares, each carrying a face value of ₹10.

The IPO price band has been set in the range of ₹[.] to ₹[.] per share. Allocation to investors is divided as follows: Qualified Institutional Buyers (QIBs) will receive 75% of the offer, Non-Institutional Investors (HNIs) will be allotted 15%, and Retail Individual Investors (RIIs) will have a 10% share. The shares are proposed to be listed on both the BSE and NSE, with the listing scheduled for 2025. The allotment date is also expected to fall within 2025.

From a financial standpoint, WeWork India posted a revenue of ₹1,737.16 crore in FY 2024, up from ₹1,422.77 crore in FY 2023. The company reported a net loss of ₹135.77 crore in FY 2024, slightly reduced from a loss of ₹146.81 crore in the previous fiscal.

WeWork India is gearing up to launch its Initial Public Offering (IPO) in 2025. The issue will follow the Book Build route and is expected to raise approximately ₹[.] crore, comprising a fresh equity issuance worth ₹[.] crore along with an Offer for Sale (OFS) of up to 43,753,952 equity shares, each carrying a face value of ₹10. The IPO price band has been set in the range of ₹[.] to ₹[.] per share. Allocation to investors is divided as follows: Qualified Institutional Buyers (QIBs) will receive 75% of the offer, Non-Institutional Investors (HNIs) will be allotted 15%, and Retail Individual Investors (RIIs) will have a 10% share.

WeWork India IPO Market Lot Size

The WeWork India IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

Application

Lot Size

Shares

Amount

Retail Minimum

1

₹-

Retail Maximum

13

₹-

S-HNI Minimum

14

₹-

B-HNI Minimum

68

₹-

WeWork India IPO Details

IPO Open Date:

2025

IPO Close Date:

2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹[.] to ₹[.] Per Share

Issue Size:

Approx ₹[.] Crores

Offer for Sale:

Approx 43,753,952 Equity Shares

Issue Type:

Book Build Issue

IPO Listing:

BSE & NSE

Retail Quota:

Not more than 10%

QIB Quota:

Not more than 75%

NII Quota:

Not more than 15%

WeWork India IPO Valuation – FY2024 (KPI)

Check WeWork India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

-%

ROCE:

-%

EBITDA Margin:

62.69%

PAT Margin:

(7.82%)

Debt to equity ratio:

2.20

Earning Per Share (EPS):

₹(10.73) (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

NA

Net Asset Value (NAV):

₹(34.55)

WeWork India IPO Company Financial Report

The company reported revenue of ₹1737.16 crores in 2024 against ₹1422.77 crores in 2023. The company reported loss of ₹135.77 crores in 2024 against loss of ₹146.81 crores in 2023.

Amount ₹ in Crores

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹836.67

₹1479.67

₹643.00

₹3972.31

2023

₹1422.77

₹1569.66

₹146.81

₹4414.02

2024

₹1737.16

₹1869.92

₹135.77

₹4482.76

September 2024

₹960.76

₹1019.45

₹174.57

₹5068.35

WeWork India IPO Dates

The WeWork India IPO date is 2025 and the close date is 2025. The WeWork India IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:

2025

IPO Close Date:

2025

Basis of Allotment:

2025

Refunds:

2025

Credit to Demat Account:

2025

IPO Listing Date:

2025

Promoters of WeWork India IPO

The promoters of the company are Jitendra Mohandas Virwani, Karan Virwan, and Embassy Buildcon LLP.

About WeWork India IPO

To be updated soon

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

Awfis Space Solutions Limited

(2.79)

NA

(6.99%)

39.87

848.82 Cr.

Objects of the IPO
  • Funding capital expenditure for workspace expansion and upgrades

  • Repayment or prepayment of outstanding borrowings

  • Meeting working capital requirements

  • General corporate purposes

Merchant Bankers
  • JM Financial Limited
  • ICICI Securities Limited
  • Jefferies India Private Limited
  • Kotak Mahindra Capital Company Limited
  • 360 ONE WAM Limited
Company Address

WeWork India Management Ltd.
6thFloor, Prestige Central
36, Infantry Road
Shivaji Nagar
Bengaluru, Karnataka, 560001
Phone: +91 8884564500
Email: [email protected]
Website: https://wework.co.in/

WeWork India IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Check Grey market premium at below 

(GMP)

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