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WEWORKEQ / NSE, BSEListed
WeWork India Management

WeWork India Management Limited, incorporated in 2016, operates as a flexible workspace provider in India, offering a wide range of solutions including custom-designed buildings, floors, offices, enterprise suites, managed offices, private offices, co-working spaces, and hybrid digital options. It serves large enterprises, small businesses, startups, and professionals, delivering high-quality, adaptable workspaces. As of June 30, 2025, the company has 68 operational centers with a total capacity of 114,077 desks across eight cities, with Bengaluru and Mumbai contributing significantly to net membership fees. Its notable clients include Amazon Web Services India, JP Morgan Services India, Discovery Communications India, Deutsche Telekom Digital Labs India, CBA Services, and Grant Thornton Bharat, supported by a team of 583 employees

₹615 - ₹6481.15x sub
Listed Price₹650.00
Listing Gain+0.31%

IPO Schedule & Timeline

Bookbuilding IPO
Open03 Oct 2025
Close07 Oct 2025
Allotment08 Oct 2025
Listing10 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor2,08,06,548 shares
44.94%
QIB1,38,71,031 shares
29.96%
HNI69,35,516 shares
14.98%
Retail46,23,677 shares
9.99%
Employee59,524 shares
0.13%

Minimum Application Lots

Retail1 Lot (23 shares)
₹14,904
sHNI14 Lots (322 shares)
₹2,08,656
bHNI68 Lots (1,564 shares)
₹10,13,472

Company Promoters

Jitendra Mohandas VirwaniKaran Virwani

Company Background

WeWork India Management Limited, incorporated in 2016, operates as a flexible workspace provider in India, offering a wide range of solutions including custom-designed buildings, floors, offices, enterprise suites, managed offices, private offices, co-working spaces, and hybrid digital options. It serves large enterprises, small businesses, startups, and pro...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹2024 Cr
Growth+42.3%
Revenue Trend (₹ in Crores)
0.0775.91.6k2.3kMar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-252,024.00128.195,391.67310.22
Mar-241,737.16-135.774,482.76625.83
Mar-231,422.77-146.814,414.02485.61

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-259.930%0%67.7567.75
Mar-24-10.730%0%00
Mar-23-11.520%0%00

Peer Comparison & Valuation

Financial Performance

Awfis Space Solutions Ltd

NAV/Share (₹)64.71
RONW(%)14.78
EPS (Basic) (₹) ₹ 9.75 per share

WeWork India Management Ltd

NAV/Share (₹)15.57
RONW(%)63.80
EPS (Basic) (₹)9.93

Smartworks Coworking Spaces Ltd

NAV/Share (₹)10.55
RONW(%)58.76
EPS (Basic) (₹)-6.18

IndiQube Spaces Ltd

NAV/Share (₹)-0.24
RONW(%)NA
EPS (Basic) (₹)-7.65

Valuation

Awfis Space Solutions Ltd

P/E(X)59.38
CMP* (₹)10.00
Face value (₹)₹10 per share

WeWork India Management Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

Smartworks Coworking Spaces Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

IndiQube Spaces Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)1.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd (MUFG)

Allotment Finalized
Allotment Date
08 Oct 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd (MUFG)
Listing Date
10 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd (MUFG)

Direct allotment verification on the official registrar portal appointed for WeWork India Management. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Oct 2025Trading commences on exchange

How to Check WeWork India Management Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select WeWork India Management from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About WeWork India Management IPO

Complete issue overview for WeWork India Management (WEWORK) IPO. The issue features an equity share price band of ₹615 – ₹648 per share with a minimum retail lot size of 23 Shares (minimum application amount of ₹14,904). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions