About
Launched in 2017, WeWork India (exclusive licensee) is the country’s leading premium flexible workspace operator, with 68 centres, 114k desks, and 7.7 mn sq ft in Grade A buildings across Tier 1 cities. It serves enterprises, MSMEs, startups and individuals with co-working, managed offices and hybrid solutions, backed by Embassy Group’s real estate expertise and WeWork Global’s brand network.
IPO schedule
| Issue open date | 2025-10-03 |
|---|---|
| Issue close date | 2025-10-07 |
| UPI mandate deadline | 2025-10-07 (5 PM) |
| Allotment finalization | 2025-10-08 |
| Refund initiation | 2025-10-09 |
| Share credit | 2025-10-09 |
| Listing date | 2025-10-10 |
| Mandate end date | 2025-10-22 |
| Lock-in end date for anchor investors (50%) | 2025-11-07 |
| Lock-in end date for anchor investors (remaining) | 2026-01-06 |
Financials
| Financial Year Ended | March 2023 | March 2024 | March 2025 |
|---|---|---|---|
| Total Assets | 4414.0 | 4482.7 | 5391.67 |
| Revenue | 1422.7 | 1737.1 | 2024.00 |
| Profit After Tax | -146.80 | -135.7 | 128.19 |
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | ₹3000 crores |
| Offer For Sale | ₹3000 crores |
Utilisation of proceeds
As the Offer is by way of an Offer for Sale, the Company will not receive any proceeds from the Offer.Accordingly, the Company is not required to appoint a monitoring agency for the Offer.
Strengths
- Market leader in India’s flexible workspace sector with strong brand recognition and premium positioning.
- Extensive network of 68 operational centres across 8 cities with 7.35 million sq ft leasable area.
- Diverse offerings from private offices to managed floors, All Access, Labs, and business solutions.
- Prime locations, premium amenities, and scalable workspaces attracting corporates and startups alike.
- Strong community engagement, digital tools (like WeWork Workplace), and global brand association.
Risks
- Ongoing legal proceedings involving promoter and group entities may affect reputation and operations.
- Long-term fixed lease agreements create high fixed costs and exposure to occupancy fluctuations.
- Continued net losses and negative EPS raise profitability and cash flow concerns.
- Dependence on the WeWork brand under a license agreement; disruptions could impact operations.
- Adverse macroeconomic trends or landlord refusals to renew leases could hurt growth and stability.
Media Coverage
- The Hindu: SEBI keeps WeWork India’s IPO in abeyance
- Finshots: Working the WeWork India IPO
- Mint: WeWork India IPO: A game-changer or just a cash-out?
Allotment Status for WeWork India
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