WeWork India Management Ltd. has announced public offering of 46296296 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 638.00 per share. The gross proceeds of the issue are expected to be Rs 3,00,000.00 lakhs.
The company's initial public offer (IPO) will open on 03 October 2025 and is expected to close on 07 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 615.00-648.00 per share.
The IPO includes a fresh Issue of 46296296 Equity Shares of the Company at an price of Rs 648.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 23 shares with bids in multiples of 23.
WeWork India Management Ltd. anticipates using the proceeds of the issue for .
KOTAK MAHINDRA CAPITAL COMPANY LTD,Jefferies India Pvt. Ltd.,JM Financial Ltd.,360 ONE WAM Ltd.,ICICI Securities Ltd as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.