The stock was listed at Rs 646.50, a slight 0.23% discount to the issue price.
So far, the stock has hit a high of 649.45 and a low of 615. On the BSE, over 2.60 lakh shares of the company were traded in the counter so far.
The initial public offer of WeWork India Management was subscribed 1.15 times. The issue opened for bidding on 3 October 2025 and it closed on 7 October 2025. The price band of the IPO was fixed between Rs 615 and 648 per share.
The issue comprised only the offer for sale of up to 46,296,296 equity shares of Rs 10 face value, comprising the sale of 3,54,02,790 equity shares by Embassy Buildcon (the promoter selling shareholder) and 1,08,93,506 equity shares by 1 Ariel Way Tenant (a wholly owned subsidiary of WeWork International), the investor selling shareholders.
The object of the issue is to achieve the benefits of listing the equity shares on the stock exchanges apart from the offer to exit for investor-selling shareholders. Post issue 1 Ariel Way Tenant, the investor selling shareholders will have a 15.32% stake.
WeWork India Management, majority owned and promoted by Embassy Group, is a leading premium flexible workspace operator in India with a portfolio of 114077 desks across 68 operational centers with an aggregate leasable area of 7.67 million square feet (msft) as of June 30, 2025. The company is the exclusive licensee of the WeWork (a global flexible workspace operator) brand in India.
The company offers a comprehensive mix of flexible workspace solutions, including a mix of custom-designed buildings, floors, and offices; enterprise office suites; customized managed offices; private offices; co-working spaces; and hybrid digital solutions.
In terms of industry-wise revenue mix, about 35.42%/34.22% is from technology, 15.18%/16.92% from finance, 9.89%/9.31% from professional services, and 7.45%/7.13% from media for the quarter ended Jun 2025 and FY25, respectively. Contribution to net membership fees from international clients was 65.93% and 63.44% in the quarter ended Jun 2025 and FY25, respectively.
Ahead of the IPO, WeWork India Management, on 1 October 2025, raised Rs 1,348 crore from anchor investors. The board allotted 2.08 crore shares at Rs 129 each to 67 anchor investors.
The firm reported a consolidated net loss of Rs 14.10 crore and sales of Rs 535.31 crore for the six months ended on 30th June 2025.