The ₹3,000 crore offer for sale (OFS) managed to see full subscription on the last day of bidding led by institutional investors.
The final subscription data on the NSE shows that the overall subscription for the issue is 1.15 times. The portion reserved for qualified institutional bidders (QIB) was subscribed 1.79 times the total number of shares offered.
On the other hand, the portion reserved for non-institutional bidders and retail investors remained underestimated. The portion for non-institutional investors was only 23% subscribed, while the retail portion saw a subscription of 61%. The portion intended for eligible employees was subscribed 1.87 times.
Wework India, a flexible workspace operator, received bids for 1,06,96,564 shares against the 2,54,89,748 shares on offer, according to consolidated BSE data.
After the bidding period ends, the allotment of shares in the WeWork India IPO is expected to be finalized on October 8. The headline will indicate the stock exchanges on Friday, October 10.
Investors can check the allotment status of the Wework India IPO online through the BSE and NSE websites or through the issue registrar, MUFG Intime India Pvt. Ltd.
Founded in 2016, WeWork India offers flexible workspace solutions such as custom-designed offices, enterprise suites, managed offices, private offices, co-working spaces and hybrid digital options.
As on June 30, 2025, the company operated 68 centers with a total capacity of 1.14 lakh offices across eight cities in India. Bengaluru and Mumbai accounted for a significant portion of its net membership fees.
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