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WeWork India Management announced the signing of five large-scale, long-term lease agreements across Bengaluru, Hyderabad, and Chennai, totaling over 700,000 sq. ft. of Grade A office space. One of the company's largest expansions to date, this milestone strengthens WeWork India's leadership in South India and reinforces its position as a preferred partner for both enterprise occupiers and institutional landlords. The company currently operates 37 centres across the region, highlighting its scal ...Read More >
Don't want to miss the best from Business Standard? In a relief to coworking space provider WeWork India, the Bombay High Court on Monday dismissed the petitions challenging the approval of its initial public offering (IPO) by markets regulator the Securities and Exchange Board of India (Sebi), reported Bar and Bench. A division bench of Justice RI Chagla and Justice Farhan A Dubash dismissed the petition filed by an investor, Vinay Bansal, that alleged the company's draft red herring prospect ...Read More >
Mumbai, Nov 10 (SocialNews.XYZ) WeWork India on Monday reported a sharp 96 per cent year-on-year (YoY) decline in consolidated profit after tax (PAT) to Rs 6.4 crore for the second quarter of FY26, compared to Rs 203.7 crore in the same period last fiscal (Q2 FY25). The steep drop in profitability came despite steady revenue growth, indicating higher expenses or one-off costs impacting margins during the quarter. Revenue from operations rose 22.4 per cent YoY to Rs 574.7 crore from Rs 469.5 cro ...Read More >
Mumbai, Oct 7 (SocialNews.XYZ) Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters, and heavy reliance on the WeWork Global brand. According to NSE data, the IPO -- which closes for subscription today -- has been subscribed only 16 per cent while writing ...Read More >
New Delhi, Oct 6 (PTI) The initial public offer of co-working space operator WeWork India Management Ltd got subscribed 13 per cent on the second day of share sale on Monday. The company's IPO received bids for 34,23,780 shares against 2,54,89,748 shares on offer, as per NSE data. Among investors category, Retail Individual Investors (RIIs) portion got subscribed 37 per cent. The category for Qualified Institutional Buyers (QIBs) received 9 per cent subscription and non-institutional investors ...Read More >
WeWork India's initial public offering received a 4% subscription on its first day, with retail investors at 14% and institutional buyers at 2%. The Rs 3,000-crore offer for sale, valued at Rs 8,685 crore, will conclude on October 7, with proceeds going to selling shareholders like Embassy Buildcon and WeWork Global. NEW DELHI: The initial public offering (IPO) of co-working space operator WeWork India Management Ltd received 4 per cent subscription on the first day of share sale on Friday. Th ...Read More >
WeWork India IPO: The stock's grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile. WeWork India's Rs 3,000-crore Initial Public Offering (IPO) has entered its second day of subscription on Monday. By the end of Day 1, the IPO saw a subdued response, with just 4% of the total issue subscribed. Bids were received for 11.12 lakh shar ...Read More >
WeWork India Management: The company is a flexible workspace operator in India.. The public issue was subscribed to 0.04 times on day 1. The bids were led by Qualified institutional investors (0.02 times), non-institutional investors (0.02 times), retail investors (0.14 times). Tata Capital: The company will offer shares for bidding on Monday . The price band is set from Rs 310 to Rs 326 per share. The Rs 15,512 crore IPO is combination of fresh issue of Rs 6846 crore and rest offer for sale. ...Read More >
WeWork India IPO: The initial public offering (IPO) of the flexible workspace operator, WeWork India Management, will open for bidding on Friday, October 3, 2025. The public issue worth ₹3,000 crore comprises an offer for sale (OFS) of 46.3 million equity shares and no fresh issue component. The three-day subscription window is scheduled to close on Tuesday, October 7, 2025. The basis of allotment of shares is likely to be finalised on Wednesday, October 8, 2025. The stock will be listed on the ...Read More >
Mumbai: October may bring some relief for equity investors, with seasonality trends pointing to a higher probability of gains in the month. In the past 10 years, the benchmark Nifty and the broader Nifty 500 have closed higher in seven of the past 10 occasions during the month. Yet, analysts said market action in the coming weeks could be constrained, with indices likely stuck in a narrow range in the absence of fresh catalysts. "As we step into October, the Nifty is expected to remain in the ...Read More >
MUMBAI: Flexible workspace pioneer WeWork India Management, which leads the segment in terms of revenue, has launched its Rs 3,000-crore secondary issue through the IPO route, pricing the offering, opening on October 3, at the Rs 615-648 range. Through the OFS, WeWork is selling 46,296,296 shares led by the promoter Embassy Buildcon which is selling 35,402,790 shares, while 10,893,506 shares are being sold by 1 Ariel Way Tenant which is an investor. The company is majority-owned by the develop ...Read More >
WeWork India IPO: WeWork India, a flexible workspace solution in India, has set the price band for its maiden public issue in the range of ₹615 to ₹648 per equity share. The mainline offering comprises an offer for sale (OFS) of 46.3 million equity shares aggregating to ₹3,000 crore. There is no fresh issue component. According to the red herring prospectus (RHP), the company has reserved at least 75 per cent of the issue for qualified institutional buyers (QIBs), not more than 15 per cent for ...Read More >
HYDERABAD: After four days of relentless downpours, Telangana is expected to have a brief respite on Monday, with no rainfall alerts issued. However, the India Meteorological Department (IMD) placed the state under a yellow alert for thunderstorms. IMD data showed that Papannapet in Medak district received the heaviest 24-hour rainfall at 10.6 cm, followed by Manoor in Sangareddy with 9.28 cm and Nallabelly in Warangal at 9.15 cm. The statewide average rainfall for the day stood at 7.3 mm, nota ...Read More >
Co-working major WeWork India will launch its IPO on October 3. The issue size is estimated at Rs 3,000 crore. Bidding for anchor investors opens on October 1. The offering is entirely an Offer for Sale. Embassy Buildcon and WeWork Global will offload shares. WeWork India itself will not receive any proceeds. Co-working major WeWork India is gearing up to launch its initial public offering (IPO) on October 3, with people aware of the matter pegging the issue size to nearly Rs 3,000 crore. The ...Read More >
WeWork India Management Ltd. will offer shares in a price band of Rs 615-648 in the upcoming initial public offering, according to a public advertisement released on Monday. The IPO will be open between Oct. 3 and Oct. 7. The WeWork India IPO comprises only an offer for sale of over 4.6 crore equity shares aggregating up to Rs 3,000 crore. The company will not receive any proceeds from the share sale. Promoter Embassy Buildcon will offload 3.5 crore shares for Rs 2,294, and WeWork Global affil ...Read More >
New Delhi, Jul 20 (PTI) Coworking firm Indiqube Spaces Ltd, which will soon launch an initial public offering (IPO), has posted a net loss of ₹139.61 crore during the last fiscal on higher expenses. The net loss of Indiqube Spaces, which provides managed office spaces to corporates, stood at ₹341.50 crore during the 2023-24 fiscal. Its total income rose to ₹1,102.93 crore in 2024-25 from ₹867.66 crore in the preceding year, according to its red herring prospectus (RHP) filed with Sebi. Indiqu ...Read More >
WeWork India gets the green light from SEBI for its initial public offering. The IPO involves an offer for sale of over 43 million equity shares. Embassy Buildcon LLP and 1 Ariel Way Tenant Limited are the selling shareholders. JM Financial and ICICI Securities are among the book running lead managers. WeWork India Management Limited (WeWork India), one of India's leading flexible workspace operators, has received approval from the Securities and Exchange Board of India (SEBI) for its initial p ...Read More >
WeWork India Management Ltd. is set to launch its IPO in August, aiming to raise up to 35 billion rupees ($407 million). The IPO will involve the sale of up to 43.75 million shares, with controlling shareholder Embassy Buildcon LLP and investor 1 Ariel Way Tenant Ltd. offloading significant portions. WeWork India Management Ltd. began marketing an initial public offering in the South Asian nation to raise as much as 35 billion rupees ($407 million), according to people familiar with the matter. ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family ...Read More >
WeWork India Management Ltd. has secured regulatory approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated initial public offering. The IPO, structured entirely as an Offer for Sale (OFS), will see the divestment of up to 43,753,952 equity shares. Embassy Buildcon LLP, the principal promoter and majority stakeholder in WeWork India, is poised to offload as many as 33,458,659 shares. Additionally, 1 Ariel Way Tenant Limited will offer up to 10,295,293 shares. N ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming dam ...Read More >
New Delhi, Jul 15 (PTI) Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offering (IPO), enabling the promoters to monetise their investments amid record demand for office spaces across the top seven cities. Bengaluru-based WeWork India Management Ltd, which filed its Draft Red Herring Prospectus (DRHP) in February, obtained observations from the markets regulator on July 8, an update with the SEBI showed on Tuesday. Established in 2017, ...Read More >
MUMBAI, July 15 (Reuters) - Citibank India expects a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said. "Capital raising on the equity capital market side remains a big opportunity with a very strong pipeline and quite a few billion-dollar IPOs in that," K Balasubramanian, who leads the business in the Indian subcontinent, said in an interview in Mumbai late on Monday. Citiban ...Read More >
New Delhi, Jul 15 (PTI) Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offerings (IPOs), enabling the promoters to monetise their investments amid record demand of office spaces across the top seven cities. Bengaluru-based WeWork India Management Ltd, which filed its Draft Red Herring Prospectus (DRHP) in February, obtained observations from the markets regulator on July 8, an update with the SEBI showed on Tuesday. Established in 2017, ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to t ...Read More >
Mumbai, July 15: The Securities and Exchange Board of India (SEBI) has granted final approval to WeWork India Management Ltd to launch its initial public offering (IPO). The flexible workspace provider plans to float a public offer entirely through an Offer for Sale (OFS) of up to 43.75 million equity shares. As per the draft red herring prospectus, promoter Embassy Buildcon LLP will offload 33.46 million shares, while investor 1 Ariel Way Tenant Limited, will sell 10.29 million shares. WeWork I ...Read More >
New Delhi, Jul 15 (PTI) Premium flexible workspace operator WeWork India Management Ltd and helmets manufacturer Studds Accessories have received Sebi's go-ahead to float their Initial Public Offerings (IPOs). These companies, which filed their preliminary IPO papers with Sebi between February and March, obtained their observations on July 8, an update with the regulator showed on Tuesday. In Sebi's parlance, receiving observations is equivalent to getting the go-ahead to proceed with a public ...Read More >
New Delhi, Jul 15 (PTI) Premium flexible workspace operator WeWork India Management Ltd and helmets manufacturer Studds Accessories have received Sebi's go-ahead to float their Initial Public Offerings (IPOs). These companies, which filed their preliminary IPO papers with Sebi between February and March, obtained their observations on July 8, an update with the regulator showed on Tuesday. In Sebi's parlance, receiving observations is equivalent to getting the go-ahead to proceed with a public ...Read More >
WeWork India's public issue is back on track. The Securities and Exchange Board of India (SEBI) has removed the coworking major's draft IPO papers from its abeyance list and is now actively re-evaluating the company's DRHP, according to an update on SEBI's website. This development comes more than three months after the regulator had put the listing bid on hold. In SEBI parlance, keeping a DRHP "in abeyance" typically signals a pause pending further clarification, investigation, or regulatory a ...Read More >
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