WeWork India IPO 2025: Complete Guide to Price Band, GMP, Allotment & Listing

I still remember the first time I walked into a WeWork center in Bengaluru. The buzz of conversations, the smell of freshly brewed coffee, and rows of freelancers and startups working shoulder to shoulder. At that moment, it didn’t feel like an office, it felt like a community. Fast forward to today, and the same company — WeWork India — is coming out with its Initial Public Offering (IPO). Naturally, many of us are asking: is this an opportunity worth grabbing?In this article, I’ll walk you through all the details of the WeWork India IPO — what the company does, key IPO dates and numbers, its financial story, the much-discussed Grey Market Premium (GMP), and my take on whether you should consider investing.

What is WeWork India?

WeWork India is the Indian arm of the global coworking giant. Unlike its U.S. parent, which has had a rollercoaster history, WeWork India is run independently under the Embassy Group. It started operations in 2016 and has since built one of the largest coworking networks in India, spread across major cities like Bengaluru, Mumbai, Delhi, and Hyderabad.

The company provides flexible workspaces — from single desks for freelancers to entire floors for corporations. As hybrid work became more common after the pandemic, demand for such spaces surged. Big names, including startups and multinationals, lease offices at WeWork India centers, giving the brand a strong market presence.

Key IPO Details

Now, let’s get straight to the IPO itself. Here are the important details you need to know:

• IPO opening date: October 3, 2025
  
• IPO closing date: October 7, 2025
  
• Price band: ₹615 to ₹648 per share
  
• Lot size: 23 shares per lot (minimum investment ~₹14,904 at upper band)
  
• Total issue size: 4.62 crore shares (Offer for Sale only, no fresh issue)
  
• Promoter selling shareholder: Embassy Buildcon LLP (35.4 million shares)
  
• Investor selling shareholder: 1 Ariel Way Tenant Limited (10.8 million shares)
  
• Allocation: QIBs (75%), Non-institutional investors (15%), Retail investors (10%)
  
• Registrar: MUFG Intime India Private Limited
  
• Stock exchanges: NSE and BSE
  

So yes, this entire IPO is an Offer for Sale (OFS). That means no new money will go into the company. Instead, existing shareholders will be offloading part of their stake.

Allotment and Listing Dates

If you’re planning to apply, here are the dates you need to mark:

• Allotment date: October 8, 2025
  
• Refunds (for those who don’t get allotment): October 9, 2025
  
• Shares credited to demat accounts: October 9, 2025
  
• Listing date: October 10, 2025
  

You’ll be able to check your allotment status through the registrar’s website (MUFG Intime) or directly with your broker.

WeWork India’s Financial Story

The financials give us the real picture. Over the last few years, WeWork India has shown solid revenue growth. Its revenue for FY25 stood at around ₹5,000 crore, up from ₹4,300 crore in FY24. That’s a healthy jump.

What caught everyone’s eye was profitability. After years of losses, WeWork India posted a net profit in FY25. However, there’s a catch — in Q1 of FY26 (April–June 2025), the company slipped back into a loss of ₹1,414 crore. This inconsistency raises questions about whether the profitability is sustainable or just a one-off.

On the valuation side, at the upper price band of ₹648, the IPO values the company at nearly ₹86,850 crore. That’s a big number for a business still navigating profitability.

Grey Market Premium (GMP) – Latest Update

One of the most common questions investors ask is about the WeWork India IPO GMP. The Grey Market Premium gives a sneak peek into how the market feels about the IPO before listing.

As of today, the GMP for the WeWork India IPO is hovering around ₹15 per share. That’s roughly a 2.3% premium over the upper end of the price band (₹648). In simple terms, if the trend holds, the shares could list slightly above the issue price.

But let’s keep expectations in check. A ₹15 GMP is modest. It signals that there is some demand, but not an overwhelming buzz. And since GMP is unofficial and unregulated, it can change quickly — sometimes within hours. Think of it more as a market sentiment indicator rather than a reliable forecast.

Risks to Keep in Mind

Investing in the stock market is always about weighing opportunity against risk. With the WeWork India IPO, here are a few things you should think about:

• No fresh capital: Since it’s an OFS, WeWork India won’t receive any new funds to fuel growth.
  
• High fixed costs: Running large office spaces means heavy rentals and long-term commitments.
  
• Competition: Players like Awfis, Smartworks, and even traditional office leasing companies are strong competitors.
  
• Global brand baggage: Though WeWork India is separate, the collapse of WeWork in the U.S. still lingers in investor memory.
  

Should You Apply?

Here’s my personal view: If you’re applying for quick listing gains, the weak GMP might make you pause. The demand in the grey market doesn’t indicate a big opening pop.

But if you believe in the long-term story of coworking and WeWork India’s brand presence in India, this could be a play worth considering for a small portion of your portfolio.

I’m personally curious to see how the listing unfolds. The coworking industry isn’t going away anytime soon, but whether WeWork India can balance growth with profitability is the million-rupee question.

Final Thoughts

The WeWork India IPO is one of the most talked-about issues of 2025. It represents a bold move for a company that has captured the imagination of India’s urban workforce. Still, it comes with its fair share of risks.

My advice? Read, reflect, and only invest what you can afford to keep aside for the long term. IPOs can be exciting, but they’re not lottery tickets.

And if you’ve ever sipped coffee at a WeWork while dreaming of building your startup, you’ll know that this IPO isn’t just about shares — it’s about whether flexible workspaces can truly be the future of work in India.