WeWork India IPO subscribed 1.15 times on Day 3; Check latest GMP, subscription status, other details here

IPO News Today: WeWork India's IPO concluded its final bidding round on Tuesday, 7 October 2025, after the company's public issue received positive bids from all investor segments.

After the third day of bidding, the initial public offering (IPO) of WeWork India recorded a 1.15 times booking as investors bid for a total of 2,92,68,374, or more than 2.9 crore, equity shares, compared to the 2,54,89,748 shares on offer.

The BSE IPO data show that the Qualified Institutional Buyers (QIBs) portion witnessed the heaviest booking among the three investor segments. The QIB portion was booked 1.79 times with 2,47,66,584 bids, compared to the 1,38,71,033 shares on offer.

The retail investor portion was booked 61% as investors subscribed to 28,22,192 shares, compared to the 46,23,677 shares on offer. The Non-Institutional Investors (NIIS) portion was booked the least, with investors coming in to subscribe 23% with 15,68,117 shares bid, compared to the 69,35,515 shares on offer.

WeWork India IPO latest GMP

As of Tuesday, 7 October 2025, the grey market premium (GMP) for the WeWork India IPO stood at ₹0 per share. With the upper price band of the public issue at ₹648 apiece, the company shares are expected to be listed with a 0% potential gain in the Indian stock market.

The grey market premium (GMP) is an indicator which shows the investors' willingness to invest in a primary issue.

WeWork India IPO details

WeWork India is offering a book-built issue comprising an entirely Offer for Sale (OFS) of up to 4.63 crore equity shares with a face value of ₹10 per share. However, there is no fresh issue portion in this initial public offering.

The funds raised from the public issue will go towards the promoters selling stakeholding in the firm, and the company will not receive any share of the money raised.

The company fixed the price band of the public issue in the range of ₹615 to ₹648 per equity share, with a lot size of 23 equity shares per lot.

JM Financial Ltd, ICICI Securities Ltd, Jefferies India Pvt. Ltd, Kotak Mahindra Capital Co. Ltd, 360 ONE WAM Ltd are the book-running lead managers for the public issue, while MUFG Intime India Pvt Ltd (Formerly Link Intime India Pvt Ltd) is the registrar to the offer.

Read all IPO news here

Read all stories by Anubhav Mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.