WeWork India IPO Sees Moderate Demand, Subscribed 1.15x by Day 3
Last Updated: 7th October 2025 - 06:07 pm
WeWork India Management Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third day of subscription. The stock price band is set at ₹615-648 per share. The ₹3,000.00 crore IPO reached 1.15 times by 5:04:41 PM on day three.
WeWork India IPO qualified institutional buyers (ex-anchor) segment leads with moderate 1.79 times subscription. Employees demonstrate moderate participation at 1.87 times. Retail investors show limited interest at 0.62 times. Non-institutional investors display limited participation at 0.23 times. Anchor investors show complete participation at 1.00 times.
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Subscription Status of WeWork India IPO:
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Employee | Total |
| Day 1 (October 03) | 0.02 | 0.02 | 0.00 | 0.04 | 0.15 | 0.90 | 0.04 |
| Day 2 (October 06) | 0.09 | 0.06 | 0.05 | 0.09 | 0.38 | 1.44 | 0.14 |
| Day 3 (October 07) | 1.79 | 0.23 | 0.23 | 0.21 | 0.62 | 1.87 | 1.15 |
Here are the subscription details for WeWork India IPO as of Day 3 (October 7, 2025, 5:04:41 PM):
WeWork India IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 2,08,06,548 | 2,08,06,548 | 1,348.26 |
| QIB (Ex Anchor) | 1.79 | 1,38,71,031 | 2,47,66,584 | 1,604.88 |
| NII (HNI) | 0.23 | 69,35,516 | 15,68,117 |
101.61 |
| Retail Investors | 0.62 | 46,23,677 | 28,75,161 | 186.31 |
| Employees | 1.87 | 59,524 | 1,11,481 | 7.22 |
| Total | 1.15 | 2,54,89,748 | 2,93,21,343 | 1,900.02 |
Key Highlights - Day 3:
- Overall subscription reached moderate 1.15 times, showing exceptional improvement from day two's 0.14 times
- Qualified institutional buyers (ex-anchor) displaying moderate confidence at 1.79 times, building substantially from day two's 0.09 times
- Employees showing moderate performance at 1.87 times, building substantially from day two's 1.44 times
- Retail investors displaying limited confidence at 0.62 times, building substantially from day two's 0.38 times
- Total applications reached 86,212, indicating moderate investor participation for this mainboard IPO
- Cumulative bid amount reached ₹1,900.02 crores against the issue size of ₹3,000.00 crores
WeWork India IPO - Day 2 Subscription at 0.14 Times
Key Highlights - Day 2:
- Overall subscription reached limited 0.14 times, showing substantial improvement from day one's 0.04 times
- Employees displaying moderate confidence at 1.44 times, building substantially from day one's 0.90 times
- Retail investors showing limited performance at 0.38 times, building substantially from day one's 0.15 times
- Qualified institutional buyers (ex-anchor) showing minimal performance at 0.09 times, building substantially from day one's 0.02 times
- Total applications reached 51,601, indicating minimal investor participation for this mainboard IPO
- Cumulative bid amount reached ₹224.57 crores against the issue size of ₹3,000.00 crores
WeWork India IPO - Day 1 Subscription at 0.04 Times
Key Highlights - Day 1:
- Overall subscription reached limited 0.04 times, showing very cautious initial investor interest
- Employees displaying strong confidence at 0.90 times, showing positive employee sentiment
- Retail investors showing limited performance at 0.15 times, indicating weak retail appetite
- Qualified institutional buyers (ex-anchor) showing minimal performance at 0.02 times, indicating very weak institutional appetite
- Non-institutional investors displaying minimal confidence at 0.02 times, showing very weak HNI sentiment
- Total applications reached 19,737, indicating minimal investor participation for this mainboard IPO
- Cumulative bid amount reached ₹73.65 crores against the issue size of ₹3,000.00 crores
About WeWork India Management Limited
Incorporated in 2016, WeWork India Management Limited is a flexible workspace operator providing comprehensive array of flexible workspace solutions including custom-designed buildings, enterprise office suites, managed offices, private offices, and co-working spaces, operating 68 operational centres with 114,077 desks capacity across eight cities in India with Bengaluru and Mumbai contributing significant portion of revenue.
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