India’s co-working giant WeWork India is finally making its Dalal Street debut—and the timing couldn’t be more interesting. The company has locked in October 3 as the opening
India’s co-working giant WeWork India is finally making its Dalal Street debut—and the timing couldn’t be more interesting. The company has locked in October 3 as the opening date for its much-awaited initial public offering (IPO), with a price band of ₹615–648 per share.
At the higher end of the band, WeWork India aims to raise close to ₹3,000 crore, valuing the company at a hefty ₹8,685 crore.
This IPO is a pure offer for sale (OFS)—meaning no fresh shares are being issued. Instead, existing shareholders are cashing out:
Pre-IPO, Embassy Buildcon held 73.56–76.21%, while WeWork Global owned 22.64–23.45% of the Indian arm.
WeWork India has quietly built itself into a co-working behemoth, even as its global parent WeWork Inc. struggled with financial turbulence. For Indian investors, this IPO is a rare opportunity to tap into the country’s fast-growing flexible workspace market—which has seen explosive demand from startups, corporates, and hybrid-work adopters.
At nearly ₹9,000 crore valuation, WeWork India is betting big on:
Market watchers say this could be one of the most closely tracked IPOs of 2025, given WeWork’s global brand recognition and the rapid rise of co-working in India.
But here’s the catch: since it’s a full OFS, none of the proceeds will go into expansion or debt reduction—the money goes directly to existing shareholders.
That could be a red flag for some investors, while others may still bet on the company’s strong business fundamentals and sector momentum.
The WeWork India IPO is as much about optics as it is about numbers. A successful listing could not only give investors a new growth story in real estate + tech-enabled services, but also rewrite the troubled WeWork brand’s global narrative—this time from India.
