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WeWork India IPO: The initial public offering (IPO) of WeWork India Management Ltd concluded for subscription on October 7, with the issue subscribed 1.15 times, according to the provisional exchange data. The flexible workspace operator aims to raise Rs 3,000 crore through the public offering.

The basis of allotment is expected to be finalised today, October 8, after which the credit of shares will be initiated to the respective demat accounts of successful bidders.

Investors can check their allotment status on the websites of BSE, NSE, or the issue registrar, MUFG Intime India.

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Here's a step-by-step guide on how you can check your allotment status online:

1) Visit the BSE IPO allotment page

2) Select "Equity" under Issue Type

3) Choose "WeWork India Management Limited" from the dropdown

4) Enter your PAN or application number

5) Verify the captcha and click search

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1) Visit the NSE IPO allotment page

2) Select "Equity and SME IPO bids"

3) Choose "WeWork India Management Limited"

4) Enter your PAN and application number

5) Click submit

1) Visit the MUFG Intime India IPO page

2) Select "WeWork India Management Limited"

3) Enter PAN, application number, DP ID, or Client ID

4) Click search to view your allotment status

Overall, investors bid for 2.92 crore shares against the total 2.54 crore shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) portions booked 1.79 times, 0.23 times and 0.61 times, respectively.

WeWork India Management Limited's ongoing IPO has an issue size of Rs 3,000 crore, comprising an entirely offer for sale (OFS) of up to 4.63 crore equity shares with no fresh issue component.

Being an entirely OFS, the IPO proceeds will go directly to the existing shareholders who are releasing their shares and not to the company. 

Price band: Rs 615 to Rs 648 per equity share

Lot size: 23 shares, with a minimum investment of Rs 14,904

Listing date: Tentatively on October 10 on BSE and NSE

WeWork India Management Limited is a premium flexible workspace operator in India, founded in 2017.

The company operates across Tier-1 cities such as Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, managing about 77 lakh sq ft of space with a desk capacity of 1.03 lakh.

Financially, the company's revenue rose 19.3 per cent year-on-year to Rs 535.3 crore in Q1 FY26. Net loss narrowed to Rs 14.1 crore, compared with Rs 29.1 crore in the same period last year.

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