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WeWork IPO GMP, Subscription Status Live Updates: The much-anticipated WeWork India IPO opened for subscription today, October 3. This will be one of the more closely watched offers. The company is aiming to raise Rs 3,000 crore through the issue. The offer is priced in the range of Rs 615–648 per share and will close on October 7.

WeWork India IPO: It is an offer for sale

WeWork India’s IPO is entirely an exit route for its promoters and investors. The issue involves the sale of 4.62 crore shares, aggregating to Rs 3,000 crore, by Embassy Group and WeWork Global. This means that the company itself will not receive any proceeds from the IPO.

WeWork India IPO: Retail participation rules

For retail investors, the minimum application size is one lot of 23 shares, w

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