Mumbai: WeWork India’s much-awaited initial public offering (IPO) has opened today, October 3, with a price band set at Rs 615–648 per share. The issue is entirely an offer-for-sale (OFS), with no fresh issue of shares. The IPO will remain open until October 7 and aims to raise Rs 3,000 crore. A total of 4.62 crore shares are being sold by existing shareholders — mainly promoter Embassy Buildcon LLP, offloading 3.54 crore shares, and 1 Ariel Way Tenant Ltd, selling up to 1.09 crore shares. Investors can bid for a minimum of 23 shares and in multiples thereafter. Read Also WeWork India IPO Opens Soon, Price Band Set At ₹615-648 Per Share; Listing On BSE & NSE On October...

The allocation is structured with up to 75 percent reserved for qualified institutional buyers (QIBs), 15 percent

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