WeWork India Management Ltd., aims to raise Rs 3,000 crore through the sale of equity. (Photo source: WeWork) Show Quick Read Summary is AI Generated. Newsroom Reviewed

WeWork India Management Ltd.'s initial public offering opened for its final day of subscription on Tuesday. The IPO was subscribed 0.13 time or 13% led by employee reserved on its second day of subscription on Monday. Meanwhile, the IPO was subscribed 0.04 times or 4% on its first day on Friday.

The company aims to raise Rs 3,000 crore through the sale of equity. The IPO opens on Oct. 3 and closes on Oct. 7. The price band for the IPO is set between Rs 615 and Rs 648 per share.

The IPO comprises an offer-for-sale component consisting of 4.62 crore shares of Rs 10 face value each.

Promoter Embassy Buildcon LLP will

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