Shares of WeWork India Management are scheduled to commence trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today, 10 October, following an IPO that raised Rs 3,000 crore through an offer-for-sale of 4,62,96,296 equity shares. The IPO, which ran from 3 to 7 October, was priced in a band of Rs 615-648 per share with a lot size of 23 shares. Advertisement

However, muted bidding and a sharp drop in grey market premium (GMP) point to restrained listing expectations as the company takes its first step as a listed entity. Investor sentiment turned cautious ahead of the listing, with the GMP falling from around Rs 5 during the bidding phase to zero prior to debut.

This decline reflects ongoing market volatility and a string of recent underwhelming market debuts. As

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