Commercial RE/Flex - Listed on 10 October 2025
WeWork India Management (Commercial RE/Flex) closed its IPO window in 2025 and listed on NSE and BSE on 10 October 2025 at an upper band issue price of Rs 648, opening at Rs 650 for a listing gain of +0.3% and closing day one at Rs 628.65 (-3.0% on closing basis). The IPO was subscribed 1.15x overall - QIB 1.79x, HNI/NII 0.23x, Retail 0.61x. The total issue size was Rs 3,000 Cr (Fresh Issue Rs 0 Cr, OFS Rs 3000 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Commercial RE/Flex
WeWork India Management operates in the Commercial RE/Flex space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The WeWork India Management issue was offered at an upper price of Rs 648 and raised approximately Rs 3,000 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +2.31% |
| Day 2 | Rs 15 | +2.31% |
| Day 3 | Rs 15 | +2.31% |
| Day 4 | Rs 6 | +0.93% |
| Day 5 | Rs 6 | +0.93% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the WeWork India Management IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
WeWork India Management IPO listed at +0.3% versus the upper issue price of Rs 648 on 10 October 2025.
WeWork India Management IPO was subscribed 1.15x overall. QIB portion was subscribed 1.79x, HNI / NII 0.23x and Retail 0.61x.
IPO GMP started at Rs 15 on Day 1 and moved to Rs 6 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.