WeWork India's ₹3,000-crore IPO opens with ₹615-648 price band
WeWork India's ₹3,000-crore IPO opened for subscription on Friday. The IPO price band is fixed at ₹615 to ₹648 per share. It's a 100% offer-for-sale, which means the proceeds will go only to promoters Embassy Group and WeWork Global. The flexible workspace operator allotted 2,08,06,548 equity shares to 67 anchor investors, raising ₹1,348.26 crore ahead of IPO at ₹648/share.