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WeWork India IPO Surges to 100% Subscription in 3 Days

10/8/2025

27 2 Full Breakdown

Summary

Story summary

WeWork India’s IPO subscription reached 100% by Day 3, up from 13% on Day 2.
Grey-market quotes imply a Rs 5 premium, suggesting a listing price near Rs 653.
The Indian flexible-workspace market is seen to grow 21-22% CAGR through FY27, with WeWork at 25% share.
The IPO is a pure offer-for-sale, priced Rs 615-648, closing October 7, 2025.

History

Historical Context

In 2021, India's startup ecosystem thrived, producing over 50 unicorns, including Zomato and Paytm. This growth aligns with a global trend towards remote work, accelerated by the COVID-19 pandemic. The flexible workspace market, projected to grow at a 21-22% CAGR, saw WeWork capturing a 25% market share, reflecting the increasing demand for adaptable work environments.

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Story summary

WeWork India’s IPO subscription reached 100% by Day 3, up from 13% on Day 2.
Grey-market quotes imply a Rs 5 premium, suggesting a listing price near Rs 653.
The Indian flexible-workspace market is seen to grow 21-22% CAGR through FY27, with WeWork at 25% share.
The IPO is a pure offer-for-sale, priced Rs 615-648, closing October 7, 2025.

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