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WeWork India preps ₹3,000 cr IPO in share sale by promoters
Mint Mumbai
|September 30, 2025
WeWork India Management Ltd, the country’s largest flexible workspace operator, will launch its initial public offering (IPO) on Friday as its shareholders plan to raise up t0 ₹3,000 crore.
WeWork India is looking to expand its presence.
(MIN)
The issue is set to be a pure offer for sale (OFS), with no fresh issue as promoter Embassy Buildcon LLP and investor LAriel Way Tenant (WeWork International) selling shares.
Currently, Embassy holds about 76.21% in WeWork India, while Ariel owns 23.45%. Post IPO, Embassy will continue to hold around 50% of the business, while WeWork International's stake will be in the mid-teens.
“They won't exit fully,” said Karan Virwani, managing director and chief executive officer at WeWork India.
यह कहानी Mint Mumbai के September 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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