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WeWork India preps ₹3,000 cr IPO in share sale by promoters
Mint Bangalore
|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.
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.
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