Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
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.
Denne historien er fra September 30, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Vodafone Idea seeks further relief on AGR dues in SC plea
Vodafone Idea, which owes ₹83,400 crore in AGR dues, had sought a ₹45,000 crore waiver
2 mins
September 30, 2025
Mint Mumbai
ECB in talks to ease extra capital rules
The European Central Bank (ECB) is in talks with major banks about relaxing extra capital rules for lenders working with India’s sovereign bond clearing house, after a regulatory dispute with New Delhi threatened to disrupt billions of rupees in government debt and interest-rate derivatives trading.
1 min
September 30, 2025
Mint Mumbai
Indian auto chases Europe EV dream
Cos acquire struggling European firms for design, expertise
2 mins
September 30, 2025
Mint Mumbai
Focus back on TCS woes as former Al boss quits
Tata Consultancy Services Ltd's struggle to sell AI services and products to clients is back in the spotlight, even as the legacy offshoring business grapples with uncertain demand and barriers in the US, its largest market.
2 mins
September 30, 2025
Mint Mumbai
India plans to slash red tape, roll out red carpet for FDI
The effort is led by DPIIT under the commerce ministry, which oversees FDI policy review
2 mins
September 30, 2025
Mint Mumbai
Personal shoppers lift India’s premium fashion retail sales
Stylists help customers mix and match outfits, boosting confidence and setting brands apart
2 mins
September 30, 2025
Mint Mumbai
Peet’s Coffee latest in foreign F&B brands wooing India
India is fast emerging as a hub for international food and beverage (F&B) brands, driven by rising affluence, a young aspirational consumer base, and delivery platforms like Zomato and Swiggy that lower operating costs.
2 mins
September 30, 2025
Mint Mumbai
Sahara arm seeks nod for Adani sale
The Sahara India Commercial Corp. Ltd (SICCL) has moved the Supreme Court seeking its permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Pvt. Ltd.
1 min
September 30, 2025
Mint Mumbai
Pentagon pushes to double missile production for potential China conflict
Military leaders are urging defense contractors to increase assembly of 12 critical weapons
4 mins
September 30, 2025
Mint Mumbai
Kedaara raises funds for first CV for assets
Kedaara Capital Investment Management Ltd, one of India’s largest local private equity firms, has closed its first continuation vehicle (CV) at $300 million, people familiar with the matter said.
1 min
September 30, 2025
Listen
Translate
Change font size