Mumbai: WeWork India has announced its upcoming initial public offering (IPO), which will open for public subscription on October 3 and close on October 7. The price band has been fixed between Rs 615 and Rs 648 per share. This issue will be entirely an Offer-for-Sale (OFS) worth Rs 3,000 crore, meaning the company itself will not receive any funds raised.
The IPO is expected to give the company better visibility and offer liquidity to existing shareholders. The listing will take place on October 10 on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Read Also Hotel Polo Towers, Bombay Coated & Special Steels, APPL Containers, File Papers With SEBI To...
The IPO comprises the sale of up to 4.63 crore shares by the promoter group and existing investor. Embas