The GMP for the WeWork India IPO has now dropped to zero, indicating a flat listing for the mainboard issue. (Photo source: Canva AI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

WeWork India Management Ltd., backed by Embassy Group, which launched its initial public offering on October 3, will close for subscription today, October 7.

The company that is looking to raise Rs 3,000 crore through the sale of equity, received a muted response from investors on Monday. Only 13% of the public issue was booked on the second day of subscription, with investors bidding for 34,25,390 shares against the 2,54,89,748 on offer.

The grey market premium for the mainboard issue has now dropped to zero indicating a flat listing for the mainboard issue.

Here is a look at the latest gre

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