WeWork India Share Price: WeWork India Management Ltd, the co-working space operator backed by Embassy Group, made its market debut on Friday, listing at Rs 632 per share on the exchanges.

The price is slightly below the upper end of the IPO price band of Rs 615–Rs 648, valuing the company at around Rs 8,685 crore.

At the listing price, the stock opened flat, slipping by Rs 16 or 2.47 per cent to trade at Rs 632, compared to the issue’s upper price band.

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The performance reflects a cautious start for the highly anticipated IPO of the country’s largest flexible workspace provider.

WeWork India Investor Response

WeWork India’s Rs 3,000-crore initial public offering (IPO) had received moderate investor response. The issue was subscribed 1.15 times

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