Description
WeWork India Management Limited's equity shares admitted to trading on NSE Capital Market segment effective October 10, 2025 following its IPO at issue price of Rs. 648 per share.
Summary
NSE has admitted equity shares of WeWork India Management Limited to trading on the Capital Market segment effective October 10, 2025. The company’s IPO consists of 134,023,259 equity shares of face value Rs. 10 each, issued at Rs. 648 per share. The stock will trade under symbol WEWORK (ISIN: INE085001019) with a market lot size of 1 share. The security will be part of the pre-open session for IPO category scrips as per SEBI guidelines.
Key Points
- Trading Symbol: WEWORK
- ISIN: INE085001019
- Face Value: Rs. 10 per share
- Issue Price: Rs. 648 per share
- Total Securities: 134,023,259 equity shares
- Market Lot: 1 share
- Trading Effective Date: October 10, 2025
- Series: EQ (Equity)
- Pari Passu: Yes
- Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Regulatory Changes
No regulatory changes. This is a standard listing circular issued pursuant to Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Members must identify the security by its designated code (WEWORK) for trading purposes
- Trading shall be in the specified market lot size of 1 share
- The security will participate in pre-open session for IPO category as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012
- Lock-in restrictions apply to specific share tranches as detailed in Annexure I
Important Dates
- Circular Date: October 09, 2025
- Trading Commencement: October 10, 2025
- Lock-in Expiry Dates (varies by shareholder category):
- November 06, 2025 (for 370,380 and 10,032,906 shares)
- January 05, 2026 (for 740,762 and 20,806,549 shares)
- April 10, 2026 (for 46,296,296, 80,176,960, 122,504,497, and 134,023,259 shares)
- April 10, 2027 (for 54,805,510 and 124,914,526 shares)
- Financial Year: April 2025 - March 2026
Impact Assessment
Market Impact: Medium - The listing adds a significant new equity security to NSE with substantial issued capital of over 134 million shares at a premium issue price. WeWork India operates in the co-working space sector, expanding market options for investors in commercial real estate and workspace solutions.
Operational Impact: The listing follows standard IPO procedures with pre-open session participation, ensuring orderly price discovery on the first trading day. Various lock-in periods (ranging from 1 month to 2 years) provide stability by restricting immediate sale of promoter and pre-IPO holdings.
Company Details:
- Registered Office: Bengaluru, Karnataka
- Contact: +91 88 8456 4500
- Website: www.wework.co.in
- Company Secretary: Mr. Udayan Shukla
Shareholding Pattern: Filed under Regulation 31(1)(a) of SEBI LODR with post-issue date of October 08, 2025. No partly paid shares, convertible securities, warrants, or outstanding ESOPs issued.
Impact Justification
New IPO listing of WeWork India with 134 million shares, significant size but routine listing process with standard lock-in periods