WeWork India Management IPO — Date, Price Band, GMP & Allotment 2025

WeWork India Management Limited is a leading flexible workspace provider in India and operates as the exclusive licensee of the global WeWork brand. The company was originally incorporated in 2016 as Halosaur Bengaluru Private Limited and later rebranded to its current name the same year. It is promoted by the real estate-focused Embassy Group, led by Jitendra (Jitu) Virwani, with Karan Virwani playing a key role in management. Since its inception, the company has expanded its presence across major Indian cities by leveraging the growing demand for modern, flexible office solutions among startups, enterprises, and freelancers.
The company’s core offering includes fully managed coworking spaces, private offices, and enterprise solutions designed to global standards. Its business model is primarily based on leasing premium office spaces on long-term contracts, redesigning them into flexible workspaces, and sub-leasing them to clients on shorter, scalable terms. In addition, it follows an operator-led model where it manages spaces on behalf of landlords and earns revenue through membership fees and management contracts. Backed by strong real estate expertise and brand affiliation with WeWork Global, the company focuses on providing high-quality infrastructure, community-driven work environments, and flexible leasing solutions to businesses of all sizes.

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The WeWork India Management company's financial performance (in ₹ Cr.) is summarized below:

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