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Incorporated on May 2016, WeWork India Management Limited is an operator of flexible workspace in India.The company offers a full range of flexible workspace options, including custom-designed buildings, floors and offices, enterprise office suites, managed offices customized to individual needs, private offices, co-working, and hybrid digital solutions.The company offers flexible, high-quality workspaces for members or clients. The company's customer base comprises large organizations, small organizations, start-ups, and professionals.The firm mostly sublets Grade A office space from developers and runs them as adaptable workspaces. On June 30, 2024, 93% of its portfolio, which is 5.87 million square feet, consisted of Grade A developments, as reported by CBRE.As of September 30, 2024, the firm had 94,440 desks in 59 Operational Centres spanning 6.48 million square feet.The clients of the company are Amazon Web ServicesIndia Private 227Limited, JP MorganServices India Private Limited, DiscoveryCommunications India, Deutsche TelekomDigital Labs Private Limited, CBA Services Private Limited and Grant Thornton Bharat LLP.As of September 30, 2024, the company has branches in Pune, Bangaluru, Mumbai, Chennai, Hyderabad, Noida, Gurgaon and Delhi.As of September 30, 2024, the company had 523 permanent employees, including 15 from the subsidiaries.
Sotefin Bharat
Caliber Mining & Logistics
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 | |
Gulf Lloyds (India) SME | 20th Jul 2026 - 22nd Jul 2026 | 18.19 Cr | 1200 Shares | ₹ 100.00 |

Open Date
03 Oct 2025
Close Date
07 Oct 2025
Min Investment
₹14904
Lot Size
23 Shares
Issue Size
₹3000 Cr
Price Range
₹615 - ₹648
Listing Date
Oct 10, 2025
IPO Doc
RHP PDFRevenue Growth
Company Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders The company want to achieve the benefits of listing its shares on the stock exchanges.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders
The company want to achieve the benefits of listing its shares on the stock exchanges.
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|
| Revenue | 2024.00 | 1737.16 | 1422.77 |
| EBITDA | 1235.95 | 1043.79 | 795.61 |
| Expenses | |||
| Profit After Tax | 128.19 | -135.77 | -146.81 |
| Assets | 5391.67 | 4482.76 | 4414.02 |
| Net Worth | 199.70 | -437.45 | -292.11 |
| Reserves | 65.68 | -634.75 | -346.92 |
| Borrowing | 310.22 | 625.83 | 485.61 |
Work India Management
Live Subscription Details
View Subscription Details
Anchor Investor Shares Offered
QIB Shares Offered
NII (HNI) Shares Offered
bNII < ₹10L
sNII < ₹10L
Retail Shares Offered
Employee Shares Offered
Shares Offered / Reserved
Day 1 03-10-25 05:00 PM
Day 2 06-10-25 05:00 PM
Day 3 07-10-25 05:00 PM
Assets
Revenue
Profit After Tax
Net Worth
Reserves & Surplus
WeWork India
Awfis Space
Smartworks
IndiQube
N/A
N/A
MUFG Intime India Pvt.Ltd.
6th Floor, Prestige Central, 36, Infantry Road, Shivaji Nagar, Bengaluru, Karnataka - 560001
As of June 30, 2025, the company had 87,247 members, serving a wide set of marquee clients, including large enterprises, MNCs, startups and individuals. Revenue from existing customers contributed 45.39%, 51.79%, 57.84% and 34.50% of the desks sold, which does not include renewals in the Q1FY26 and FY25, FY24 and FY23, respectively. It has continuously expanded its Total Contract Value -Net Membership Fees, with a CAGR of 32.46% from FY23 to FY25.
The company’s top 10 landlords account for 34.31% of total operational lease area as of June 30, 2025, 34.33% in FY25 and 38.62% in FY24. If there are disruptions in the relationships with such landlords, a substantial percentage of its lease agreements may be terminated.
The company relies on third-party contractors for refurbishments and new centre developments. Past delays have already led to penalties, such as ₹4.19 crore paid in July 2022 for the late delivery of floors. Cost overruns, contractor disputes, or delays in landlord approvals could further strain financials and affect expansion plans.
The company is engaged in multiple disputes with landlords such as KGA Investments and Dimple Enterprises. KGA alleged dues of ₹32.44 crore for the Chromium property in Mumbai, while Dimple Enterprises has claimed ₹17.83 crore regarding the K Raheja Platinum property in Mumbai, alleging non-disclosure of material litigation in the DRHP. These unresolved disputes could expose the company to significant financial liabilities, reputational issues and impact operations.