Wework India’s RS 3000-Crore Initial Public Offer (IPO) started its second subscription day on Monday. By the end of day 1, the IPO saw a modest reaction, with only 4% of the total issue subscribed. Bids were received for 11.12 Lakh shares from the shares offered of 2.54 crore. In the Gray Market, the proportion […]
In the past two years, investors have witnessed a wave of flexible workspace providers who enter the capital markets. From AWFIS room to Indiqube and SmartWorks, a series of operators has launched IPOs, driven by a structural bullish outlook for new-age workplaces. Wework India is the last to participate in this trend with an RS […]