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 […]
Co-Working Major Wework India is preparing to launch its first public offer (IPO) on 3 October, where people are aware of the issue that holds the problem size to almost RS 3,000 crore. The issue will be closed on October 7, whereby bidding for anchor investors who open a day on October 1, according to […]
Mumbai: The Indian market regulator speeds up the approvals of initial public offers (IPOs) and encourages an already strong pipeline of stock sales that could reach a record this year, according to sources for legal and investment banking. The Securities and Exchange Board of India (Sebi) will try to approve a majority of the IPOs […]