WeWork India IPO sails through on last day; subscribed 1.15 times

WeWork India’s initial public offer successfully concluded, achieving 1.15 times subscription, primarily driven by institutional buyers. The Rs 3,000-crore offer for sale saw strong interest from Qualified Institutional Buyers, while retail and non-institutional investor portions were undersubscribed. The listing aims to enhance visibility and provide liquidity for existing shareholders.

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