neutral
WeWork India IPO Shows ₹15 GMP Currently in Grey Market
WeWork India’s IPO (3–7 Oct) is already being traded in the grey market at a ₹15 premium over the issue price band of ₹615–648, implying ~2.3% expected upside. The IPO is purely an offer for sale by promoters and will not raise fresh capital. Strong anchor backing (~₹1,348 crore raised) adds confidence, though modest GMP suggests tempered public optimism.
Companies:
- WeWork India
Tags:
- IPO
- WeWork India
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
neutral
WeWork India IPO Shows ₹15 GMP Currently in Grey Market
WeWork India’s IPO (3–7 Oct) is already being traded in the grey market at a ₹15 premium over the issue price band of ₹615–648, implying ~2.3% expected upside. The IPO is purely an offer for sale by promoters and will not raise fresh capital. Strong anchor backing (~₹1,348 crore raised) adds confidence, though modest GMP suggests tempered public optimism.
Companies:
- WeWork India
Tags:
- IPO
- WeWork India
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
1 min read
59 words
WeWork India IPO trades at ₹15 GMP (~2.3%) ahead of opening, with strong anchor interest.
WeWork India’s IPO (3–7 Oct) is already being traded in the grey market at a ₹15 premium over the issue price band of ₹615–648, implying ~2.3% expected upside. The IPO is purely an offer for sale by promoters and will not raise fresh capital. Strong anchor backing (~₹1,348 crore raised) adds confidence, though modest GMP suggests tempered public optimism.
WeWork India’s IPO (3–7 Oct) is already being traded in the grey market at a ₹15 premium over the issue price band of ₹615–648, implying ~2.3% expected upside. The IPO is purely an offer for sale by promoters and will not raise fresh capital. Strong anchor backing (~₹1,348 crore raised) adds confidence, though modest GMP suggests tempered public optimism.
Companies:
- WeWork India
Tags:
- IPO
- WeWork India
- IPO
- WeWork India
- GMP
- Real Estate