WeWork India IPO Disappoints: Lists Flat vs. Issue Price

WeWork India IPO failed to gain early secondary market momentum.

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WeWork India IPO Disappoints: Lists Flat vs. Issue Price

WeWork India IPO Disappoints: Lists Flat vs. Issue Price
WeWork India made a muted market debut at ₹650 per share, just above its ₹648 issue price, reflecting cautious investor sentiment despite strong IPO demand. The stock traded flat through early sessions as investors awaited clarity on occupancy and profitability outlook. Analysts noted that while the company’s flexible workspace model remains attractive, near-term valuation concerns and competitive pressures weighed on listing-day enthusiasm. The IPO had been subscribed over 22 times across investor categories.
Companies:
  • WeWork India
Tags:
  • WeWork India
  • IPO