WeWork India shares fall ~3% on trading debut amid valuation worries

WeWork India falls on debut; valuation and governance concerns dampen investor enthusiasm.

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WeWork India shares fall ~3% on trading debut amid valuation worries

WeWork India shares fall ~3% on trading debut amid valuation worries
WeWork India’s IPO debut saw its stock dip ~3% from the listing price, as concerns about its valuation and corporate governance took precedence. The shares opened just above the issue price of ₹648 but slipped as low as ₹614.25 during the session. The firm is now valued at ~₹84,250 crore (~$950 million) post-listing. Analysts say early volatility reflects investor caution in co-working names and aggressive pricing.
Companies:
  • WeWork India
Tags:
  • IPO
  • India