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WeWork India's ₹3,000cr IPO now open: Should you subscribe?
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NewsBytes
WeWork India , a leading provider of flexible workspaces, has launched its initial public offering (IPO) today.
Offer specifics IPO details The IPO comprises 4.62 crore shares worth ₹3,000 crore.
Business growth About WeWork India Founded in 2017, WeWork India is the largest premium flexible workspace provider in the country.
Valuation perspective Analyst views on the issue At the upper price band, WeWork India's stock is valued at 65 times FY25 earnings.
Analysts are divided on valuations with Canara Bank Securities recommending to subscribe despite the IPO appearing on the higher end compared to peers.