WeWork IPO Off To A Slow Start, Subscribed 2% On Day 1 So Far

WeWork IPO received bids for 5.1 Lakh shares as against 2.54 Cr shares on offer as of 12:15

The employees’ portion saw highest subscription at 0.57X, receiving bids for 33K Cr shares against 59K shares on offer

WeWork India has set a price band of INR 615 to INR 648 for its public issue, which solely comprises an offer for sale of up to 4.62 Cr equity shares

Coworking space provider WeWork India IPO got off to a slow start, with the public issue subscribed 2% as of 12:15 on the first day of bidding. The IPO…