Bombay HC Reserves Order On Plea Against WeWork India IPO

The petitioner contended that the failure to disclose all criminal proceedings against the company’s promoters in RHP compromised investor protection and market transparency

The coworking space provider’s INR 3,000 Cr public issue comprises solely an OFS component of up to 4.62 Cr equity shares

The company’s public issue closed with a 1.15X subscription, and is slated to hit the D-Street on October 10

The Bombay High Court (HC) yesterday reserved its order on a plea, which challenged the upcoming public listing…