WeWork India IPO Back On Track

As per the latest update on SEBI website, the regulator is currently processing or re-evaluating the coworking major’s DRHP

As per reports, the reason behind SEBI’s action was a delay in exchange disclosure by Embassy Office Parks, a company backed by WeWork India’s parent Embassy Group

WeWork India’s IPO will comprise solely an offer-for-sale (OFS) component of up to 4.4 Cr shares

Over three months after it kept WeWork India’s draft IPO papers in abeyance,…