WeWork India IPO To Open On Friday, Price Band Set At INR 615-648

The public issue will solely comprise an offer for sale of up to 4.62 Cr equity shares, as per the company’s red herring prospectus (RHP)

While Embassy Buildcon LLP will offload up to 3.54 Cr shares via the OFS, 1 Ariel Way Tenant Limited will sell up to 1.08 Cr shares

The offer will close on October 7, while the bidding for anchor investors would take place on October 1

Coworking space provider WeWork India has set a price band of INR 615 to INR 648 for its IPO,…