India, Oct. 3 -- The WeWork India IPO is likely to see flat to high demand when it opens for subscription today, as the grey market premium has risen over the price band.

As on 1 October, the WeWork India IPO GMP was Rs.15/share, indicating a premium of 2.38% over and above the price band of Rs.615-645, implying a modest premium upon listing. An investor has to set aside at least Rs.15,000 to subscribe to the offering.

1. Price Band & Issue Type: The IPO price band is officially fixed at Rs.615 to Rs.648 per share of face value Rs.10. It is a 100% offer-for-sale-no fresh shares will be issued. Meaning, the proceeds will go only promoters Embassy Group and WeWork Global.

2. Anchor Investor Book & Pricing: The anchor book was subscribed ...