India, July 30 -- India's coworking sector is going through a boom. After the Awfis listing last year, Smartworks and IndiQube went public in 2025. Next up, the likes of WeWork India, DevX and The Executive Centre are waiting in the wings with their own IPOs.

WeWork India's listing is being seen as the litmus test after the relatively smaller public issues in this sector as the company is expected to raise between INR 3,500 Cr and INR 4,000 Cr. With such a large potential issue, WeWork is definitely stoking the fires when they are already hot.

But as ever, the question is: is WeWork India actually a right investment for retail investors, particularly at the IPO stage?

That's because WeWork's issue is a 100% offer for sale (OFS), which ...