India, July 31 -- What's In WeWork India's IPO Fate?

After Awfis went public in 2024, followed by Smartworks and IndiQube this year, all eyes are now on WeWork India. Earlier this month, WeWork India received SEBI's nod for its INR 3,500 Cr to INR 4,000 Cr public issue, which will solely comprise a 100% offer for sale.

While early backers are expected to cash in on the listing, can the IPO deliver sustainable returns for retail investors?

Ghost Of The Past: The biggest reputational risk to WeWork India comes from the troubled past of its global parent WeWork Inc., which filed for bankruptcy in 2023 and was subsequently sold. The global entity's 27% stake in the Indian company also raises red flags around governance and transparency.

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