Upcoming IPO, Feb. 2 -- Bengaluru-based workspace operator WeWork India has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), as it aims to raise funds from the Indian stock market.
WeWork India is a flexible workspace operator in India that provides workspaces to our customers, including companies of all sizes and startups. The company primarily gives Grade A office spaces on lease across Tier 1 cities.
WeWork India is offering a book-built public issue of an entire offer-for-sale (OFS) component of up to 4,37,53,952 or nearly 4.37 crore equity shares with a face value of Rs.10 per share, according to the DRHP data.
The total value of the public issue is not di...
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