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WeWork India Management Limited has received approval from the Securities Exchange Board of India (SEBI) to float its Initial Public Offering. The IPO will be a pure offer for sale (OFS) of up to 4.37 crore equity shares, enabling a partial exit opportunity for its promoter and existing investor.
According to its Draft Red Herring Prospectus, Embassy Buildcon LLP, the promoter entity, will offload 3.34 crore shares. At the same time, 1 Ariel Way Tenant, an affiliate of WeWork…
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WeWork India Management Limited has received approval from the Securities Exchange Board of India (SEBI) to float its Initial Public Offering. The IPO will be a pure offer for sale (OFS) of up to 4.37 crore equity shares, enabling a partial exit opportunity for its promoter and existing investor.
According to its Draft Red Herring Prospectus, Embassy Buildcon LLP, the promoter entity, will offload 3.34 crore shares. At the same time, 1 Ariel Way Tenant, an affiliate of WeWork…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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