WeWork IPO Off To A Slow Start, Subscribed 2% On Day 1 So Far

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SUMMARY

WeWork IPO received bids for 5.1 Lakh shares as against 2.54 Cr shares on offer as of 12:15

The employees’ portion saw highest subscription at 0.57X, receiving bids for 33K Cr shares against 59K shares on offer

WeWork India has set a price band of INR 615 to INR 648 for its public issue, which solely comprises an offer for sale of up to 4.62 Cr equity shares

Coworking space provider WeWork India IPO got off to a slow start, with the public issue subscribed 2% as of 12:15 on the first day of bidding. The IPO…



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WeWork IPO Off To A Slow Start, Subscribed 2% On Day 1 So Far


SUMMARY

WeWork IPO received bids for 5.1 Lakh shares as against 2.54 Cr shares on offer as of 12:15

The employees’ portion saw highest subscription at 0.57X, receiving bids for 33K Cr shares against 59K shares on offer

WeWork India has set a price band of INR 615 to INR 648 for its public issue, which solely comprises an offer for sale of up to 4.62 Cr equity shares

Coworking space provider WeWork India IPO got off to a slow start, with the public issue subscribed 2% as of 12:15 on the first day of bidding. The IPO…



Source link

Disclaimer

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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