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Coworking space giant WeWork India Management has secured approval from the capital markets regulator SEBI to launch its market debut.
WeWork’s initial public offering (IPO) will comprise solely an offer-for-sale (OFS) component of up to 4.4 Cr equity shares. Out of these, the company’s parent entity Embassy Buildon LLP will offload 3.3 Cr shares and the rest of the equity shares will be diluted by WeWork’s affiliate 1 Ariel Way Tenant Limited.
WeWork has onboarded JM Financial Limited,…
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Coworking space giant WeWork India Management has secured approval from the capital markets regulator SEBI to launch its market debut.
WeWork’s initial public offering (IPO) will comprise solely an offer-for-sale (OFS) component of up to 4.4 Cr equity shares. Out of these, the company’s parent entity Embassy Buildon LLP will offload 3.3 Cr shares and the rest of the equity shares will be diluted by WeWork’s affiliate 1 Ariel Way Tenant Limited.
WeWork has onboarded JM Financial Limited,…
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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