Business
WeWork India IPO: Price Band Fixed At Rs 615-648; Check Opening Date, GMP, Lot Size
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WeWork India IPO GMP: Unlisted shares of WeWork India Ltd are currently trading at zero, meaning flat or negative listing gains for investors as of now.
WeWork India IPO GMP.
WeWork India IPO GMP: WeWork India on Monday announced a price band of Rs 615 to Rs 648 per share for its upcoming Rs 3,000-crore initial public offering (IPO). With this, the co-working space operator’s valuation currently stands at around Rs 8,685 crore.
WeWork India IPO Opening Date, Other Key Dates
The IPO will open for public subscription on October 3 and close on October 7, while bidding for anchor investors will take place on October 1, according to the company’s public announcement. Its allotment will be finalised on Wednesday, October 8, while its listing will take place on October 10 on both the BSE and the NSE.
WeWork India IPO Lot Size
Investors can place bids for a minimum of 23 shares and in multiples thereafter. So, the minimum amount of investment required by a retail investor is Rs 14,904, based on the upper IPO price. The lot size investment for small NII is 14 lots (322 shares), amounting to Rs 2,08,656, and for big NII, it is 68 lots (1,564 shares), amounting to Rs 10,13,472.
WeWork India IPO GMP Today
According to market observers, unlisted shares of WeWork India Ltd are currently trading at zero, meaning flat or negative listing gains for investors as of now.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
The IPO will be listed on both the BSE and the NSE.
WeWork India IPO: Category-Wise Quota
According to the company, 75 per cent of the offer size has been reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors.
WeWork India IPO: More Details
The IPO, which is entirely an Offer-for-Sale (OFS) of up to 4.63 crore equity shares, will see the promoter group entity, Embassy Buildcon LLP, and investor 1 Ariel Way Tenant Ltd (part of WeWork Global) divest their stakes.
The proposed IPO is worth Rs 3,000 crore at the upper end.
Currently, the Embassy Group holds about 76.21 per cent in WeWork India, while WeWork Global owns 23.45 per cent.
Since the issue is an OFS, WeWork India will not receive any proceeds from the issue and the funds will go entirely to the selling shareholders.
In its draft papers, WeWork India stated that the objective of the offer is to achieve the benefits of listing its equity shares on the stock exchanges. The company expects the listing to enhance visibility, provide liquidity to existing shareholders, and establish a public market for its stock in India.
Founded in 2017, WeWork India operates under an exclusive license of the WeWork brand in India, promoted by Bengaluru-based real estate developer Embassy Group.
The company aims to leverage the IPO primarily to achieve listing benefits, enhance visibility, provide liquidity to existing shareholders, and create a public market for its stock.
WeWork Global had invested $100 million in 2021, while in January 2024, the company raised Rs 500 crore through a rights issue to reduce debt and support expansion.
At present, WeWork India operates across Tier-1 cities, including Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, managing 77 lakh sq. ft. of space, of which 70 lakh sq. ft. is operational, with a desk capacity of 1.03 lakh. The firm employs over 500 people.

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 29, 2025, 12:05 IST
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Business
Housebuilders in focus as firms set to reveal figures amid sluggish market
Housebuilding giants will be centre stage next week as Persimmon, Vistry and Taylor Wimpey publish trading updates that are expected to offer a fresh snapshot of the UK housing market.
The updates will be closely watched by Government ministers, who have pledged to accelerate housebuilding, and by investors looking for signs of recovery and the Budget’s impact on the housing market as the UK heads into 2026.
Persimmon is due to publish a full-year trading statement on Tuesday, while Vistry will announce its fourth quarter trading statement on Wednesday and Taylor Wimpey a trading statement on Thursday.
UK housebuilding activity has remained in its deepest slump since the start of the pandemic, while the wider construction sector has been in contraction for a year, according to the latest S&P Global UK construction purchasing managers’ index (PMI) published on Wednesday.
The index rose slightly to 40.1 in December from 39.4 in November, remaining well below the 50-point level that signals growth, marking the 12th consecutive month of declining activity.
Survey respondents cited fragile confidence, weak demand and clients delaying decisions ahead of the autumn budget.
Richard Hunter, head of markets at interactive investor, said Persimmon “has been hamstrung by the wider factors over which it has little influence, including but not limited to a faltering domestic economy”.
However, Aarin Chiekrie, an equity analyst at Hargreaves Lansdown, highlighted that Persimmon’s homes are typically valued around 15% below the new-build national average, which “offers some resilience to ride current market challenges” and should provide some relief on building cost pressures.
Meanwhile Vistry, formerly Bovis Homes, has benefited from supportive government policy towards affordable housing, with average weekly sales rates rising by 11% between July and early November compared to the previous year, according to Hargreaves Lansdown.
On Friday, figures release by HMRC revealed UK house sales were 8% higher in November than a year earlier, with around 100,350 homes changing hands, an indication of some optimism in the market.
Jason Tebb, president of OnTheMarket, said: “With the budget done and dusted, uncertainty at least has been removed and those who put their moves on pause are returning to the market, encouraged by lower mortgage rates from some of the big lenders, with others expected to follow.
“As January progresses, well-priced homes continue to attract interest.”
Business
US job creation in 2025 slows to weakest since Covid
The number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world’s largest economy drew to a close.
Employers added 50,000 jobs in the final month of 2025, according to Labor Department data, which was fewer than expected. But the unemployment rate dipped to 4.4%.
Job gains last year were the smallest since 2020, when the Covid pandemic led to widespread cuts.
Businesses have been operating in an environment marked by US President Donald Trump’s dramatic policy changes, including tariffs, an immigration crackdown and cuts to government spending.
The US economy has held up in the face of these shifts, growing at an annual rate of 4.3% over the three months to September.
But the expansion – driven by steady consumer spending and a growth in exports – has not been accompanied by significant job creation.
On average, the US added just 49,000 roles per month in 2025, down from an estimated gain of two million a month the year before.
The Labor Department said the US also added 76,000 fewer new positions in October and November than previously estimated.
Retailers and manufacturers were among the sectors reporting losses last month, which were offset by hiring at health care employers, bars and restaurants.
The data underscores the mixed dynamics facing job-seekers in the US, where hiring has cooled markedly over the last year but fears of mass layoffs have not materialised.
The US Federal Reserve central bank has responded to the slowdown by cutting its key lending rate in hopes of giving the economy a boost, despite concerns that inflation is still bubbling.
But the central bank is divided about how much lower borrowing costs should go.
Analysts said the latest figures – which showed the jobless rate recovering to the 4.4% level where it stood in September – would do little to resolve those debates.
“Today’s report confirms what we think has been evident for some time—the labor market is no longer working in favour of job seekers,” said Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management.
But she added: “Until the data provide a clearer direction, a divided Fed is likely to stay that way. Lower rates are likely coming this year, but the markets may have to be patient.”
Business
Tara Sutaria’s Car Collection: Her Garage Worth Crores Will Leave You Shocked – Have A Look
Tara Sutaria, the Bollywood star known for films like Student of the Year 2 and Marjaavaan, has built a strong career since her 2019 debut. She has steadily increased her earnings through films, brand endorsements, and other projects. As of 2025, her net worth is reportedly around Rs 25 crore (about $ 3 million USD).
She became well-known after her debut in Student of the Year 2 (2019) and later appeared in films such as Marjaavaan, Heropanti 2, and Ek Villain Returns. In addition to movies, Tara also earns from brand deals, public appearances, and her presence on social media.
Income Sources
Most of Tara’s wealth comes from her film salaries and endorsement deals. She reportedly earns around Rs 1–3 crore per film role, depending on the project. Endorsements also add significantly to her earnings, with deals for beauty, fashion, and lifestyle brands.
Her annual income is estimated to be several crores of rupees, which has earned her popularity in the Bollywood industry.
Luxury Home in Mumbai
Alongside her earnings, Tara owns a luxury apartment in the upscale Pali Hill area of Mumbai. The neighborhood is known for its premium homes and celebrity residents.
(Also Read: Tara Sutaria-Veer Pahariya Break-Up Buzz: What We know So Far)
Car Collection
Tara’s car collection is one of the most discussed topics about her. During public appearances and airport visits, these luxurious cars have been captured on camera:
- Mercedes-Benz GLS – a luxury SUV worth over Rs 1 crore.
- Audi Q3 – a compact luxury SUV valued at around Rs 35 lakh.
- She also reportedly owns a BMW X3 and Honda CR-V in her garage.
Lifestyle and Public Image
Tara Sutaria maintains a lifestyle that combines work and leisure. She often shares glimpses of her travels, fashion moments, and personal experiences on social media.
Recent Concert Controversy
She recently grabbed headlines after a moment at AP Dhillon’s Mumbai concert turned into a big drama. She joined the singer on stage for a performance, sharing hugs and smiles that went viral. Social media clips showed the unhappy face of her boyfriend Veer Pahariya who watched from the crowd. Fans wondered about that concert moment and shared thousands of reactions about her relationship.
Tara quickly cleared the air. She called out fake PR tricks trying to ruin her image and confirmed that there is nothing like the buzz spread on social media platforms. (Image Credits: Instagram/tarasutaria)
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