WeWork Share Price Falls Over 5% After Muted Market Debut

WeWork shares had a soft start on the Indian stock market today, October 10, 2025, opening almost flat before slipping over 5% by midday. The much-anticipated listing of WeWork India Management Ltd drew market attention, but early trading hinted at cautious sentiment among investors.

Market Performance

The WeWork share price debuted at ₹646.50 per share on the BSE, reflecting a 0.23% discount to its IPO price of ₹648. On the NSE, shares opened slightly higher at ₹650 apiece — a marginal 0.31% premium.

However, soon after the listing, selling pressure pulled the stock lower. WeWork shares hit an intraday low of ₹614.25 on the NSE and ₹615 on the BSE, marking a decline of more than 5% from the issue price.

This subdued performance came despite strong buzz in the primary market, indicating that investors may be treading carefully following the flat grey market trends seen before the listing.

Main News

The ₹3,000-crore WeWork IPO, open for subscription between October 3 and October 7, had seen a 1.15-times subscription. While the issue managed to attract institutional buyers, the retail sentiment appeared moderate.

The listing aligned closely with expectations, as pre-listing indicators suggested limited upside. Despite its scale and brand recognition, the debut reflected the market’s cautious tone toward new-age and flexible workspace players.

Company Details

WeWork India Management Ltd is one of the leading flexible workspace providers in the country, catering to startups, corporates, and enterprises. Over the last three years, the company has consistently posted the highest revenue in the co-working space segment.

Here’s a quick snapshot of its FY25 financial performance:

• Revenue: ₹1,939 crore (up 17% year-on-year)
• EBITDA Margin: 65%
• Net Profit: ₹128.19 crore in FY25 (versus a net loss of ₹135.77 crore in FY24)

The financial turnaround marks a strong recovery phase for the company, underlining operational improvements and growing workspace demand.

Summary

The WeWork share price may have started the day with muted momentum, but the company’s fundamentals show visible progress. The cautious debut mirrors the sentiment seen in several recent listings, where investors are prioritizing profitability visibility over brand perception.

While the stock market today witnessed mild volatility, WeWork’s consistent financial improvement highlights its evolving position in India’s premium workspace ecosystem.