Registered Office:
6th Floor Prestige Central 36,Infantry Road Shivaji Nagar,
Bangalore
-
560001,
Karnataka, India.
Phone :
+91 88 8456 4500 Fax:
Email :
cswwi@wework.co.in
Website :
https://wework.co.in/
Initial public offering of up to 46,296,296 equity shares bearing face value of Rs. 10/- each (the "Equity Shares") of Wework India Management Limited ("Company" or "Issuer") for cash at a price of Rs. 648 per equity share including a share premium of Rs. 638 per equity share (the "Offer Price") aggregating to Rs. 3000 crores through an offer for sale (the "Offer") of up to 35,402,790 equity shares by the promoter selling shareholder aggregating to Rs. 2294.10 crores and up to 10893,506 equity shares by the investor selling shareholder aggregating to
Rs. 705.90 crores (Collectively, the "Selling Shareholders") (the "Offer for Sale" and such Equity Shares, the "Offered Shares").
The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating to Rs. 3.5 crores (Constituting up to [*] % of the Post Offer Paid-up Equity Share Capital of the Company for Subscription by Eligible Employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The company may, in consultation with the brlms, offer a discount of Rs. 60 on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
A discount of Rs. 60 per equity share is being offered to eligible employees bidding in the employee reservation portion