Fri Oct 03 03:50:00 UTC 2025: Okay, here’s a news article summarizing the provided information:

**WeWork India Launches ₹3,000 Crore IPO Amidst Grey Market Buzz**

**Mumbai:** WeWork India Management Ltd. launched its Initial Public Offering (IPO) today, opening for subscription on the primary market until October 7th. The company aims to raise ₹3,000 crore through this fully Offer For Sale (OFS) issue, meaning proceeds will not go to the company itself. The price band is set at ₹615-₹648 per share.

Market observers note positive sentiment, with WeWork India shares trading at ₹663 in the grey market on Friday, a premium of ₹15 over the upper price band.

Retail investors can participate with a minimum investment of ₹14,904 for a lot of 23 shares. Allotment of shares is expected on October 8th, with share transfers to demat accounts and refunds commencing on October 9th. WeWork India is slated to list on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on October 10th.

JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 One WAM are serving as lead managers for the IPO. MUFG Intime India Private Limited has been appointed as the registrar for the book-built issue.

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