Archive · 29 Nov 2025
WeWork India Gains Investor Attention Post-IPO
WeWork India, a company that provides flexible workspaces, has recently gained attention from investors after its IPO.
A brokerage firm called ICICI Securities has given WeWork India a positive rating and set a target price for its shares.
They believe the company is worth a lot of money because there is a growing demand for office spaces and flexible work areas in India.
The demand is expected to keep growing in the next few years, with more and more people and companies needing these types of workspaces.
This growth is good news for WeWork India and other similar companies.
WeWork India has regained investor attention post-IPO.
ICICI Securities initiated coverage with a BUY rating and a target price of INR 914.
The company is valued at INR 122.4bn based on future earnings.
Office demand in India is growing, with Grade-A net absorption expected to increase significantly.
Flexible workspace demand is also growing, with a forecast to reach 140–144mn sq.ft. by end-CY27.
- Who
- WeWork India, ICICI Securities, Investors
- What
- WeWork India's IPO and investor interest
- When
- Last month (IPO), future projections (CY25-CY27)
- Where
- India, primarily Bengaluru and tier-1 cities
- Why
- Growth in office leasing and flexible workspace demand
- Company
- WeWork India
- IPO Debut
- Last month
- Brokerage Rating
- BUY (ICICI Securities)
- Target Price
- INR 914
- Valuation
- INR 122.4bn (EV at Sep’27E)
- Office Demand Growth
- 54msf (CY25), 56msf (CY26), 58msf (CY27)
- Flexible Workspace Demand
- 18–22mn sq.ft. added in CY24
- Total Flexible Workspace Stock
- 82–86mn sq.ft. (end-CY24), forecast to grow to 140–144mn sq.ft. by end-CY27