| 📌 Parameter | 📊 Details |
|---|---|
| 📅 IPO Dates (Open – Close) | Oct 3, 2025 – Oct 7, 2025 |
| 💰 Price Band | ₹615 – ₹648 per share |
| 📦 Lot Size / Minimum | 23 shares (i.e. minimum application in multiples of 23) |
| 💵 Issue Component | Offer for Sale (OFS) only — no fresh shares to be issued |
| 📈 Shares on Sale | Total ~46.3 million shares (35.4 million by Embassy Buildcon + 10.9 million by 1 Ariel Way) |
| 💵 Value at Upper Band | ~ ₹3,000 crore |
| 🗓 Key Dates | Anchor bidding starts Oct 1, 2025 • Bidding opens Oct 3 • Bidding closes Oct 7 • (Tentative listing date not confirmed yet) |
| 💹 GMP (Grey Market Premium) | Reported as zero — no premium indicated currently |
| 🏢 Business & Operations Highlights | Co-working space operator • India arm of global WeWork brand As of Sept 2024: 59 centers, ~94,440 desks across 8 cities Company emphasizes growth, expansion, and generating liquidity for existing shareholders Plans ~20% per annum revenue growth and improved margin scaling |
| 📌 Regulatory / Approval Status | SEBI has approved the IPO; it’s structured as a pure sale by existing stakeholders |
