Bombay High Court reserves order on WeWork India IPO petitions

The Bombay High Court on Wednesday reserved its judgment on petitions challenging the adequacy of disclosures in the draft red herring prospectus (DRHP) filed by WeWork India with the Securities and Exchange Board of India (SEBI). The court heard the matter over three days before reserving its order.

The petitioners (Vinay Bansal and Hemanth Kulshrestha) alleged inadequate disclosures by WeWork and insufficient oversight by the Securities and Exchange Board of India (SEBI). They sought additional risk-related disclosures and a stay on the IPO.

The first hearing in the matter took place on October 3rd. The court heard arguments from both sides and scheduled the next hearing for October 8th. After hearing arguments from both sides on the second date, the court reserved its order. "Arguments are concluded. Judgement/order is reserved," read an order passed by Justice RI Chagla and Justice Farhan Parvez Dubash.


We Work IPO
WeWork India’s IPO opened for subscription on October 3 and closed on October 7, 2025. The offer was priced in the Rs 615 to Rs 648 range per share. It is set to be listed on Friday, October 10, 2025.

WeWork India, incorporated in 2017, operates flexible workspaces across Bengaluru, Mumbai, Delhi NCR, Pune, and Hyderabad under a long-term licence from WeWork Global.