The WeWork India IPO commenced on October 3 but experienced a lackluster response from investors on its opening day. By the second day, the IPO was subscribed only 0.08 times, receiving 20,16,479 applications for a total of 2,54,89,748 shares. Retail investors subscribed at a rate of 0.29x, Non-Institutional Investors (NIIs) at 0.05x, Qualified Institutional Buyers (QIBs) at 0.02x, while employees showed a strong interest at 1.27x. This indicates a cautious sentiment among investors, while employees remained the most engaged with the IPO.
