New Delhi, Oct. 7 -- The initial public offering (IPO) for WeWork India Management Ltd saw a subscription of 13% on its second day of the share sale on Monday. WeWork IPO GMP today or WeWork India IPO GMP was Rs.0, which meant shares were trading at their issue price of Rs.648 with no premium or discount in the grey market according to investorgain.com.

WeWork India has successfully raised over Rs.1,348 crore from anchor investors. The overall issue is worth Rs.3,000 crore and will close on Tuesday. WeWork IPO price band has been set at Rs.615-648 each, which values the company at approximately Rs.8,685 crore at the upper end.

Established in 2017, WeWork India operates under an exclusive license of the WeWork brand, promoted by the Emba...