Will WeWork India’s IPO attract investors amid mixed financial signals?

WeWork India is set to launch a ₹3,000 crore IPO, which will reduce the promoter’s stake to 48.1%. Despite higher revenue and Ebitda than competitors, the company’s recent FY25 profit of ₹128 crore is primarily attributed to a deferred tax credit. Geographic concentration and lower occupancy rates in mature centres compared to peers are noted.

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