WeWork India IPO Shows ₹15 GMP Currently in Grey Market

WeWork India’s IPO (3–7 Oct) is already being traded in the grey market at a ₹15 premium over the issue price band of ₹615–648, implying ~2.3% expected upside. The IPO is purely an offer for sale by promoters and will not raise fresh capital. Strong anchor backing (~₹1,348 crore raised) adds confidence, though modest GMP suggests tempered public optimism.