India’s IPO markets are continuously knocking new issues and there are many launching earlier next month. It also includes Vwork India Management. This company, which came just 8 years ago, is going to open its issue on October 3 to give investors a chance to earn strongly. According to the draft papers, these will be completely offer for sale i.e. OPO and promoters will present more than 4 crore shares for sale. Let’s know everything about its size to the date of market debut …
4.63 crore shares sales from IPO
According to the PTI report, the workpass operator company established in 2016 will raise Rs 3000 crore from the primary market by presenting its IPO on October 3. Through this offer for cell IPO, the promoters of the company will offer a sale of 4.63 crore shares. Promoter Embassy Buildcon LLP and Investor 1 Ariel Way Tenant Limited (Part of Vwork Global) will sell their shares.
Open this day for anchor investors
According to the Draft Red Herring Prospectus (DRHP) deposited by the market regulator SEBI, the IPO will be closed on October 7, 2025, after opening for subscription on 3 October. In this issue, investors will be able to bid for shares for three days. Actually, on October 4-5, there will be a holiday of Saturday and Sunday in the market. Earlier, this issue for anchor investors will open on the first date of next month i.e. October 1.
Curtain not removed from the price band
While the VWWE India Management is open about the size of the IPO and its opening date, the veil of this issue has not been removed from the price band and lot size yet. That is, no company related to it has been shared. After this OFS issue is closed on October 7, its allotment process will start on October 8, while the process of credit credit to the bidding investors will start on October 9. At the same time, the possible date of October 10 has been fixed for the listing of its shares on both index i.e. BSE-NSE of the stock market.
Looking at the financial health of WWORK India, its operations under the Vwork brand are operated in India and other Tier-1 cities including Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi and Chennai. The company’s revenue recorded a 17 per cent jump between the financial year from 31 March 2024 to March 31, 2025, while its profit increased by 194% after the tax.
(Note- Be sure to consult your market experts before any kind of investment in stock market or IPO.)
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