WeWork’s IPO out of SEBI’s abeyance list; promoter Embassy’s Jitu

WeWork India’s IPO plans have gained fresh momentum as SEBI removes its DRHP from the abeyance list and begins re-evaluation. Embassy Group Chairman Jitu Virwani confirmed the IPO is back on track, calling co-working “the way forward.” The offer is expected to be a pure OFS of 4.4 crore shares.

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