Shardul Amarchand Mangaldas & Co Advised WeWork India Management Limited On Its ~₹3,000 Crore Initial Public Offering
Shardul Amarchand Mangaldas & Co advised WeWork India Management Limited on its ~₹3,000 crore initial public offering
The Leading Law firm in India, Shardul Amarchand Mangaldas & Co advised WeWork India Management Limited in connection with its initial public offering aggregating to approximately ₹3,000 crore on BSE Limited and the National Stock Exchange of India Limited. The IPO included an offer for sale of equity shares by Embassy Buildcon LLP and 1 Ariel Way Tenant Limited.
The firm advised the Company and promoter selling shareholder Embassy Buildcon LLP on Indian law aspects, which included drafting, reviewing and finalising the IPO documentation and ensuring compliance with applicable regulatory requirements.
The IPO marks a key milestone for WeWork India Management Limited, the exclusive licensee of the WeWork brand in India and the leading premium flexible workspace operator, having recorded the highest revenue among its peers for the past three financial years.
The SAM transaction team was led by Nikhil Naredi (Partner), Ruth Chenchiah (Partner), Tarun Srikanth (Principal Associate), Koshy Mammen (Senior Associate), Anoushka PV (Associate), and Abhit Tanay (Associate).
The Dispute Resolution Team Shruti Sabharwal (Partner), with Avinash Das (Senior Associate), Anant Misra (Senior Associate), Prachi Gupta (Associate), and Ayan Tandon (Associate).
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