WeWork India Management Limited signed a Leave & License Agreement for 1,62,665 square feet in Pune, boosting its operational workspace capacity.
Capacity Expansion Breakdown
Current capacity stands at 1,21,638 desks with 83.90% utilization as of December 31, 2025. The addition targets approximately 2,500 desks, tentatively operational by August 2026.
Investment and Financing
The expansion requires around ₹36 crore, funded through internal accruals or debt. This strategic move addresses rising demand and supports business growth.
Strategic Rationale
The capacity increase aligns with WeWork India's objective to enhance operational scale amid expanding flexible workspace needs. The Pune development strengthens its presence in key commercial markets.
Shares of WeWork India Management Limited was last trading in BSE at Rs. 515.05 as compared to the previous close of Rs. 525.35. The total number of shares traded during the day was 61278 in over 916 trades.
The stock hit an intraday high of Rs. 530.00 and intraday low of 504.00. The net turnover during the day was Rs. 31393391.00.