WeWork India and Studds Accessories Get SEBI Nod for IPO Launch

WeWork India’s IPO plans have moved a step forward as the co-working space provider, along with helmet manufacturer Studds Accessories, received approval from the Securities and Exchange Board of India (SEBI) to go public. The green signal from the market regulator sets the stage for both companies to launch their Initial Public Offerings (IPOs) in the coming months. 

According to The Mint, WeWork India’s draft offer document outlines an offer for sale (OFS) of up to 43,753,952 equity shares. This includes up to 33,458,659 shares from the Promoter Selling Shareholder, Embassy Buildcon LLP, and up to 10,295,293 shares from the Investor Selling Shareholder, 1 Ariel Way Tenant Limited. 

WeWork India’s SEBI approval comes at a crucial time when the flexible workspace sector is seeing renewed interest. The company is expected to use the IPO proceeds to reduce debt, expand its footprint, and improve technology infrastructure across its co-working locations. 

Studds Accessories Also Set to Go Public

Alongside WeWork, helmet manufacturer Studds Accessories has also received SEBI’s nod to float its IPO. Known for its wide range of two-wheeler helmets and accessories, Studds Accessories’ IPO comes at a time when India’s two-wheeler market is booming again post-COVID. 

Studds is expected to raise funds to expand its production capacity, enhance R&D, and strengthen its dealer network. The company plans to raise funds by issuing equity shares through an initial public offering (IPO). As part of the offering, it will conduct an offer for sale (OFS) of up to 7,786,120 equity shares, each with a face value of ₹5. 

The approval for these IPOs reflects confidence in India’s capital markets and the growing investor interest in diverse sectors. While WeWork India caters to the evolving needs of startups and enterprises looking for flexible office spaces, Studds rides on the back of rising safety awareness among two-wheeler users. 

Analysts believe that both IPOs could receive strong investor interest, especially given their brand recognition and market leadership in their respective domains. 

What Happens Next?

Both companies will now move towards setting the IPO launch dates, appointing bankers, and finalizing their marketing roadmap. Industry watchers expect the offerings to open before the end of this fiscal year, subject to market conditions. 

With WeWork India’s IPO now cleared, the market will be watching closely to see how the flexible workspace brand performs as a publicly traded entity in India. Similarly, Studds’ public debut could provide a strong benchmark for other consumer manufacturing brands considering a market entry. 

As the IPO pipeline continues to grow, India’s equity markets are likely to see increased activity in the second half of 2025, bringing fresh opportunities for both institutional and retail investors.