Analysts are attributed to the two structural shifts. To manage industry costs and headcount instability, “A-A-A-Service” prefers immovable property, while client support for the inclusion of global capacity centers, IT/ITS, consulting and BFSI sectors has gone beyond startups.
The flexible workspace sector is projected to grow 21-222% CAGR during the financial year 25-227. Reports make the market 99 5.99 billion (Rs 53,121 crore) in 2025, with expectations to reach $ 11.39 billion (Rs 97,680 crore) by 2030. These IPOs reflect both the industry’s strong growth and strategic move to strengthen their financial position by companies.
Mira Asset Sher Khan’s Thomas V. Flexible OFFICES Fiso is now 14% in the overall office fissure leasing market, with most activities in 1 cities.
He noted, “At one time, it was seen as a cost-effective remedy for startups, which has now become the main component of the real estate strategy of big enterprises.”
Where V Work Stands
Launched in 2017, WE Rework India is the country’s largest premium flexible workspace provider. Supported by the Embassy Group, it runs 68 centers in eight cities, offering 114,000 desks, 94% of the grade in buildings.
Pay FIRM commands about 25% of the market share and maintains an enterprise-enhanced client mix, with 60-76% income from corporates.
Ventura’s Vinit Bolinjkar said, “Wear work comes out due to its scale, brand presence and enterprise-centered strategy. This makes it one of the largest operators in the Indian flexible workspace market.”
Allies are significantly small. AWFIS, Indicb and Smart Works have all tapped the market, but WeWRK enters with a strong brand recall and operational scale. Pierce’s stock market exhibition has been mixed: after listing, AWFIS has increased 40%, smart works increased by 24%, while Indicab has only increased 6%.
Pecuniary
Wear work has turned India into profitability. Revenue in FY 25 is Rs. 1,949 crore, the net profit of which was Rs. Its EBitDA margin%has surpassed 63%, while the return on net worth has reached .8 63..8%.
“Located with a strong portfolio, WE Work India is intended to grow faster than the 18-20% growth rate in the supported sector by strategic expansion and strong enterprise client.”
Bonanza’s happiness Mistry published that the IPO reflects the change, leadership and scale of the Work Rock, but also carries the risks of an area such as instability and renewal pressure.
Evaluation and risks
The IPO is priced at Rs 615-648 per share, which is the perfect offer fur for sale. On the upper band, WE R work India trades on P/E of about 68X, which is considered expensive compared to widespread markets. Analysts note that when profitability has improved, high fixed costs and cyclicism of the field demand valuation.
Abhishek Jain of Arihant Capital said, “WEW Work India is an exciting opportunity for aggressive investors. With the leadership and strong long -term potential in the futuristic industry, stock may be a good addition to those in contact with the flexible workspace theme.”
However, the risks are pending. Corporate leasing can affect any slowdown business in demand or oversapli in the metro. The rating agency develops CAGR 21-222% between FY 25 and FY 27 in the field of ICRA projects but it is important to maintain a healthy business level.
Decorate
India is now the largest Flex of Asia Pacific Fiss Market, with approximately 96 million square feet of stock stock, expected to reach 100 million by FY 26 and 280–300 million by 2027. With its scale and brand, WE work appears in a good condition to catch this growth.
Jain added, “The view of this field is very positive. WE Work India, as one of the largest players, is well placed for benefits.”
(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)
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