About Wework India Management Limited
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Wework India Management Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Embassy Buildcon Llp. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L74999KA2016PLC093227. Its GSTIN is 29AADCH8710J2ZB (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹138.59 Cr. It was formerly known as Halosaur Bengaluru Private Limited. It is led by directors including Karan Virwani (Managing Director) and Jitendra Mohandas Virwani.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor Prestige Central 36 Infantry Road Shivaji Nagar, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,024 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹128.19 Cr (net margin 6.3%) and EBITDA of ₹1,264.84 Cr (EBITDA margin 62.5%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
The company has about 496 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: WeWork India. As per MCA filings, the company has open charges of ₹894.16 Cr and satisfied charges of ₹775.07 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it. The company has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is DP Nirman Private Limited with revenue of ₹5,579.15 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 794 overdue payments to 145 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wework.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor Prestige Central 36 Infantry Road Shivaji Nagar, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Wework India Management Limited
The main business activity of Wework India Management is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wework India Management Limited FY 2025 filings available
Wework India Management Limited reported revenue of ₹2,024 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wework India Management Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 17% growth in the latest year. EBITDA rose 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Wework India Management Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1,264.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹128.19 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Wework India Management Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wework India Management are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wework India Management Limited
Wework India Management Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DP Nirman Private Limited | ₹5,579.15 Cr (FY 2020) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Prime Focus Limited Listed | ₹3,825.5 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Karamchand Domestic Products Private Limited | ₹3,000.18 Cr (FY 2025) | •••• | •••• | 1591691.0% | •••• | New Delhi, Delhi, India |
| The Hindustan Times Ltd | ₹2,528.51 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Aristo Bullion Private Limited | ₹2,109.05 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Wework India Management Limited this company | ₹2,024 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Bigway Marketing Private Limited | ₹1,812.94 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Delhi, India |
| Tablespace Technologies Limited | ₹1,561.81 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Bangalore, Karnataka, India |
| HGP Community Private Limited | ₹1,494.57 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| O. P. Gupta & Sons Private Limited | ₹1,473.32 Cr (FY 2023) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Smartworks Coworking Spaces Limited | ₹1,409.67 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Wework India Management by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wework India Management Limited
Wework India Management Limited is audited by S R BATLIBOI AND ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBOI AND ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wework India Management Limited
Wework India Management has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Virwani | Managing Director | 07 Oct 2016 | 10 Years 0 Months | Current |
| Jitendra Mohandas Virwani | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Adnan Mostafa Ahmad | Nominee Director | 28 Nov 2024 | 1 Years 10 Months | Current |
| Anupa Rajiv Sahney | Director | 17 Oct 2024 | 1 Years 11 Months | Current |
| Mahua Acharya | Director | 17 Oct 2024 | 1 Years 11 Months | Current |
| Manoj Kumar Kohli Also directs: MK Knowledge LLP, Good Parenting Enterprise LLP, Triveni Engineering and Industries Limited and 5 more | Director | 12 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Wework India Management Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wework India Management Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2026 | Others | ₹3.16 Cr | Open |
| 23 Mar 2026 | Others | ₹200 Cr | Open |
| 27 May 2025 | Others | ₹85 Cr | Open |
| 30 Dec 2024 | Others | ₹120 Cr | Open |
| 27 Sep 2024 | Others | ₹216 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Wework India Management Limited
Wework India Management Limited has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹139.9 Cr | Buyer: Plutus Wealth Management LLP , Bofa Securities Europe Sa Seller: Clsa Global Markets Pte. Ltd-Odi, Bofa Securities Europe Sa |
| Oct 2025 | IPO | ₹3,000 Cr | Investors: HDFC Life Insurance Company Limited , Tata Aig General Insurance Company Limited , Canara HSBC Life Insurance Company Limited Seller: Embassy Buildcon LLP , 1 Ariel Way Tenant Limited |
| Jan 2025 | Rights issue | ₹501.28 Cr | Investors: Embassy Buildcon LLP |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Embassy Buildcon LLP Seller: One Ariel Way Tenant Limited |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: Volrado Venture Partners Seller: Embassy Buildcon LLP |
Full deal history
All 21 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Wework India Management Limited
Wework India Management Limited has 13 court cases on record: 8 filed by Wework India Management, 5 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Neuroglia Health Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Archetype Solutions Software Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Neuroglia Health Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Aapai Technologies Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Raffles Design International (India) Private Limited | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Wework India Management Limited
Wework India Management Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 794 overdue payments to 145 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 145)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Even Flow Events and Experiences LLP | •••• | •••• | •••• |
| Lantro Technologies India Private Limited | •••• | •••• | •••• |
| Padam Interiors Private Limited | •••• | •••• | •••• |
| Naman Industries Proxima Limited | •••• | •••• | •••• |
| Dee Arch Design | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Wework India Management Limited
Wework India Management operates one associated brand: WeWork India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible workspace solutions are provided by WeWork India. | wework.co.in |
Employees and EPFO Compliance at Wework India Management Limited
Wework India Management Limited has a workforce of 496 employees as of Apr 24, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Wework India Management Limited
Wework India Management has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ww Tech Solutions India Private Limited | U70200KA2021PTC155097 | Locked |
| Zoapi Innovations Private Limited | U72900KA2019PTC127212 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Wework India Management Limited
Wework India Management has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999KA2016PLC093227, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999KA2016PLC093227 | Current |
| U74999KA2016PLC093227 | Previous |
| U74999KA2016PTC093227 | Previous |
News related to Wework India Management Limited
Recent Activity on Wework India Management Limited
Wework India Management Limited has 21 board changes on record since 2016: 8 appointments and 13 cessations. The latest: Adnan Mostafa Ahmad was appointed as Nominee Director on 28 Nov 2024.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wework India Management Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wework India Management Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wework India Management Limited
Wework India Management has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH8710J2ZB | Karnataka | Active | 01 Jul 2017 |
| 27AADCH8710J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 06AADCH8710J1ZK | Haryana | Active | 27 Oct 2017 |
| 09AADCH8710J1ZE | Uttar Pradesh | Active | 01 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wework India Management Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wework India Management Limited
Wework India Management is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN L74999KA2016PLC093227.
Wework India Management reported revenue of ₹2,024 Cr for FY 2025 (up 17% YoY).
Wework India Management has 6 current directors:
- Karan Virwani - Managing Director
- Jitendra Mohandas Virwani - Director
- Adnan Mostafa Ahmad - Nominee Director
- Anupa Rajiv Sahney - Director
- Mahua Acharya - Director
- Manoj Kumar Kohli - Director
Wework India Management reported a net profit of ₹128.19 Cr (net margin 6.3%) and EBITDA of ₹1,264.84 Cr (EBITDA margin 62.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wework India Management is 121% over three years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wework India Management is 29AADCH8710J2ZB, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCH8710J1ZG (Maharashtra), 06AADCH8710J1ZK (Haryana), 09AADCH8710J1ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Wework India Management is L74999KA2016PLC093227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wework India Management has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the high courts.
Wework India Management was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Wework India Management has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026.
The peers of Wework India Management by revenue are DP Nirman Private Limited, Prime Focus Limited, Karamchand Domestic Products Private Limited, The Hindustan Times Ltd, Aristo Bullion Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Adnan Mostafa Ahmad was appointed as Nominee Director on 28 Nov 2024. Anupa Rajiv Sahney ceased to be Additional Director on 10 Nov 2024. Mahua Acharya ceased to be Additional Director on 10 Nov 2024. Wework India Management has 21 board changes on record in total.