Announced Mon, 27 Jul, 2026 · 19:19 IST
ICRA upgrades WeWork India credit rating to A+ Stable
WEWORK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹716.00
prior close
₹720.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.5-1.5-1.6-1.4-0.4+4.7+4.1+3.0+4.1-2.8-3.1-9.9—
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AI summary
ICRA upgraded WeWork India's long-term credit rating from A (Stable) to A+ (Stable) for term loans of Rs 501 crore, overdraft of Rs 100 crore, bank guarantee of Rs 20 crore and unallocated limits of Rs 179 crore. The upgrade reflects healthy occupancy of 86%, 16% YoY growth in desk capacity to 1.27 lakh desks, expected revenue growth of 20-25% in FY27, comfortable leverage at 0.7x and strong liquidity of Rs 308.6 crore in cash.
Likely market impact
Positive for shareholders; signals stronger financial health, lower borrowing costs and improved investor confidence in the co-working business.