Western Carriers IPO Date, Review, Price, Allotment Details

Last Updated : September 17, 2024

Western Carriers IPO is offering its shares to the public for the first time through an IPO on the stock exchanges BSE and NSE. The total amount they aim to raise is Rs 493 crore. Out of this, Rs 400 crore will be through new shares, and Rs 93 crore through existing shares. The IPO is open for subscription from 13 September, 2024 to 19 September, 2024. Each share has a face value of Rs 5, and investors can apply for shares at a price between Rs 163-172 per share. The minimum number of shares one can apply for is 87, or multiples of that as mentioned in the offer document.

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Western Carriers IPO Details

IPO Category Type:	Mainboard
IPO Open:	13 September, 2024
IPO Close:	19 September, 2024
IPO Price Band:	₹163-172 Per Share
Face Value:	₹5 Per Equity Share
IPO Listing on:	BSE and NSE
IPO Issue Type:	Book Build Issue
IPO Size:	Approx ₹493 Crores
Fresh Issue:	Approx ₹400 Crores
Offer for Sale:	Approx ₹93 Crores

Western Carriers IPO Reservation

Retail Quota:	35%
QIB Quota:	50%
NII Quota:	15%
Employee Discount:	[.]

Western Carriers IPO Prospectus

DRHP Draft Prospectus:	Continue Reading
RHP Draft Prospectus:	Continue Reading
Anchor Investors List:	[.]

Western Carriers IPO Market Lot Details

	Lot Size	Shares	Amount
Retail Minimum	1	87	₹14964
Retail Maximum	13	1131	₹194532
S-HNI Minimum	14	1218	₹209496
B-HNI Minimum	67	5829	₹1002588

Western Carriers IPO Dates

IPO Activity	Date
Open Date:	13 September, 2024
Close Date:	19 September, 2024
Allotment Date:	20 September, 2024
Refund Date:	23 September, 2024
Shares Credit Date:	23 September, 2024
Listing Date:	24 September, 2024

Western Carriers Company Financial Report

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	754.01	604.14	490.33
Revenue	1,691.41	1,637.84	1,475.79
Profit After Tax	80.35	71.57	61.13
Net Worth	398.36	318.61	257.58
Reserves and Surplus	359.01	279.08	157.12
Total Borrowing	266	210.47	150.4
Amount in ₹ Crore

Western Carriers Company Address

Western Carriers (India) Limited
2/6 Sarat Bose Road
2nd Floor,
Kolkata,West Bengal-700 020
India
Website: https://western-carriers.com/
Phone: +91 33 2485 8519
Email: investors@westcong.com

Western Carriers IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: westerncarriers.ipo@linkintime.co.in

Western Carriers IPO - FAQs

Q.What is Western Carriers IPO?

Ans.Western Carriers IPO is a Mainboard IPO. The IPO is list on BSE and NSE. The total amount Western Carriers aim to raise is Rs 493 crore

Q.When Western Carriers IPO will open?

Ans.Western Carriers IPO is to open on 13 September, 2024 for Investors.

Q.What is Western Carriers IPO Investors Portion?

Ans.Western Carriers investor's portion for QIB is 50%, NII is 15%, and Retail is 35%.

Q.What is Western Carriers IPO Size?

Ans.Western Carriers IPO size is ₹493 crores.

Q.What is Western Carriers IPO Price Band?

Ans.Western Carriers IPO Price Band is ₹163-172.

Q.What is the Western Carriers IPO Allotment Date?

Ans.Western Carriers IPO allotment date is 20 September, 2024.

Q.What is the Western Carriers IPO Listing Date?

Ans.Western Carriers IPO listing date is 24 September, 2024. The IPO is to list on BSE and NSE.