Western Carriers (India) IPO Subscription
The Western Carriers (India) IPO is a book build issue with a total issue size of ₹492.88 cr, comprising of fresh issue of 23255813 equity shares., and a offer for sale of 5400000 equity shares. Western Carriers (India) IPO opened for subscription on Sep 13, 2024 and closed on Sep 19, 2024. Western Carriers (India) IPO is set price band at ₹163 to ₹172 per share, with a lot size of 87 shares. Minimum investment for Retail investors was ₹14,964.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 20, 2024, and listed on both the NSE and BSE on Sep 24, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. JM Financial Limited and Kotak Mahindra Capital Company Limited are the Book Running Lead Manager for the issue.
Before investing in the Western Carriers (India) IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹16 (+9.30%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Western Carriers (India) IPO Subscription Details ( Thu, 19 Sep 24 01:24 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 5898528 | 165092679 | 27.99x |
| Non-Institutional | 4490982 | 200769639 | 44.71x |
| BNII | 2993988 | 119345817 | 39.86x |
| SNII | 1496994 | 81423822 | 54.39x |
| Retail Investors | 10478957 | 271567107 | 25.92x |
| Total | 20868467 | 637429425 | 30.55x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Western Carriers (India) IPO is a Book-building IPO with a total issue size of ₹492.88 crore. The Western Carriers (India) IPO price band is ₹163 to 172 per share. The Western Carriers (India) IPO subscription opens on Fri, Sep 13, 2024, and closes on Thu, Sep 19, 2024. The Western Carriers (India) IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Western Carriers (India) IPO.
The Western Carriers (India) IPO opens on Fri, Sep 13, 2024 and closes on Thu, Sep 19, 2024
Western Carriers (India) IPO Price Band is ₹163 to 172 per share.
Western Carriers (India) IPO lot size is 87 shares, Retail investors need a minimum investment of ₹14964 based on the upper price band
The minimum investment for Western Carriers (India) IPO is ₹14964, based on one lot of 87 shares at the upper price band of ₹172 per share.
Investors can apply for the Western Carriers (India) IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 19, 2024. The application amount remains blocked until the Western Carriers (India) IPO allotment is finalized.
Western Carriers (India) IPO issue size is ₹492.88 crores.
Western Carriers (India) IPO allotment date is Wed, Jul 1, 2026.
The registrar for Western Carriers (India) IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Western Carriers (India) IPO allotment status, refund processing, and other IPO-related information.
The Western Carriers (India) IPO GMP (Grey Market Premium) is ₹16 as of Tue, Sep 24, 2024. Based on the upper price band of ₹172 per share, the estimated Western Carriers (India) IPO listing price is ₹188, indicating a potential listing gain of approximately 0% over the issue price.