Western Carriers (India) Limited

Western Carriers (India) Limited

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₹14,964(87 Shares)

Minimum Investment

IPO Dates

Sep 13, 2024 – Sep 19, 2024

Price Band

₹163–172 per equity share

Lot Size

87

Listing

Sep 24, 2024

Listing At

BSE, NSE

Sep 13, 2024Open DateCompleted
Sep 19, 2024Close DateCompleted
TBAAllotment DateUpcoming
Sep 24, 2024Listing DateCompleted

Western Carriers (India) Limited Live Subscription Details

All IPOs
Retail25.43x
QIB27.99x
NIIs
44.58x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

39.86x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

54.00x

Overall Subscription

Total Bids Received

30.28x

Western Carriers (India) Limited IPO Issue Details

Issue Price
₹163-172 Per Equity Share
Face Value
₹5 Per Equity Share
Fresh Share
2,32,55,813 shares(aggregating up to ₹400 crore)
Listing At
BSE, NSE
Listing Date
Sep 24, 2024
Registrar
Link Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)187₹14,964
Retail (Max)131,131₹1,94,532
sHNI (Min)141,218₹2,09,496
sHNI (Max)665,742₹9,87,624
bHNI (Min)675,829₹10,02,588

Reservation Details

15%

NII

42.98L

20%

QIB

57.31L

30%

Anchor

85.97L

Company Information

Western Carriers (India) Limited is a Multi-modal, rail-focused, 4PL asset-light logistics company. The company offers fully customizable, multi-modal logistics solutions encompassing road, rail, wate...

Valuations

EPS (Pre-IPO)

10.21

EPS (Post-IPO)

7.88

P/E (Pre-IPO)

16.85

P/E (Post-IPO)

21.83

RoNW

20.17%

P/B Value

3.40

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets754.01604.14490.33
Total Revenue1691.411637.841475.79
Profit After Tax80.3571.5761.13
Net Worth398.36318.61257.58

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company;
  2. 2Funding of capital expenditure requirements of our Company towards purchase of:commercial vehicles,40 feet specialised containers and 20 feet normal shipping containers; andreach stackers
  3. 3General corporate purposes

Western Carriers (India) Limited – Promoter(s)

Rajendra Sethia
Kanishka Sethia

Contact Details

Corporate Office

2/6 Sarat Bose Road, 2nd Floor, Kolkata-700020

+91 33 2485 8519

investors@westcong.com

Visit Website

Western Carriers (India) Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

westerncarriers.ipo@linkintime.co.in

Visit Registrar Website

Western Carriers (India) Limited IPO Documents

Frequently Asked Questions — Western Carriers (India) Limited IPO

The Western Carriers (India) Limited IPO price band is set at ₹163.00 to ₹172.00 per equity share.

The lot size for Western Carriers (India) Limited IPO is 87 shares per lot. The minimum investment amount is approximately ₹14,964.

The Western Carriers (India) Limited IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.

Western Carriers (India) Limited IPO is expected to be listed on Sep 24, 2024 on BSE, NSE.

The current GMP for Western Carriers (India) Limited IPO is ₹15, suggesting an expected listing price of around ₹178.00. Note: GMP is an unofficial market indicator.

The registrar for Western Carriers (India) Limited IPO is Link Intime India Private Ltd. You can contact them at westerncarriers.ipo@linkintime.co.in.

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