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Western Carriers (India) Limited IPO Subscription Status

📅Offer Date: 13 Sept 2024 – 19 Sept 2024

Minimum investment
₹14,96487 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total30.28x
QIB27.99x
NII44.58x
Retail25.43x

Western Carriers (India) Limited IPO was subscribed 30.28x in total when bidding closed on 19 Sept 2024, with 27.99x in the QIB category, 44.58x in NII, 25.43x in retail. The issue ran from 13 Sept 2024 to 19 Sept 2024 at a price band of ₹163.00–₹172.00 per share.

QIB27.99xNII44.58xRetail25.43xTotal30.28x1×

Times subscribed by category against the 1× line.

26
≈ 1 in 26 retail allotment
low allotment chance

Based on retail subscription (25.43x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs57,31,16316,04,15,25227.99x
NIIs42,98,37219,16,21,42444.58x
SNIIs (<10L)14,32,7917,73,70,71454.00x
BNIIs (>10L)28,65,58111,42,22,05939.86x
Retail1,00,29,53525,50,51,07525.43x
Total2,00,59,07060,73,88,64030.28x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs98.582759.1427.99x
NIIs73.933295.8944.58x
Retail172.514386.8825.43x
Total345.0210441.9130.28x

Values derived from share count × issue price (₹172.00)

What this means for allotment & listing

Because Western Carriers (India) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Western Carriers (India) Limited IPO subscription FAQs