The details about the Western Carriers (India) Limited IPO are as:
- The issue size of the IPO is 492.88 Cr.
- The price band for Western Carriers (India) Limited IPO is Rs 163 to Rs 172.
- The shares of Western Carriers (India) Limited IPO will list on 24th September 2024.
- The latest tentative GMP of Western Carriers (India) Limited IPO is Rs 50.
- The shares of Western Carriers (India) Limited IPO are subscribed 31.68 Times as of 19th September 2024.
Western Carriers (India) Limited IPO Valuation
The approx valuation of Western Carriers (India) Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 172 |
| Existing Shares (Qty) |
7.86 Cr |
| Fresh Issue |
400 Cr |
| Market Cap |
1751.92 Cr |
| EPS (FY23) |
Rs 10.21 |
| PE Ratio |
16.84x |
| Industry PE |
5.76x |
Western Carriers (India) Limited IPO Issue Size
Western Carriers (India) Limited IPO issue size is 492.88 Cr.
| Issue |
Amount |
| Fresh Issue |
400 Cr |
| Offer For Sale |
92.88 Cr |
Western Carriers (India) Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 87 shares and a maximum of 13 lots of 1131 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
87 |
Rs 14,964 |
| Maximum |
13 |
1131 |
Rs 1,94,532 |
Western Carriers (India) Limited IPO share offer
The shares of Western Carriers (India) Limited IPO are subscribed 31.68 Times as of 19th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
28.81 Times |
| Non-Institutional |
Minimum 15% |
46.67 Times |
| Retail Individual |
Minimum 35% |
26.90 Times |
| Total |
|
31.68 Times |
Find below the dates for Western Carriers (India) Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
20 September 2024 |
| Refunds |
23 September 2024 |
| Credit to Demat Account |
23 September 2024 |
| IPO Listing Date |
24 September 2024 |
Check allotment status