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Western Carriers (India) Limited IPO (Western Carriers (India) IPO ) Details

Western Carriers (India) Limited

Western Carriers (India) IPO 's overview

Western Carriers (India) IPO is a book built issue of ₹492.88 Cr (4,92,87,99,836). The issue is a combination of fresh issue of 2.33 Cr (2,32,55,813) shares aggregating to ₹400.00 Cr (3,99,99,99,836) and offer for sale of 54.00 Lakh (54,00,000) shares aggregating to ₹92.88 Cr (92,88,00,000).

Western Carriers (India) IPO bidding started from Sep 13, 2024 and ended on Sep 18, 2024. The allotment for Western Carriers (India) IPO was finalized on Sep 19, 2024. The shares got listed on BSE on Sep 23, 2024.

Western Carriers (India) IPO price band is set at ₹163 to ₹172 per share. The minimum lot size for an application is 87 Shares. The minimum amount of investment required by retail investors is ₹14,181.

Refer to Western Carriers (India) IPO RHP for detailed information.

  • IPO date

    Sep 13,2024 - Sep 18,2024

  • Listing Date

    Sep 23,2024

  • Face value

    5

  • Price Band

    163 to ₹172 per share

  • Lot

    87 Shares

  • Total Issue Size

    2.87 Cr (2,86,55,813)

    aggregating up to 492.88 Cr (4,92,87,99,836)

  • Fresh Issue

    2.33 Cr (2,32,55,813)

    aggregating up to ₹400.00 Cr (3,99,99,99,836)

  • Offer for sale

    54.00 Lakh (54,00,000)

    aggregating up to ₹92.88 Cr (92,88,00,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    BSE

  • Fri, Sep 13, 2024

    IPO Open

  • Wed, Sep 18, 2024

    IPO Close

  • Thu, Sep 19, 2024

    Basis of Allotment

  • Fri, Sep 20, 2024

    Initiation of Refunds

  • Fri, Sep 20, 2024

    Credit of Shares to Demat

  • Mon, Sep 23, 2024

    Listing

Western Carriers (India) IPO Day-wise IPO GMP Trend

Western Carriers (India) IPO last GMP is ₹10, last updated Sep 22,2024. With the price band of 172.00, Western Carriers (India) IPO 's estimated listing price is ₹182 (cap price + today's GMP).The expected percentage gain/loss per share is 5.81%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
22-Sep-24172.0010
182(5.81%)22-Sep-2024 15:27
21-Sep-24172.0010
182(5.81%)21-Sep-2024 23:25
20-Sep-24172.0020
192(11.63%)20-Sep-2024 23:31
19-Sep-24172.0020
192(11.63%)19-Sep-2024 23:31
18-Sep-24172.0050
222(29.07%)18-Sep-2024 23:32
17-Sep-24172.0050
222(29.07%)17-Sep-2024 23:24
16-Sep-24172.0056
228(32.56%)16-Sep-2024 23:32
15-Sep-24172.0057
229(33.14%)15-Sep-2024 23:29
14-Sep-24172.0057
229(33.14%)14-Sep-2024 23:25
13-Sep-24172.0057
229(33.14%)13-Sep-2024 23:32
12-Sep-24172.000
172(0.00%)12-Sep-2024 23:32
11-Sep-24172.000
172(0.00%)11-Sep-2024 23:30
10-Sep-24172.000
172(0.00%)10-Sep-2024 23:30
09-Sep-240
(0.00%)9-Sep-2024 06:03
08-Sep-240
(0.00%)8-Sep-2024 06:04
07-Sep-240
(0.00%)7-Sep-2024 06:04
06-Sep-240
(0.00%)6-Sep-2024 06:03
05-Sep-240
(0.00%)5-Sep-2024 06:04
04-Sep-240
(0.00%)4-Sep-2024 14:32

Western Carriers (India) IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

18714,964

Retail(Max)

18714,964

HNI(Min)

217429,928

About Western Carriers (India) Limited

Incorporated in March 2011, 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, water, and air transportation and a tailored range of value-added services.

The company offers sectors such as metals, fast-moving consumer goods (“FMCG”), pharmaceuticals, chemicals, engineering, oil and gas and retail. The company's clientele includes Tata Steel Limited (“Tata Steel”), Hindalco Industries Limited (“Hindalco”), Jindal Stainless Limited (“JSL”), JSW Steel Coated Products Limited (“JSW”), Bharat Aluminium Company Limited(“BALCO”)and Vedanta Limited(“Vedanta”), Hindustan Unilever Limited (“HUL”), Hindustan Coca Cola Beverages Private Limited (“Coca Cola India”), Tata Consumer Products Limited (“Tata Consumer”), Gujarat Tea Processors and Packers Limited (“Wagh Bakri”) and CG Foods India Private Limited (“CG Foods”), Cipla Limited (“Cipla”), Materials Chemicals and Performance Intermediaries Private Limited (“MCPI”) (formerly, MCC PTA India Corp. Private Limited, a subsidiary of Mitsubishi Chemical Corporation), Haldia Petrochemicals Limited (“Haldia”) and Gujarat Heavy Chemicals Limited(“GHCL”)Oil and Gas Brahmaputra Cracker and Polymer Limited(“BCPL”)Utilities and others*Sheela Foam Limited(“Sleepwell”)and DHL Logistics Private Limited.

The company provides chartering services to overseas destinations, stevedoring services at Indian ports, and coastal movement of cargo within India. They specialize in combining rail with road movements through an asset-light business model. The company manages and handles the supply chain for increased imports, exports, and production levels for a leading metals and resource group company.

As of December 31, 2022, the company served a d over 1,100 customers.

As of December 31, 2022, the company had 1,350 employees in various departments.

Western Carriers (India) IPO 's documents

Western Carriers (India) Limited Contact Details

Western Carriers (India) Limited
2/6 Sarat Bose Road
2nd Floor,
Kolkata-700020
Phone: +91 33 2485 8519
Email: [email protected]
Websitehttps://western-carriers.com/

Western Carriers (India) IPO 's Promoters

Promoters of the company and Rajendra Sethia and Kanishka Sethia.