Issue Price
₹163- ₹172
per equity share
Issue Size
2.09 crores
equity share
Face Value
₹
per equity share
Market Lot
87
equity share
Please note
Listing at BSE ,NSE
WESTERN CARRIERS INDIA LIMITED
Important Dates
IPO Open Date
13 Sep 2024
IPO Close Date
19 Sep 2024
Allotment Date
20 Sep 2024
Initiation of Refunds
23 Sep 2024
Credit of Shares to Demat Account
23 Sep 2024
IPO Listing Date
24 Sep 2024
UPI Mandate Expiry Date
19 Sep 2024
IPO Details
Western Carriers IPO is open for subscription starting Friday, Sep 13, 2024 and closing on Wednesday, Sep 18, 2024. The price of this upcoming IPO is decided at Rs 163 to Rs 172 per share. The minimum lot size for the retail category is 87 shares. The minimum lot size for small NII is 14 lots consisting of 1218 shares. Meanwhile, the minimum lot for big non-institutional investors is 67 lots with 5,829 shares. The minimum investment required for retail category investors is Rs 14,880 (480 x 31 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,09,496 (172 x 1218 shares) for big non-institutional investors, it is Rs 10,02,588 (172 x 5,829 shares). Western Carriers IPO is a book-built issue of Rs 492.88 crores. This issue is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 2.33 crore equity shares amounting to Rs 400 crores. The offer-for-sale is of 0.54 crore equity shares amounting to Rs 92.88 crores. The allotment for this IPO is expected to be finalised on Thursday, September 19, 2024. Western Carriers Limited's IPO will be listed on both the exchanges BSE and NSE, and the listing date is fixed for Monday, September 23, 2024. Jm Financial Limited, Kotak Mahindra Capital Company Limited is the book-running lead manager of Western Carriers Limited. Link Intime India Private Limited is the registrar for this new IPO.Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout WESTERN CARRIERS INDIA LIMITED
Parent Organisation
-
Founded
2011
Managing Director
Rajendra Sethia and Kanishka Sethia
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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