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Western Carriers (India) IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 492.88 Cr. The company is based in Kolkata and caters to Logistics sector. Jm Financial , Kotak Mahindra Capital Company are the merchant bankers of Western Carriers (India) IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th June 2023.
Western Carriers (India) IPO open date is 13th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.
IPO
Size:
₹ 492.88 Cr.
Avg IPO Size (Sector Based)
: ₹
1,211.04 cr.
Sector: Logistics
IPO so far:
13
Merchant Banker:
Jm Financial
IPO by BRLM so far:
113
City:
Kolkata
IPO so far:
29
Revenue (annualised):
₹
1691.41
cr. 
PE
Ratio:
21.83x
Average Sector PE Ratio: 21.89x
Western Carriers (India) IPO size is ₹ 492.88 Cr. with IPO price of ₹ 172.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Jm Financial Limited is the book-running lead manager of the Western Carriers (India) IPO. Link Intime India Private Limited is the Registrar for Western Carriers (India) IPO.
Western Carriers (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Western Carriers (India) IPO, based in Kolkata, operates in the Logistics sector with a focus on Multi-modal, rail-focused, 4PL asset-light logistics company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Western Carriers (India) IPO size is ₹ 492.88 Cr. with fresh issue size of ₹ 400.00 Cr. and Offer for sale being ₹ 92.88Cr.
The IPO allotment date for Western Carriers (India) IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Western Carriers (India) IPO allotment status on the registrars website, Link Intime India Private Limited . Western Carriers (India) IPO refund dates are 23rd September 2024.
Western Carriers (India) IPO is expected to be listed on 24th September 2024.
The upper price band for the Western Carriers (India) IPO is set at ₹ 172.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Western Carriers (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Western Carriers (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2024. After submission, funds are blocked until the basis of allotment of Western Carriers (India) IPO is finalised.
The merchant banker for Western Carriers (India) IPO is Jm Financial Limited , Kotak Mahindra Capital Company Limited . Jm Financial Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Western Carriers (India) IPO RHP for further details.
The registrar for Western Carriers (India) IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Western Carriers (India) IPO through their official website or helpline.
Western Carriers (India) IPO was subscribed 31.69 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 492.88 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,211.04 Cr.
Sector: Logistics
IPO so far:
13
Merchant Banker:
Jm Financial
IPO by BRLM so far:
113
City:
Kolkata
IPO so far:
29
Revenue (annualised):
₹ 1,685.70 cr.
PE
Ratio:
21.83x
Average Sector PE Ratio: 21.89x
Western Carriers (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Western Carriers (India) Financial Review Page
Merchant Banker(s) of Western Carriers (India) IPO: Jm Financial Limited , Kotak Mahindra Capital Company Limited
Western Carriers (India) IPO subscription was 31.69 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Western Carriers (India) IPO listed at a listing price of 159.45 against the offer price of 172.00.
The current market price of Western Carriers (India) is 107.00.
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