Talking about the IPO of Western Carriers India, it is a book built issue of Rs 492.88 crore. This issue is a combination of the latest issue of 2.33 crore shares, which is a total of Rs 400.00 crore and apart from this, an offer for sale of 0.5 crore shares is equal to a total of Rs 92.88 crore.
Western Carriers India IPO was opened for subscription on September 13, 2024 and the subscription will close today on Thursday i.e. September 19, 2024. Allotment for Western Carriers India IPO is expected to be finalized tomorrow i.e. Friday, September 20, 2024. Western Carriers India IPO will be listed on BSE, NSE and its tentative listing date has been fixed as Tuesday, September 24, 2024.
Western Carriers IPO GMP Today On 19th September, 2024
Check out Western Carriers IPO GMP aka IPO Grey Market Premium, Costak rates and Subject to deal rates as of today. Western Carriers IPO GMP seems to be stable around Rs. 50 today. Keep reading this article further to know about the latest IPO GMP numbers of Western Carriers IPO.
Western Carriers IPO GMP made a high of Rs 62 yesterday on 18th September 2024 while it hit the lowest level of Rs 30 on 13th September.
About Western Carriers India Limited
Incorporated in March 2011, Western Carriers India Limited is a multi-modal, rail-focused, 4PL asset-light logistics Indian company. The company offers a completely customisable, hassle-free multi-modal logistics solution encompassing road, rail, water and air transport and a tailored range of value-added services.
The company provides its services in various sectors such as metals, fast-moving consumer goods (FMCG), pharmaceuticals, chemicals, engineering, oil and gas and retail. The company has as its clients companies such as Tata Steel Limited (TATA Steel), Hindalco Industries Limited (Hindalco), Jindal Stainless Limited (JSL), JSW Steel Coated Products Limited (JSW), Bharat Aluminium Company Limited, etc.
Western Carriers (India) IPO Details
IPO Date | September 13, 2024 to September 19, 2024 |
Listing Date | [.] |
Face Value | ₹ 5 per share |
Price Band | ₹163 to ₹172 per share |
Lot Size | 87 Shares |
Total Issue Size | 28,655,813 shares
(aggregating up to ₹492.88 Cr) |
Fresh Issue | 23,255,813 shares
(aggregating up to ₹400.00 Cr) |
Offer for Sale | 5,400,000 shares of ₹5
(aggregating up to ₹92.88 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 78,699,400 |
Share Holding Post Issue | 101,955,213 |
Read more: BSE Share Price Target Today