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Home All IPOs Western Carriers (India) Ltd. IPO
Western Carriers (India) Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹172
Issue Price
₹172
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹172
GMP based
Lot Size
87
shares / lot
Min Amount
₹14,964
1 lot · 87 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
13 Sep 2024
Fri Completed
Done
Close Date
19 Sep 2024
Thu Completed
Done
Allotment
20 Sep 2024
Fri Completed
Done
Refund
23 Sep 2024
Mon Completed
Done
Demat Credit
23 Sep 2024
Mon Completed
Done
Listing Date
24 Sep 2024
Tue Completed
UPI Deadline: 19 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹172 Face ₹5
Lot Size
87 shares
Min Investment
₹14,964
Total Issue Size
2,86,55,813 shares (aggregating up to ₹492.88 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,43,27,906 (50.00%)
NII / HNI
42,98,372 (15.00%)
Retail
1,00,29,535 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
7,86,99,400 shares
Post-Issue Shareholding
10,19,55,213 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 87 ₹14,964
HNI / NII 14 1,218 ₹2,09,496
bHNI / bNII 67 5,829 ₹10,02,588
Objects of Issue
3 objectives
1
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company;
2
Funding of capital expenditure requirements of our Company towards purchase of: commercial vehicles; 40 feet specialised containers and 20 feet normal shipping containers; and reach stackers; and
3
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
IPO Timeline
Open
13 Sep
✓ Done
Close
19 Sep
✓ Done
Allotment
20 Sep
✓ Done
Listing
24 Sep
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
westerncarriers.ipo@linkintime.co.in
Company Contact
Email
investors@westcong.com
Phone
+91 33 2485 8519
Address
2/6 Sarat Bose Road 2nd Floor, Kolkata-700020 Kolkata, West Bengal
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹172
Est. Listing
₹172
Lot Size
87 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Western Carriers (India) Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹172
GMP
+₹0 (+0%)
GMP Est. Listing
₹172
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,43,27,906 (50.00%) ₹24,644.00 Cr
NII / HNI (Total) 42,98,372 (15.00%) ₹7,393.20 Cr
Retail Investors 1,00,29,535 (35.00%) ₹17,250.80 Cr
Total ** 2,86,55,813 (100.00%) ₹492,879.99 Cr
* Based on ₹172.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,43,27,906 (50.00%)
NII
42,98,372 (15.00%)
Retail
1,00,29,535 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue1691.411637.841475.79
PAT80.3571.5761.13
EBITDA
Net Worth398.36318.61257.58
Total Assets754.01604.14490.33
Reserves359.01279.08157.12
Borrowings266.00210.47150.40
Key Financial Ratios
22.41%
ROE
Return on Equity
29.23%
ROCE
Return on Capital Employed
20.17%
RONW
Return on Net Worth
0.67
D/E Ratio
Debt to Equity
3.40
P/BV
Price to Book Value
10.21
Pre EPS
EPS Pre-Issue
7.88
Post EPS
EPS Post-Issue
16.85
Pre P/E
P/E Pre-Issue
21.83
Post P/E
P/E Post-Issue
About Western Carriers (India) Ltd.

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.

Frequently Asked Questions
What is the issue price of Western Carriers (India) Ltd. IPO?
The issue price of Western Carriers (India) Ltd. IPO is ₹172 per share, face value ₹5.
What is the lot size?
Minimum lot size is 87 shares, requiring ₹14,964.
What are the IPO dates?
Opens 13 Sep 2024, closes 19 Sep 2024.
When is the listing date?
Tentative listing: 24 Sep 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹172 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Western Carriers (India) Ltd. IPO · Expected 20 Sep 2024

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Post-IPO Timeline
Allotment Date
20 Sep 2024
Refund Initiation
23 Sep 2024
Demat Credit
23 Sep 2024
Listing Date
24 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹172
Face ₹5
Lot Size
87
shares / lot
Min Amount
₹14,964
1 lot
Est. Listing
₹172
GMP +₹0
Key Dates
Open
13 Sep Done
Close
19 Sep Done
Listing
24 Sep Done
Registrar
MUFG Intime India Pvt.Ltd.
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