The Western Carriers (India) has begun on 13-September-2024. It will close on 19-September-2024. The Total IPO Size is 492.88 Crore. The company set its IPO price is 172 Rs Per Share.
Basically, there are three basic categories in Western Carriers (India) IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Western Carriers (India) is incorporated in 2011.
Western Carriers (India) is a largest private, multi-modal, rail focused, 4PL asset-light logistics company in India.
They operate on a scalable, asset-light business model which enables us to provide differentiated 3PL and 4PL solutions.
Key Customer 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”),Sheela Foam Limited (“Sleepwell”) and DHL Logistics Private Limited (“DHL”).
Company Promoters
Rajendra Sethia and Kanishka Sethia are the Promoters.
Western Carriers (India) IPO Date, Details & Price Band
The Western Carriers (India) IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 13-September-2024 |
| IPO Closing Dates | 19-September-2024 |
| Price Band | 163-172 Rs |
| Fresh size | 400.00 Crore |
| OFS size | 92.88 Crore |
| Total IPO size | 492.88 Crore |
| Minimum bid (lot size) | 87 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Western Carriers (India) IPO Market Lot
The Western Carriers (India) IPO minimum market lot is 87 shares With 14,964 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 87 | 14,964 ₹ |
| Retail Maximum | 13 | 1131 | 194,532 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 754.01 | 1,691.41 | 80.35 |
| 31-Mar-23 | 604.14 | 1,637.84 | 71.57 |
Western Carriers (India) IPO GMP & Grey Market Premium
Western Carriers (India) IPO GMP Grey market premium has been started today. Check Latest Western Carriers (India) IPO GMP, Kostak Rates and Subject to Sauda Price here.
Western Carriers (India) IPO Prospectus
Western Carriers (India) IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Western Carriers (India) IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
Western Carriers (India) IPO Form Download
Western Carriers (India) IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Western Carriers (India) IPO forms.
Western Carriers (India) IPO Allotment Date & Details
| Allotment Date | 20-Sep-2024 |
| Initiation of refunds | 23-Sep-2024 |
| Transfer of shares to Demat accounts | 23-Sep-2024 |
| Listing Date | 24-Sep-2024 |
| Check Allotment Status | Click here |
Registrar of Western Carriers (India)
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg
Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 81 0811 4949
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Western Carriers (India) Contact Details
Western Carriers (India) Limited
694,Narayan Peth,
Pune – 411 030
Phone: +912024478474
Email: [email protected]
Website: https://www.pngjewellers.com/
Western Carriers (India) IPO Lead Managers
Kotak Mahindra Capital Company Limited
27 BKC, 1st Floor, Plot No. C – 27
“G” Block, Bandra Kurla Complex
Bandra (East), Mumbai 400 051
Maharashtra, India
Telephone: +91 22 4336 0000
E-mail: [email protected]
Website: https://investmentbank.kotak.com
Investor Grievance ID: [email protected]
Contact Person: Ganesh Rane
SEBI Registration No.: INM000008704
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025
Maharashtra, India
Telephone: +91 22 6630 3030/ +91 22 6630 3262
E-mail : [email protected]
Investor grievance e-mail : [email protected]
Website : www.jmfl.com
Contact Person : Prachee Dhuri
SEBI Registration No. : INM000010361