Western Carriers (India) Limited
13 Sep 2024 – 19 Sep 2024
LISTED
Offer Price
₹163–172
Bid lot
87
Min Application
₹14,964
Issue Size
₹493 Cr
Key dates
Open date
13 Sep 2024
Done
Close date
19 Sep 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
24 Sep 2024
Today
Issue reservation
₹493 CrQIB 50%Retail 35%
QIB
1.43 Cr sh · ₹246.50 Cr
Retail
1.00 Cr sh · ₹172.55 Cr
BRLM: JM Financial Limited · Kotak Mahindra Capital Company Limited
Lot ladder — how much to bid
1 lot = 87 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
87 sh · ₹14,964
Max · 13 lots
1,131 sh · ₹1,94,532
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
1,218 sh · ₹2,09,496
Max · 66 lots
5,742 sh · ₹9,87,624
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
5,829 sh · ₹10,02,588
Entry point
₹10,02,588 onward
Issue details
Lead managersJM Financial Limited, Kotak Mahindra Capital Company Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
27.15×
0×1×2×3×+
Heavily subscribed
Book₹419.05 Cr
Subscribed₹11,377 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,43,31,396₹246.50 Cr | 40,11,35,760₹6,900 Cr | 27.99× |
| HNI | 42,99,419₹73.95 Cr | 19,22,27,008₹3,306 Cr | 44.71× |
| Retail | 1,00,31,977₹172.55 Cr | 26,03,29,799₹4,478 Cr | 25.95× |
| Total | 2,43,63,373₹419.05 Cr | 66,14,65,559₹11,377 Cr | 27.15× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 6899.54 |
| HNI | 3306.30 |
| Retail | 4477.67 |
| Total | 11377.21 |
Amounts at the upper band (₹172). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Western Carriers (India) Limited IPO?
One lot of 87 shares — ₹14,964 at the upper price band of ₹172.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-09-24 on NSE.