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IPO Snapshot
Western Carriers (India) Ltd.
Issue Open Date 13-Sep-24  
Issue Closing Date 19-Sep-24  
Application Money 100  
Allotment Money  
Price Band 163 - 172  
Minimum Bid Quantity. 87  
Issue Size (Shares) 20868467  
Market Lot 1  
Objective :
1. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company;2. Funding of capital expenditure requirements of our Company towards purchase of: (i) commercial vehicles; (ii) 40 feet specialised containers and 20 feet normal shipping containers; and (iii) reach stackers; and3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   4490982   200804700   44.71  
Qualified Institutional Buyers   5898528   165092679   27.99  
Retail Individual Investors   5898528   165092679   27.99  
Business Description
We are the largest private, multi-modal, rail focused, 4PL asset-light logistics company in India in terms of container volumes in Fiscal 2022. Our domestic and EXIM market share, based upon container volumes handled, was 7% and 3%, respectively, in Fiscal 2022 (Sour...
Promoter's Holding
Total Share Capital   78699320  
Offered to Public   29939877  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)    
More
Address
2/6 Sarat Bose Road
2nd Floor

Kolkata ,
West Bengal ,
700020
Phone : 033-24858519
Email : accounts@westcong.com
Website : www.western-carriers.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
JM Financial Ltd.
Kotak Mahindra Capital Co Ltd
Promoters
Kanishka Sethia
Rajendra Sethia
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