Western Carriers IPO Subscription Details

Bookbuilding IPO | ₹493 Cr | Listed at BSE, NSE | Fri, Sep 13, 2024 - Thu, Sep 19, 2024

Basis of Allotment - Western Carriers IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)57,31,16385,96,7431,43,27,90614,32,79128,65,58142,98,3721,00,29,5352,86,55,813
Allotment price (Rs.)172172172172172172172172
No.of applications42155763,78519,57983,36425,60,72126,44,142
No.of shares applied16,34,90,48785,96,74317,20,87,2308,15,20,04411,85,00,09020,00,20,13427,29,28,39664,50,35,760
Amount collected (Rs.cr.)2,812.04 147.86 2,959.90 1,402.14 2,038.20 3,440.35 4,694.37 11,094.62
No.of times subscribed28.531.0012.0156.9041.3546.5327.2122.51
No.of shares allotted57,31,16385,96,7431,43,27,90614,32,79128,65,58142,98,3721,00,29,5352,86,55,813
Amount (Rs.cr.)98.58 147.86 246.44 24.64 49.29 73.93 172.51 492.88
No.of allottees4215571,1762,3523,5281,15,2821,18,867

IPO Shares Offered

Western Carriers IPO is a public issue of 2.87 Cr equity shares. The issue offers 1.00 Cr shares to retail investors, 1.43 Cr shares to qualified institutional buyers, and 0.43 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,43,27,906246.44 50.00%
    Anchor 85,96,743 147.86 30.00%
    QIB (Ex Anchor) 57,31,163 98.58 20.00%
NII 42,98,37273.93 15.00%
    bNII (> ₹10L)28,65,58149.29 10.00%
    sNII (< ₹10L)14,32,79124.64 5.00%
Retail1,00,29,535172.51 35.00%
Total2,86,55,813492.88 100%

Western Carriers IPO Anchor Investor Allocation

A total of 85,96,743 shares at a price of Rs 172 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 12, 2024
Anchor investor price₹172.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days42,98,372
No. of shares locked-in for 90 days42,98,372

IPO Subscription FAQs

The Western Carriers IPO is subscribed 31.69 times by Sep 19, 2024 18:16.

Western Carriers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional28.81
Non Institutional46.68
Retail Individual26.92
Total Subscription31.69

Retail category of Western Carriers IPO subscribed 26.92 times as of date Sep 19, 2024 18:16. The public issue closes on Thu, Sep 19, 2024 for bidding.

An investor can apply in Western Carriers IPO online via bank (using ASBA) or the broker (using UPI). The Western Carriers IPO shares are offered online only.

The Western Carriers IPO is subscribed 31.69 times by Sep 19, 2024 18:16.

The Western Carriers IPO allotment status is expected on or around Friday, September 20, 2024. Visit Western Carriers IPO allotment status to check.

The Western Carriers IPO listing date is September 24, 2024. The equity share of Western Carriers IPO will list on BSE, NSE.

Visit Western Carriers IPO subscription status page for real-time bidding information about Western Carriers IPO.

Western Carriers IPO Timetable

IPO opens OnFriday, September 13, 2024
IPO Closes OnThursday, September 19, 2024
Finalisation of Basis of AllotmentFriday, September 20, 2024
Initiation of RefundsMonday, September 23, 2024
Credit of Shares to Demat AccountMonday, September 23, 2024
IPO Listing DateTuesday, September 24, 2024
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