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Western Carriers (India) IPO
₹159.44
−7.30% on listing
Listing-day close · NSE · 24 Sep 2024 · issue price ₹172
Western Carriers (India)’s ₹493 crore IPO was priced at ₹172 a share. It listed on the NSE on 24 Sep 2024 and closed its first day at ₹159.44, down 7.30% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹493 Cr
- Fresh issue
- ₹400 Cr
- Offer for sale
- ₹92.88 Cr
- Lot size
- 87 shares
- Minimum investment
- ₹14,964
- Face value
- ₹5
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 22.51× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,754 Cr
- P/E (post-issue)
- 21.8
- EPS (post-issue)
- ₹7.88
- Price to book
- 3.4
- ROE
- 22.41%
- ROCE
- 29.23%
- Debt to equity
- 0.67
- PAT margin
- 4.77%
- Promoter holding
- 99.99% → 71.89%
Financials as of 31 Mar 2024, from the offer documents.
Listing
- Listing date
- 24 Sep 2024
- Issue price
- ₹172
- Open
- ₹171.00
- High
- ₹177.00
- Low
- ₹158.51
- Close
- ₹159.44
Listing day on the NSE. The close was −7.30% on the issue price.
WESTERN CARRIERS IND L share price todayFAQs
When did the Western Carriers (India) IPO open and close?
It opened on 13 Sep 2024 and closed on 19 Sep 2024.
What was the Western Carriers (India) IPO price?
The price band was ₹163–172 a share. The final issue price was ₹172.
What is the lot size and minimum investment?
One lot is 87 shares, ₹14,964 at ₹172 a share. Retail investors apply in whole lots.
How much did Western Carriers (India) raise?
₹493 crore: ₹400 crore of new shares and ₹92.88 crore offered by existing shareholders.
How many times was the Western Carriers (India) IPO subscribed?
22.51 times overall.
How did Western Carriers (India) list?
It listed on the NSE on 24 Sep 2024 at ₹171.00 and closed the day at ₹159.44, down 7.30% on the ₹172 issue price.
Who is the registrar of the Western Carriers (India) IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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