Western Carriers IPO Allotment Status and Subscription Updates
Western Carriers (India) Ltd shares are expected to be allotted to successful bidders on September 20. The public subscription saw a huge interest with 63.78 crore shares bid for, compared to 2.08 crore on offer. The Rs 493-crore Western Carriers IPO raised Rs 148 crore from anchor investors.
Steps to Check Allotment Status on Link Intime
- Visit the registrar's page.
- Select Western Carriers in the dropdown.
- Enter PAN or Application details.
- Click Submit.
- Your allotment status will display.
Check Allotment Status on BSE
- Go to BSE’s official site.
- Click on 'Investors'.
- Select 'Status of Issue Application'.
- Choose 'Application Status Check'.
- Select Equity, fill in the Issue Name, enter PAN, and search.
Western Carriers IPO GMP Today
The shares command a GMP of Rs 20, with listing expected on September 24. The IPO includes an equity fresh issue up to Rs 400 crore and OFS of 54 lakh shares valued approximately at Rs 93 crore.
The raised funds will be allocated to debt repayment, capital expenditure, and corporate needs. Western Carriers serves a diverse clientele across critical sectors, enhancing its market footprint.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.