Western Carriers India IPO Allotment Date and Subscription Status Insights

Friday, 20 September 2024, 09:05

Western Carriers India IPO has drawn significant interest, with key information on bidding and allotment status. The allotment date is expected today, September 20, 2024. Investors can easily check their status online. The IPO has demonstrated a robust subscription rate, indicating strong market performance.
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Western Carriers India IPO Allotment Date and Subscription Status Insights

Key Details of Western Carriers India IPO

The Western Carriers India IPO has been one of the most anticipated public offerings this month. With bidding closing after five dynamic days, attention shifts to the allotment date, projected for September 20, 2024. Investors are keen to check their status effectively.

Understanding the Subscription Status

During the bidding phase, the Western Carriers India IPO showed an impressive overall subscription of 30.57 times. Breaking this down:

  • Retail portion subscribed: 25.95 times
  • NII segment booked: 44.71 times
  • QIB segment filled: 27.99 times

Checking the Allotment Status

Investors can verify their allotment status through the following methods:

  1. BSE Website: Go to bseindia.com, select 'Equity', choose Western Carriers (India) Limited, enter your application number, and click 'Search'.
  2. Link Intime Portal: Visit linkintime.co.in, select the 'PAN number' option, and click 'Submit' to view your status.

Market Performance Insights

Current Grey Market Premium (GMP)

The Western Carriers India IPO is trading at a premium of ₹51 in the grey market today. Analysts attribute this to a favorable sentiment in the secondary market and the strong subscription figures.


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.


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