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:
- BSE Website: Go to bseindia.com, select 'Equity', choose Western Carriers (India) Limited, enter your application number, and click 'Search'.
- 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.