Western Carriers (India) IPO Live Subscription Status & Rate 2024

Western Carriers (India) IPO Live Subscription Status: Western Carriers (India) IPO is Open on 13 September 2024 and Close on 19 September 2024. Western Carriers (India) IPO to Raise 28,655,813 shares (Approx ₹492.88 Cr) via IPO. The Fresh Issue is 23,255,813 Shares (Approx ₹400.00 Cr) and the offer for sale is 5,400,000 Shares of ₹5 (Approx ₹92.88 Cr).

• The Retail Quota is 35%
• QIB is 50%
• NII is 15%

The Western Carriers (India) IPO is an Mainline IPO and Listed on NSE & BSE. Western Carriers (India) IPO Price Band is Fixed at ₹172 Equity Shares. Western Carriers (India) IPO Lot Size is 87 Shares.

Also Read: Western Carriers (India) IPO GMP, Price, Date, Latest IPO Details

Western Carriers (India) IPO Subscription Status, Rate bid times

Western Carriers (India) IPO Subscription Status day-by-day-

About  IPO :

Western Carriers (India) operate on a scalable, asset-light business model which enables us to provide differentiated 3PL and 4PL solutions. We endeavour to address complexities by creating customised, one-stop/single-window, end-to-end and integrated logistics solutions for our customers, which involve a variety of value-added services across the supply chain.

Established his logistics business as a rail-focused logistics business in 1972, which was later acquired by our Company in 2013. Over the last 50 years, our business has continued to evolve to provide end-to-end, customised, multi-modal logistics solutions across the supply chain integrating road, railway, water and air logistics along with a bespoke suite of value-added services.

We believe that our technological capabilities play a key role in helping us effectively manage our operations, maintaining operational and fiscal controls, and supporting our efforts to enhance client service levels and deliver shipments on time. According to the 1Lattice Report, we have been at the forefront of integrating modern technology into our services.

Our experienced management team has project execution and development skills, which enable us to execute projects efficiently. Further, our understanding of customers’ supply chain, regional market dynamics for multi-modal transportation, long-standing relationships with our customers and our connection with the Indian Railways enables us to deliver cost and time effective solutions for our customers.

Over the next few years, we intend to enhance our scope of engagement with existing customers by strengthening our existing service offerings, adding new offerings, servicing newer geographies, providing additional value-added services and offering time and cost saving solutions to them. Furthermore, we intend to continue to grow our share ofour customers’ spend on logistics by expanding the levels of our engagement with them across multiple plants, locations and geographies and the sectors that our customers operate in.

Western Carriers (India) holdings Investor Categories

• Qualified Institutional Buyers (QIB).
• Non- Institutional Investors (NII).
• Retail individual Investors (RII).
• Employee (EMP).
• Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. 

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” 

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