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Western Carriers (India) Limited IPO Kicks Off with 0.79x Subscription on Opening Day!

News by Aliceblue News Desk

13 Sept 2024

Western Carriers (India) Limited IPO Kicks Off with 0.79x Subscription on Opening Day!

Western Carriers (India) Limited IPO saw varied subscription rates on Day 1. Qualified Institutional Buyers (QIBs) recorded a subscription of 0.00, Non-Institutional Investors (NIIs) subscribed at 0.38, and Retail Institutional Investors (RIIs) at 1.41, leading to an overall subscription rate of 0.79.

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How to check Western Carriers (India) IPO Subscription Status?

Steps to check Western Carriers (India) Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Western Carriers (India) Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Western Carriers (India) Limited IPO Allotment Status

The allotment date for the Western Carriers (India) Limited IPO is set for September 19, with shares priced from ₹163 to ₹172 per share and a face value of ₹5. The offering consists of lots of 87 shares, with bids accepted for these lots or their multiples.

Western Carriers (India) Limited IPO Listing Date 

Western Carriers (India) Limited IPO is expected to be listed on the NSE SME on September 23, 2024.

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