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Western Carriers (India) Limited IPO Hits a Fantastic 4.83x Subscription on Day 2!

Western Carriers (India) Limited IPO had a Day 2 subscription of 0.03 times from QIBs, 5.35 times from Non-Institutional Investors, and 7.32 times from RIIs, with an overall rate of 4.83 times.
Western Carriers (India) Limited IPO Hits a Fantastic 4.83x Subscription on Day 2!

Western Carriers (India) Limited IPO saw strong subscription rates on Day 2. Qualified Institutional Buyers (QIBs) subscribed at 0.03 times, Non-Institutional Investors at 5.35 times, and Retail Institutional Investors (RIIs) at 7.32 times, with an overall subscription rate of 4.83 times.

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Western Carriers (India) IPO Subscription Status

Western Carriers (India) Limited IPO made a strong impression on Day 1, with a 0.79 times subscription, reflecting solid investor confidence and a positive market reception.

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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