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Western Carriers (India) Limited IPO Climbs to an Impressive 13.88x Subscription Rate on its Final Day!

Western Carriers (India) IPO had a final day subscription of 0.14 times from QIBs, 20.92 times from Non-Institutional Investors, and 18.60 times from RIIs, with a total rate of 13.88.
Western Carriers (India) Limited IPO Climbs to an Impressive 13.88x Subscription Rate on its Final Day!

Western Carriers (India) Limited IPO saw strong subscription rates on the final day. Qualified Institutional Buyers (QIBs) subscribed at 0.14 times, Non-Institutional Investors at 20.92 times, and Retail Institutional Investors (RIIs) at 18.60 times, with a total subscription rate of 13.88 times.

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Western Carriers (India) IPO Subscription Status

Western Carriers (India) Limited IPO made a strong impression on Day 3, with a 9.43 times subscription, reflecting a strong 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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