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Western Carriers (India) Limited logo

Western Carriers (India) Limited IPO

Mainboard IPOListedWCILNSE
Current Market Price (CMP)
₹91(-47.09%)
Current Price (CMP)
₹91(-47.09%)

Live Market Quote

Listing Price & Gain
₹171(-0.58%)

Day 1 Exchange Open

IPO Issue Price
₹172

Band: ₹163 - ₹172

Total Subscription
30.57x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 Sept 2024
IPO Bidding Closes
19 Sept 2024
Allotment & Refunds
Completed
Exchange Listing Day
24 Sept 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 30.57x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)27.99x
Non-Institutional Investors (NII / HNI)44.71x
Retail Individual Investors (RII)25.95x
Total Subscription30.57x
Updated as on 19-Sep-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain-0.58%
₹172 (Issue) → ₹171 (List)
Per share profit: ₹-1.00
Holding Return (Till Date)-47.09%
₹172 (Issue) → ₹91 (CMP)
Net gain per share: ₹-81.00
Post-Listing Performance (Listing Day → Today):-46.78%

About Western Carriers (India) Limited IPO

Western Carriers (India) Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 13 Sept 2024 and concluded on 19 Sept 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹163 - ₹172.

During the bidding window, Western Carriers (India) Limited witnessed heavy demand with an overall subscription of 30.57 times. Institutional investors (QIB) subscribed 27.99x, non-institutional high-net-worth investors (NII) subscribed 44.71x, and retail individual investors (RII) bid 25.95x their reserved quota.

The equity shares of Western Carriers (India) Limited officially debuted on the stock exchanges on 24 Sept 2024 at an opening listing price of ₹171, delivering a listing day return of -0.58% (discount) over the final issue price. As per the latest market data, the stock trades at ₹91, representing an overall decline of -47.09% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Western Carriers (India) Limited IPO?
The issue price of Western Carriers (India) Limited IPO was fixed at ₹172 per equity share. The indicative bidding price band was ₹163 - ₹172.
What were the open, close, and listing dates for Western Carriers (India) Limited IPO?
Western Carriers (India) Limited IPO opened on 13 Sept 2024, closed on 19 Sept 2024, listed on 24 Sept 2024.
How much was Western Carriers (India) Limited IPO subscribed?
The IPO received an overall subscription of 30.57 times. Category-wise, QIBs subscribed 27.99x, NIIs subscribed 44.71x, and Retail investors subscribed 25.95x.
What was the listing price and listing gain of Western Carriers (India) Limited IPO?
Western Carriers (India) Limited IPO listed on the stock exchange at ₹171, delivering a listing discount of 0.58% compared to the IPO issue price of ₹172.
Is Western Carriers (India) Limited IPO a Mainboard or SME IPO?
Western Carriers (India) Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Western Carriers (India) Limited IPO since its IPO?
At the latest market quote of ₹91, Western Carriers (India) Limited IPO has generated an all-time return of -47.09% since its initial public offering.

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