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Western Carriers (India) IPO

Listed Listed stocks

Western Carriers (India) IPO Details

  • Bidding Date

    13-Sep-2024 to
    19-Sep-2024

  • Issue Size

    ₹492.88 Cr

  • Price Band

    ₹163 to ₹172

  • Allotment date

    19-Sep-2024

  • Listing date

    24-Sep-2024

  • Lot size

    87

  • No. of shares

    2,86,55,814

  • Fresh issue/OFS

    ₹400 Cr/₹92.88 Cr

About Western Carriers (India) Company

The company, established by promoter Rajendra Sethia in 1972 as a rail-focused logistics business, was acquired by its current form in 2013. Operating under an asset-light model, the company offers differentiated 3PL and 4PL logistics services across various modes of transportation, including road, rail, air, and sea. The company focuses on delivering comprehensive, customized solutions to clients in sectors such as metals, FMCG, pharmaceuticals, chemicals, and oil and gas. With its focus on customer-specific logistics needs, the company delivers value-added services like inventory planning, warehousing, material handling, and customs clearance. It boasts long-term relationships with major clients like Tata Steel, Hindalco, and Coca-Cola India.

Read our in-depth analysis of the Western Carriers (India) Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    28x

  • NIIs

    44.6x

  • Retail

    25.4x

  • Others

    --

  • Total

    30.3x

Western Carriers (India) Financials

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FAQs for Western Carriers (India) IPO.

The issue size of Western Carriers (India) is ₹492.88 Cr.

Western Carriers (India) falls into Logistics industry.

The Western Carriers (India) IPO will be listed on both NSE and BSE.

The open and close dates for the Western Carriers (India) are 13-Sep-2024 & 19-Sep-2024.

The price band for the Western Carriers (India) ipo is ₹163 to ₹172

The listing date of Western Carriers (India) IPO is 24-Sep-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Western Carriers (India) total subscription ratio is 30.3X.

Key financial of the Western Carriers (India) are:


Western Carriers (India) FY-24 FY-23 FY-22
Revenue (₹ Cr) 1685.77 1633.06 1470.88
EBIT (₹ Cr) 124.93 106.78 92.66
Proft after Tax (₹ Cr) 80.35 71.57 61.13
Debt (₹ Cr) 266 210.47 150.4
Net Worth (₹ Cr) 398.36 318.61 257.58
RoE (%) 20.17 22.46 23.73

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