Western Carriers India IPO subscribed 8.20 times on Day 3

17 Sep 2024 , 03:08 PM

Bidding for Western Carriers (India) Limited’s initial public offering (IPO) began on September 13, 2024, which was Friday last week. The public issue will be open until September 19th, 2024, which is Thursday this week. Western Carriers India’s IPO pricing band is set at ₹163 to ₹172 per equity share.

The book building issue is proposed for listing on the BSE and NSE. The company plans to raise 492.88 crore through a combination of fresh shares and an Offer for Sale (OFS). Following day one of bidding, the Western Carriers India IPO subscription status indicates that investors have responded positively to the mainboard IPO.

By 2:54 PM on the third day of bidding, the book build issue had been subscribed 8.18 times, the retail component of the public issue had been booked 11.82 times, the NII segment had been filled 10.34 times, and the QIB portion had received bids 0.05 times.

For feedback and suggestions, write to us at [e-mail]