Western Carriers India Ltd IPO, GMP / Grey Market Premium, Price Band, Important Details: The initial public offering (IPO) of Western Carriers India Limited will open for subscription on September 13. The issue will be open till September 18.

Through the public offer, Western Carriers India Limited plans to raise nearly Rs 493 crore. Here are important points to know about the Western Carriers IPO before subscribing to the issue.

Western Carriers India Limited IPO | Company Details

According to the company’s official website, Western Carriers India Ltd is one of the largest private, multi-modal, rail focused, 4PL asset-light logistics company in India in terms of container volumes handled/operated by private players in Fiscal 2023.

Company’s domestic and EXIM market share, based upon container volumes handled, was 6% and 2%, respectively, in Fiscal 2023 (Source: 1Lattice Report). It have have several years of experience in road, rail and sea / river multi-modal movement for domestic as well as EXIM cargo in and out of India.

Western Carriers India Limited IPO | Important Dates

The initial public offering (IPO) of Western Carriers India Limited will open for subscription on September 13 and it will be open till September 18.

Western Carriers India Ltd IPO Size

Western Carriers India Limited IPO includes a fresh issue of up to 2.32 crore shares and an offer for sale (OFS) of up to 54 lakh shares.

Western Carriers India Ltd IPO: Price Band

Western Carriers India has fixed a price band of Rs 163-172 for the public offer, where investors can bid for 87 shares in one lot.