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September 13, 2024 - September 19, 2024

Western Carriers (India) IPO Subscription Details

Western Carriers (India) IPO Subscription Status Live

Western Carriers (India) IPO subscribed 31.69 times. The public issue subscribed 26.92 times in the retail category, 28.81 times in QIB, and 46.68 times in the NII category by September 19, 2024 (Day 5).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions28.815,731,16316,50,92,6792,839.59
Non-Institutional Buyers46.684,298,37220,06,27,3073,450.79
  bNII (bids above ₹10L)41.652,865,58111,93,45,8172,052.75
  sNII (bids below ₹10L)56.731,432,7918,12,81,4901,398.04
Retail Investors26.9210,029,53526,99,92,6684,643.87
Employees[.]000
Others[.]000
Total 31.6920,059,07063,57,12,65410,934.26

Total Application : 2,887,712 (24.01 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Western Carriers (India) IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
September 13, 2024
0.000.401.540.85
Day 2
September 16, 2024
0.035.627.845.13
Day 3
September 17, 2024
0.1013.3313.979.87
Day 4
September 18, 2024
0.1421.9119.6914.58
Day 5
September 19, 2024
28.8146.6826.9231.69

Western Carriers (India) IPO Shares Offered

Western Carriers (India) IPO is a public issue of 28,655,813 equity shares. The issue offers 10,029,535 shares to retail investors, 5,731,163 shares to qualified institutional buyers, and 4,298,372 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor8,596,743147.8630.00%
QIB5,731,16398.5820.00%
NII4,298,37273.9315.00%
    bNII (bids above ₹10L)2,865,58149.2910.00%
    sNII (bids below ₹10L)1,432,79124.645.00%
Retail10,029,535172.5135.00%
Total28,655,813492.88100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Western Carriers (India) IPO Subscription FAQs

The Western Carriers (India) IPO is subscribed 31.69 by September 19, 2024.

Western Carriers (India) IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional28.81
Non Institutional46.68
Retail Individual26.92
Employee Reservations[.]
Others[.]
Total Subscription31.69

Retail category of Western Carriers (India) IPO subscribed 26.92 times as of date September 19, 2024. The public issue closes on September 19, 2024 for bidding.

An investor can apply in Western Carriers (India) IPO online via bank (using ASBA) or the broker (using UPI). The Western Carriers (India) IPO shares are offered online only.

The Western Carriers (India) IPO is subscribed 31.69 by September 19, 2024.

The Western Carriers (India) IPO allotment status is expected on or around September 20, 2024. Visit Western Carriers (India) IPO allotment status to check.

The Western Carriers (India) IPO listing date is Tuesday, September 24, 2024. The equity share of Western Carriers (India) Limited will list on BSE, NSE.

Visit Western Carriers (India) IPO subscription status page for real-time bidding information about Western Carriers (India) IPO.

Western Carriers (India) IPO Timetable

IPO Opens OnSeptember 13, 2024
IPO Closes OnSeptember 19, 2024
Finalisation of Basis of AllotmentSeptember 20, 2024
Initiation of RefundsSeptember 23, 2024
Credit of Shares to Demat AccountSeptember 23, 2024
IPO Listing DateSeptember 24, 2024

1 Comments

1. Billabong     Link|September 16, 2024 10:52:38 AM
Retail me lagana chahiye ya nahi 1 lot?