Western Carriers IPO allotment finalised: How to check status online on Link Intime India, NSE

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2 min read | Updated on September 21, 2024, 10:06 IST

SUMMARY

Western Carriers IPO allotment status: As the subscription period has concluded, investors will be keen to check the Western Carriers IPO allotment status, which has been finalised. The status can be checked on the official websites of registrar Link Intime India, the NSE and the BSE.

Western Carriers (India) Limited is the largest private, multimodal, rail-focused, 4PL asset-light logistics company.

Western Carriers IPO allotment status: The initial public offering (IPO) of Western Carriers (India) received a decent response from investors, with the issue being subscribed 30.46 times during the bidding period.

According to the consolidated bidding data on NSE, the initial share sale received bids for 63.57 crore shares against 2.08 crore equity shares on offer.

Category	Number of times subscription
Qualified Institutional Buyers (QIBs)	27.99
Non-institutional investors	44.67
Retail Individual Investors (RIIs)	25.77

The Kolkata-based company's ₹492.88 crore IPO, which had a price band of ₹163-₹172 per share, was a combination of a fresh issue of shares worth ₹400 crore and an offer-for-sale of shares worth ₹93 crore.

As the subscription period has concluded, investors will be keen to check the Western Carriers IPO allotment status, which has been finalised. The status can be checked on the official websites of registrar Link Intime India, the NSE and the BSE.

Western Carriers IPO allotment: How to check status on NSE

Visit the NSE's allotment status portal - www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
If you have already signed up, log in using your username and password. One can sign up if they don't have an account.
Select 'Western Carriers'
Verify PAN and enter IPO application number
Click on the 'submit.'

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Western Carriers IPO allotment: Steps to check status on Link Intime India

Visit Link Intime India Pvt Ltd - https://www.linkintime.co.in/
Go to Investor Services and select Public Issues
From the drop-down menu, select Western Carriers India
Fill in your application No, DP/Client ID, PAN, or Account No / IFSC
Submit to check the allotment status

Western Carriers IPO: Listing date

Shares will be credited to the Demat accounts of successful investors on September 23, and the refund for unsuccessful investors will be initiated on the same day. Western Carriers' IPO listing date is September 24.

Western Carriers is a major logistics company, with over 1,600 clients in varied sectors such as FMCG, metals and mining, building materials, chemicals, pharmaceuticals, oil and gas, and utilities as of March 2024.

To know more about IPOs listing, schedule and upcoming IPOs, click here.

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About The Author

Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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Western Carriers IPO allotment finalised: How to check status online on Link Intime India, NSE

Western Carriers IPO allotment: How to check status on NSE

Western Carriers IPO allotment: Steps to check status on Link Intime India

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