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Western Carriers (India) IPO

Open 13th Sep 2024 · Close 19th Sep 2024 · Listing 24th Sep 2024

Price Band₹163.00–₹172.00
Live GMP₹16.00
Subscription31.69×
Issue Size₹492.88 Cr
Allotment20th Sep 2024

IPO Objectives

Western Carriers (India) IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company₹163.50 Cr
2Funding of capital expenditure requirements of the Company towards purchase of: (i) commercial vehicles; (ii) 40 feet specialised containers and 20 feet normal shipping containers; and (iii) reach stackers; and₹151.71 Cr
3General corporate purposes₹47.73 Cr