IPO Trending
WCILEQ / NSE, BSEListed
Western Carriers (India)

Western Carriers (India) Limited, established in March 2011, is a rail-focused, asset-light logistics company offering customized multi-modal transportation solutions across road, rail, water, and air. It serves diverse industries like metals, FMCG, pharmaceuticals, chemicals, engineering, oil and gas, and retail, with major clients including Tata Steel, Hindalco, JSW, Vedanta, and Hindustan Unilever. The company also provides international chartering, stevedoring at Indian ports, and coastal cargo movement, specializing in rail-road logistics. Managing supply chains for top metal and resource groups, Western Carriers had over 1,100 customers and 1,350 employees as of December 31, 2022.

₹163 - ₹17231.92x sub
Listed Price₹171.00
Listing Gain-0.58%

IPO Schedule & Timeline

Bookbuilding IPO
Open13 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB57,31,164 shares
28.57%
HNI42,98,372 shares
21.43%
Retail1,00,29,535 shares
50%

Minimum Application Lots

Retail1 Lot (87 shares)
₹14,964
sHNI14 Lots (1,218 shares)
₹2,09,496
bHNI67 Lots (5,829 shares)
₹10,02,588

Company Promoters

Rajendra SethiaKanishka Sethia

Company Background

Western Carriers (India) Limited, established in March 2011, is a rail-focused, asset-light logistics company offering customized multi-modal transportation solutions across road, rail, water, and air. It serves diverse industries like metals, FMCG, pharmaceuticals, chemicals, engineering, oil and gas, and retail, with major clients including Tata Steel, Hin...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹1691.41 Cr
Growth+14.6%
Revenue Trend (₹ in Crores)
0.0648.41.3k1.9kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-241,691.4180.35754.01266
Mar-231,637.8471.57604.14210.47
Mar-221,475.7961.13490.33150.4

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 10.2122.41%29.23%16.8521.83
Mar-23 9.0924.84%29.71%00
Mar-227.7726.92%33.40%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
20 Sep 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
24 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Western Carriers (India). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Sep 2024Trading commences on exchange

How to Check Western Carriers (India) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Western Carriers (India) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Western Carriers (India) IPO

Complete issue overview for Western Carriers (India) (WCIL) IPO. The issue features an equity share price band of ₹163 – ₹172 per share with a minimum retail lot size of 87 Shares (minimum application amount of ₹14,964). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions