What is the Western Carriers (India) Limited price band and lot size?

Western Carriers (India) Limited is priced at ₹163 – ₹172 per share with a lot size of 87 shares, so the minimum application is ₹14,964.

What was the Western Carriers (India) Limited listing gain?

Western Carriers (India) Limited listed on 24 Sept 2024 at ₹171, −0.6% against its issue price of ₹172. That is the price it opened at on debut; it trades at ₹94 today, −45.5% since issue.

How much was Western Carriers (India) Limited subscribed?

Western Carriers (India) Limited was subscribed 31× in total across both exchanges.

How have IPOs like Western Carriers (India) Limited performed?

Of the 93 mainboard issues that listed in 2024 and that MarketPing can price, the median return since issue price is −5.7% and 55.9% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardWCIL

Western Carriers (India) Limited

Western Carriers (India) Limited is a mainboard IPO raising ₹493 Cr at ₹163 – ₹172 a share. It listed on 24 Sept 2024 at ₹171, −0.6% against its issue price of ₹172, and trades at ₹94 today (−45.5% since issue). It was subscribed 31× in total.

Get alerts on this company Company page Prospectus ↗

₹172

Issue price

₹94

Price now

−45.5%

Since issue price

24 Sept 2024

Listed on

31×Subscribed (final) · all exchanges

30.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

93 mainboard issues listed in 2024 that we can price today. This is the group this issue belongs to.

−5.7%

Median return since issue price

55.9%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB28×

Non-institutional45×

Retail26×

Demand is spread fairly evenly across investor categories.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar2 banks

Official documents4 documents

Listing-day priceOpened at ₹171 on debut

Performance since listingComputed from our own daily closes

Led by JM Financial Limited — median +15.5% across the 107 of its issues we can price. All lead managers →

What happens when

13 SeptBidding opens

19 SeptBidding closes

20 SeptAllotment

23 SeptRefunds

24 SeptListing

Track WESTERN CARRIERS (IND) L

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.