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 and trades at ₹89 today, −48.1% against its issue price of ₹172. It was subscribed 31× in total.
30.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 58,98,528 | 16,50,92,679 | 28× |
| Foreign Institutional Investors | no separate quota | 8,88,39,006 | n/a |
| Domestic Financial Institutions | no separate quota | 5,54,00,904 | n/a |
| Mutual funds | no separate quota | 1,48,00,788 | n/a |
| Others | no separate quota | 60,51,981 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 44,90,982 | 20,08,04,700 | 45× |
| Non Institutional Investors | 29,93,988 | 11,93,45,817 | 40× |
| Corporates | no separate quota | 34,35,456 | n/a |
| Individuals | no separate quota | 10,58,08,965 | n/a |
| Others | no separate quota | 1,01,01,396 | n/a |
| Non Institutional Investors | 14,96,994 | 8,14,58,883 | 54× |
| Corporates | no separate quota | 4,39,263 | n/a |
| Individuals | no separate quota | 7,24,07,751 | n/a |
| Others | no separate quota | 86,11,869 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,04,78,957 | 27,19,56,519 | 26× |
| Cut Off | no separate quota | 24,13,38,435 | n/a |
| Price bids | no separate quota | 3,06,18,084 | n/a |
| Total | 2,08,68,467 | 63,78,53,898 | 31× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:41 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.