Western Carriers IPO allotment – How to check allotment, IPO GMP, listing date and more

• Western Carriers is expected to announce its IPO share allotment status on Friday, September 20.
• The shares of Western Carriers were subscribed 30.57 times.
• The Western Carriers shares are expected to be listed on the stock exchanges on September 24.

West Bengal-based Western Carriers, a multi-modal, rail-focused, 4PL asset-light logistics company is expected to announce the allotment status of its initial public offering (IPO) on Friday, September 20.

The Western Carriers IPO opened on September 13 and closed on September 19. The price band for the Western Carriers IPO was ₹163 to ₹172 per share.

Western Carriers IPO subscription status

On its last day, the Western Carriers IPO was subscribed 30.57 times, receiving bids for 63.79 crore equity shares against 2.09 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 27.99 times, the non-institutional investor's portion was subscribed 44.71 times. The retail portion was subscribed 25.95 times.

Western Carriers IPO Grey market premium

The shares of Western Carriers are currently commanding a grey market premium (GMP) of ₹25 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Western Carriers IPO’s allotment status

You can check the Western Carriers IPO allotment status on the registrar’s website.

• To check the Western Carriers IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Western Carriers’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your Western Carriers IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Western Carriers IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Western Carriers’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of Western Carriers shares allotted to you.

You can click here and log in to check your Western Carriers IPO allotment status on NSE.

Western Carriers IPO listing date

The shares of Western Carriers will be listed on the stock exchanges on September 24.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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