Company Name | Western Carriers (India) Limited |
Open Date | 13-09-2024 |
Close Date | 18-09-2024 |
Exchange | BSE, NSE |
Lot Size | 87 Shares |
Issue Price | ₹163 to ₹172 per share |
Issue Size | 28,655,813 shares |
Application Amount | ₹ 14,964 – ₹ 1,94,532 (87 to 1,131 shares) |
Recommendation | Apply |
Western Carriers (India) Limited was originally formed and incorporated on March 23, 2011. The registered office is located at Kolkata, West Bengal. The company is a Multi-modal, rail-focused, 4PL asset-light logistics company. The company offers fully customizable, multi-modal logistics solutions encompassing road, rail, water, and air transportation and a tailored range of value-added services. The company had 1,427 permanent employees as of March 31, 2024.
KPI’s | FY 22 | FY 23 | FY 24 |
Revenue | 1,470.88 | 1,633.06 | 1,685.77 |
EBITDA | 103.98 | 121.69 | 146.07 |
Net Profit | 61.14 | 71.58 | 80.23 |
RoCE | 32.62% | 29.39% | 29.05% |
ROE | 23.75% | 22.48% | 20.14% |
P/E | 22.14 | 18.92 | 16.85 |
Opening Date | 13/09/2024 |
Closing Date | 18-09-2024 |
Basis of Allotment | 19-09-2024 |
Initiation of Refunds | 20-09-2024 |
Credit of Shares to Demat | 20-09-2024 |
Listing Date | 23-09-2024 |
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company |
Funding 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 |
General Corporate Purposes |
Registered Office | Western Carriers (India) Limited 2/6 Sarat Bose Road 2nd Floor, Kolkata-700020 |
Phone | +91 33 2485 8519 |
investors@westcong.com | |
Website | http://www.western-carriers.com/ |
Western Carriers (India) IPO DRHP |
Western Carriers (India) IPO RHP |
Name | Link Intime India Private Limited |
Phone | +91-22-4918 6270 |
westerncarriers.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/initial_offer/public-issues.html |
QIB Shares Offered | Not more than 50.00% of the offer |
Retail Shares Offered | Not less than 35.00% of the offer |
NII (HNI) Shares Offered | Not less than 15.00% of the offer |
Share Holding Pre Issue (Promoters) | 99.99% |
Share Holding Post Issue (Promoters) | 71.89% |