Western Carriers IPO allotment: Step-by-step guide to check status

Western Carriers IPO allotment: Investors can check their allotment status online via the BSE website or through Link Intime India Private Ltd.

In Short

• Western Carriers IPO subscribed 31.69 times
• Allotment status can be checked on BSE or Link Intime
• Latest GMP for Western Carriers IPO is Rs 20

The initial public offering (IPO) of Western Carriers India Limited saw decent subscription numbers before closing for bidding on Thursday.

Western Carriers Limited was subscribed 31.69 times overall. The retail portion saw a subscription of 26.92 times, while the QIB category was subscribed 28.81 times, and the NII segment received 46.68 times the bids.

Investors who have bid for Western Carriers Limited can check their allotment status online. They can log in to either the BSE website or the website of Link Intime India Private Ltd, the registrar for the issue.

Steps to check allotment through the BSE website

Go to the BSE website by clicking here.

Click on 'Equity'.

Choose 'Western Carriers Limited ' from the list.

Put in your application number and PAN card ID.

Confirm that you're not a robot and submit.

Steps to check allotment through Link Intime Limited

Visit the Link Intime India Private Ltd website.

Select 'Western Carriers Limited '.

Choose the Application Number/Demat Account/PAN option and enter the details.

Enter the Captcha.

Click on the 'SUBMIT' option.

Latest grey market premium (GMP) for Western Carriers IPO

The latest Grey Market Premium (GMP) for Western Carriers (India) IPO is Rs 20, as of September 20th, 2024, at 10:01 AM.

With a price band of Rs 172, the estimated listing price for the IPO stands at Rs 192 (cap price plus the current GMP). The anticipated gain or loss per share is around 11.63%.

The IPO shares of Western Carriers (India) are expected to debut on the BSE and NSE on Tuesday, September 24, 2024.