Western Carriers (India) Limited, founded in March 2011, is a logistics company that focuses on rail transport but uses multiple modes like road, water and air. Western Carriers specializes in logistics, warehousing, and transportation services
Table of Contents
Issuance Period :
| Event | Date |
|---|---|
| IPO Subscription Opens | September 13, 2024 |
| IPO Subscription Closes | September 18, 2024 |
| Allotment Finalization Date | September 19, 2024 (Thursday) |
| Tentative Listing Date | September 23, 2024 (Monday) |
| Stock Exchange Listing | BSE, NSE |
IPO Size :
Total amount to be raised Rs 492.88 Crores.
GMP ( Grey /market Premium )
| Date | Current GMP (₹) | Percentage (%) |
|---|---|---|
| September, 16 2024 | ₹ | |
| September , 2024 | ₹ | |
| September , 2024 | ₹ | |
| September , 2024 | ₹ | |
| September , 2024 | ₹ |
Lot Size :
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 87 | ₹14,964 |
| Retail (Max) | 13 | 1,131 | ₹194,532 |
| S-HNI (Min) | 14 | 1,218 | ₹209,496 |
| S-HNI (Max) | 66 | 5,742 | ₹987,624 |
| B-HNI (Min) | 67 | 5,829 | ₹1,002,588 |
Western Carriers ( India ) IPO Details :
| Attribute | Details |
|---|---|
| Company Name | Western Carriers (India) Limited IPO |
| Incorporation Date | March 2011 |
| Registrar to the Offer | |
| Face Value | ₹5 per share |
| Price Band | ₹163 to ₹172 per share |
| Lot Size | 87 Shares |
| Total Issue Size | 28,655,813 shares |
| Fresh Issue | 23,255,813 shares |
| Offer for Sale | 5,400,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 78,699,400 shares |
| Shareholding Post-Issue | 101,955,213 shares |
Objectives of the Issue :
Western Carriers ( India ) IPO Financial Information :
| Financial Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹754.01 Cr | ₹604.14 Cr | ₹490.33 Cr |
| Revenue | ₹1,691.41 Cr | ₹1,637.84 Cr | ₹1,475.79 Cr |
| Profit After Tax | ₹80.35 Cr | ₹71.57 Cr | ₹61.13 Cr |
| Net Worth | ₹398.36 Cr | ₹318.61 Cr | ₹257.58 Cr |
| Reserves and Surplus | ₹359.01 Cr | ₹279.08 Cr | ₹157.12 Cr |
| Total Borrowing | ₹266 Cr | ₹210.47 Cr | ₹150.4 Cr |
About Company :
Established in March 2011, Western Carriers (India) Limited is a diversified, rail-focused, 4PL property lighting export company. The company provides fully scalable, multi-modal logistics solutions covering road, rail, water, air transport and a range of value-added customized services.
Headquarters:
The companies registered address is 2/6 SARAT BOSE ROAD 2ND FLOOR, KOLKATA WB 700020 IN.
Industry
Transport
Services
The company provides chartering services to overseas destinations, stevedoring services in Indian ports and coastal freight transport within India They specialize in connecting railways to road transport through an asset-small business model. The company manages and manages the supply chain to increase import and export and production for a leading metals resource group company.
Customers
As of December 31, 2022, the Company served 1,100 customers.
some customers as below
| Sector | Company |
|---|---|
| Steel & Metal | Tata Steel Limited |
| Hindalco Industries Limited | |
| Jindal Stainless Limited | |
| JSW Steel Coated Products Limited | |
| Bharat Aluminium Company Limited (BALCO) | |
| Vedanta Limited | |
| Consumer Goods | Hindustan Unilever Limited (HUL) |
| Hindustan Coca Cola Beverages Private Limited | |
| Tata Consumer Products Limited | |
| Gujarat Tea Processors and Packers Limited (Wagh Bakri) | |
| CG Foods India Private Limited | |
| Pharmaceuticals | Cipla Limited |
| Chemicals & Petrochemicals | Materials Chemicals and Performance Intermediaries Private Limited (MCPI) |
| Haldia Petrochemicals Limited | |
| Gujarat Heavy Chemicals Limited (GHCL) | |
| Oil and Gas | Brahmaputra Cracker and Polymer Limited (BCPL) |
| Utilities & Logistics | Sheela Foam Limited (Sleepwell) |
| DHL Logistics Private Limited |