Incorporated in March 2011, Western Carriers (India) Limited 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 offers sectors such as metals, fast-moving consumer goods (“FMCG”), pharmaceuticals,
chemicals, engineering, oil and gas and retail. The company's clientele includes Tata Steel Limited
(“Tata Steel”), Hindalco Industries Limited (“Hindalco”), Jindal Stainless Limited (“JSL”), JSW Steel
Coated Products Limited (“JSW”), Bharat Aluminium Company Limited(“BALCO”)and Vedanta
Limited(“Vedanta”), Hindustan Unilever Limited (“HUL”), Hindustan Coca Cola Beverages Private Limited
(“Coca Cola India”), Tata Consumer Products Limited (“Tata Consumer”), Gujarat Tea Processors and
Packers Limited (“Wagh Bakri”) and CG Foods India Private Limited (“CG Foods”), Cipla Limited
(“Cipla”), Materials Chemicals and Performance Intermediaries Private Limited (“MCPI”) (formerly, MCC
PTA India Corp. Private Limited, a subsidiary of Mitsubishi Chemical Corporation), Haldia
Petrochemicals Limited (“Haldia”) and Gujarat Heavy Chemicals Limited(“GHCL”)Oil and Gas Brahmaputra
Cracker and Polymer Limited(“BCPL”)Utilities and others*Sheela Foam Limited(“Sleepwell”)and DHL
Logistics Private Limited.
| For the period Ended | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 |
|---|---|---|---|
| Total Assets | 1,110.24 | 1,062.55 | 1,464.98 |
| Total Revenue | 2,586.31 | 4,559.31 | 6,119.1 |
| Profit After Tax | 69.52 | 93.7 | 154.34 |
| Total Borrowing | 294.93 | 283.21 | 396.5 |
| ** All Amounts are in ₹ Crores | |||
| Western Carriers (India) Limited IPO Date | 13 September 2024 to 18 September 2024 |
|---|---|
| Western Carriers (India) Limited IPO Face Value | ₹5 per share |
| Western Carriers (India) Limited IPO Price | ₹163 to ₹172 per share |
| Lot Size | 87 Shares |
| Issue Size | 28,655,813 shares (aggregating up to ₹492.88 Cr) |
| Fresh Issue | 23,255,813 shares (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 5,400,000 shares of ₹5 (aggregating up to ₹92.88 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 78,699,400 |
| Shareholding Post-Issue | 101,955,213 |
Western Carriers (India) Limited IPO opens from September 13, 2024 10.00 A.M. to September 18 , 2024 5.00 P.M.
| Western Carriers (India) Limited IPO Opening Date | September 13, 2024 |
|---|---|
| Western Carriers (India) Limited IPO Closing Date | September 18, 2024 |
| Basis of Allotment | September 19, 2024 |
| Initiation of Refunds | September 20, 2024 |
| Credit of Shares to Demat | September 20, 2024 |
| Western Carriers (India) Limited IPO Listing Date | September 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2024 |
Retail Individual Investors can apply for Minimum 1 Lot and Maximum 13 lot .
| Lots | No. Of Shares | Total Amount |
|---|---|---|
| 1(Min) | 87 | ₹14,964 |
| 13(Max) | 1131 | ₹194,532 |