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Open
13 Sep 2024
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Close
19 Sep 2024
3
Allotment
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Listing
Tue, Sep 24, 2024
Price Band
₹163 to ₹172
Issue Size
2,86,55,813 shares (agg. up to ₹493 Cr)
Lot Size
87 Shares
Listing Date
Tue, Sep 24, 2024
Latest GMP
₹16
Est. Gain
9.3%
✦ AI Insight
GMP Trend
24-09-2024₹16Est. ₹188+9.3%
23-09-2024₹16Est. ₹188+9.3%
22-09-2024₹10Est. ₹182+5.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 22.51x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 754.01 | 604.14 | 490.33 |
| Total Income | 1,691.41 | 1,637.84 | 1,475.79 |
| Profit After Tax | 80.35 | 71.57 | 61.13 |
| NET Worth | 398.36 | 318.61 | 257.58 |
| Reserves and Surplus | 359.01 | 279.08 | 157.12 |
| Total Borrowing | 266.00 | 210.47 | 150.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.50 |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹136.00 |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹55.95 |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,637.20 |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹60.50 |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹42.60 |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹14.55 |
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹23.50 |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹318.65 |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹16.10 |
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹346.90 |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹428.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company | 163.50 |
| 2 | 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; and | 151.71 |
| 3 | General corporate purposes | 47.73 |
About Western Carriers IPO
Updated on Aug 5, 2026
Contact Details
Western Carriers (India) Ltd. Address2/6 Sarat Bose Road2nd FloorKolkata, West Bengal, 700020+91 33 2485 8519investors@westcong.comVisit Website