Registered Office:
# 2/6 Sarat Bose Road,2nd Floor,
Kolkata
-
700020,
West Bengal, India.
Phone :
+91 33 2485 8519 Fax:
Email : investors@westcong.com
Website : www.western-carriers.com
|
|
Initial public offering of 28,655,813 equity shares of face value of Rs. 5 each ("Equity Shares") of Western Carriers (India) Limited (The "Company" or the "Issuer") for cash at a price of Rs. 172 per equity share (including a premium of Rs. 167 per equity share) (the "Offer Price") aggregating up to Rs. 492.88 crores (the "Offer") comprising a fresh issue of 23,255,813 equity shares by the company aggregating up to Rs. 400.00 crores (the "Fresh Issue") and an offer for sale of up to 5,400,000 equity shares aggregating to Rs. 92.88 crores (the "Offer for Sale") by Rajendra Sethia (the "Promoter Selling Shareholder" and such equity shares offered by the promoter selling shareholder, the "Offered Shares"). The offer shall constitute 28.11% of the post-offer paid-up equity share capital of the company.
The face value of the equity share is Rs.5 each and the offer price is 34.40 times the face value of the equity shares.
The Offer Price is Rs. 172 per equity share of face value of Rs. 5 each.
Bid cane be made for a minimum of 87 equity shares and in multiples of 87 equity shares thereafter.
|
|
|
|
Issue
|
Money Payable On
|
|
Opens On
|
Closes On
|
Application
|
Allotment
|
|
13-Sep-24
|
19-Sep-24
|
(Rs) 172.00
|
(Rs) 0.00
|
|
|
Minimum Application for shares in Nos :
87
Further Multiples of :
87
|
|
|
|
|
|
Lead Managers to the Issue
|
|
Project Cost (Rs.Cr)
|
0.00
|
JM Financial Ltd
|
|
Project Financed through Current Offer (Rs.Cr)
|
492.88
|
|
|
Post Issue Equity Share Capital (Rs.Cr)
|
50.98
|
|
|
Issue Price (Rs)
|
172.00
|
|
|