Western Carriers (India) IPO

Western Carriers (India) Ltd

₹14,181 /87 sharesMinimum Investment

Western Carriers (India) IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
13 Sep ‘24 - 19 Sep ‘24₹14,18187₹163 - ₹172
Issue SizeIPO Doc
492.88Cr
RHP PDF

Subscription rate

As of 18 Sep'24, 06:00 PM
Qualified Institutional Buyers0.14x
Non-Institutional Investor20.93x
Retail Individual Investor18.61x
Total13.89x

About Western Carriers (India)

Western Carriers is a private, multi-modal, rail-focused, 4PL asset-light logistics company based in India. The company offers end-to-end integrated logistics solutions and provides value-added services throughout the supply chain. Western Carriers delivers solutions and claims to meet the specific needs of its customers, including options like inventory planning, warehouse planning and management, and cargo and material handling and packaging. The company also provides customs house clearance, pre-shipment inspection, and containerisation services.;
Founded in
2011
Managing director
Mr. Rajendra Sethia
Parent organisation
Western Carriers (India) Ltd

Strengths & Financials of Western Carriers (India)

Strengths
Risks
The company has a clientele of over 1,100 customers from different industrial sectors. These include Tata Steel, Hindalco Industries, Jindal Stainless, JSW Steel Coated Products, Hindustan Unilever, Hindustan Coca-Cola Beverages, Tata Consumer Products, Cipla, Haldia Petrochemicals, Tata Steel, Hindalco, and BALCO.
The company owns over 400 GPS-enabled heavy commercial vehicles, more than 100 pieces of heavy equipment, and over 400 shipping containers.
Western Carriers also provides chartering services for overseas destinations, stevedoring services at Indian ports, and facilitates the coastal movement of cargo within India.
The company has seen a consistent increase in its revenue from operations and profit after tax (PAT) over the years. The revenue from operations increased from Rs 1,067.29 crore in FY20 to Rs 1,110.11 crore in FY21 and further to Rs 1,470.87 crore in FY22, while the PAT increased from Rs 35.86 crore in FY20 to Rs 44.53 crore in FY21 to Rs 61.13 crore in FY22.

Western Carriers (India) Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Western Carriers (India) IPO

Apply asPrice bandApply upto
Regular163 - 172₹2 Lakh
High Networth Individual163 - 172₹2 - 5 Lakh
For Western Carriers (India) IPO, eligible investors can apply as Regular.
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