West Bengal, India.
Initial public offering of 28,655,813 equity shares of face value of (₹) 5 each ("Equity Shares") of Western Carriers (India) Limited (The "Company" or the "Issuer") for cash at a price of (₹) 172 per equity share (including a premium of (₹) 167 per equity share) (the "Offer Price") aggregating up to (₹) 492.88 crores (the "Offer") comprising a fresh issue of 23,255,813 equity shares by the company aggregating up to (₹) 400.00 crores (the "Fresh Issue") and an offer for sale of up to 5,400,000 equity shares aggregating to (₹) 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 (₹)5 each and the offer price is 34.40 times the face value of the equity shares.
The Offer Price is (₹) 172 per equity share of face value of (₹) 5 each.
Bid cane be made for a minimum of 87 equity shares and in multiples of 87 equity shares thereafter.
Minimum Application for shares in Nos :
87
Further Multiples of :
87
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
JM Financial Ltd