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Algo Trading
Western Carriers (India) Ltd.
Issue Open Date 13-Sep-24  
Issue Closing Date 19-Sep-24  
Application Money 100  
Allotment Money  
Price Band () 163 - 172  
Minimum Bid Quantity. 87  
Issue Size (Shares) 20868467  
Market Lot 1  
Objective

1. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company 2. Funding of capital expenditure requirements of our Company towards purchase of: (i) commercial vehicles (ii) 40 feet specialised containers and 20 feet normal shipping containers and (iii) reach stackers and3. General corporate purposes.

Business Description

We are the largest private, multi-modal, rail focused, 4PL asset-light logistics company in India in terms of container volumes in Fiscal 2022. Our domestic and EXIM market share, based upon container volumes handled, was 7% and 3%, respectively, in Fiscal 2022 (Source: 1Lattice Report). Through the combined experience of our Company and our Promoter, Rajendra Sethia, we have five decades of ex...

Promoter's Holding
Total Share Capital   78699320  
Offered to Public   29939877  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)    
Address
Address :2/6 Sarat Bose Road
2nd Floor
City :Kolkata, State :West Bengal Pincode :700020 Phone :033-24858519 Email : accounts@westcong.com Website : www.western-carriers.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
JM Financial Ltd.
Kotak Mahindra Capital Co Ltd
Promoters
Kanishka Sethia
Rajendra Sethia

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6. Risk disclosures RISK DISCLOSURES ON DERIVATIVES:

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REGISTRATION NOS:

INDIRA SECURITIES PRIVATE LIMITED (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201

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