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The issue will open for subscription on June 30 and close on July 4. The allotment will be on July 7, initiation of refunds will be on July 10 and listing on exchanges will be on July 12.
Western Carriers (India) Limited, India’s largest private, multi-modal, rail focused, 4PL asset-light logistics company (in terms of container volumes in Fiscal 2022), has filed its draft red herring prospectus (DRHP) with capital markets regulator S
IPO will open on 20 June for subscription and close on 23 June. The anchor bids will start on 19 June. Initiation of refunds will be on 30 June and credit of equity shares to demat account of the allottees will be on 3 July.
The initial public offering (IPO) comprises a new allocation of equity shares valued at Rs 350 crore, as well as a sale of up to 90 lakh equity shares by the promoters, namely Hardeep Singh and Surmeet Kaur.
In the year 2022, approximately 109 SME firms went public, collectively raising around Rs 1,875 crore through IPOs. By comparison, in 2021, 59 SME firms were listed, raising a total of Rs 746 crore.