Check out the latest information on the Western Carriers IPO GMP, Kostak rates, and Subject to Sauda rates as of today. The GMP for Western Carriers IPO has begun. Stay tuned for the most recent updates on the IPO GMP numbers.
The Western Carriers IPO is set to open on September 13. This mainline IPO aims to raise ₹492.88 crores, with a price band of ₹163 to ₹172 per share and a minimum market lot of 87 shares.
Western Carriers (India) Limited is the largest private, multimodal, rail-focused, asset-light logistics provider in India. Operating over 50 branches nationwide, the company utilizes a scalable asset-light model. Their services include single-window logistics, multimodal transportation, rail and road transport, cargo handling, customs house agency, ocean and air freight, and warehousing.
The latest Western Carriers IPO GMP is ₹57, as of September 14, 2024. With a price band of ₹172 per share, the estimated listing price is ₹229, reflecting a potential gain of 33.14% per share.
The retail “Subject to Sauda” rate is ₹3,800, while the small HNI rate is ₹53,200.
GMP is updated daily, and recent trends show an upward movement. The GMP range has varied from ₹0 to ₹57. Stay tuned for daily updates on Western Carriers (India) IPO GMP and its expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Western Carriers IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 14-09-2024 | 172 | ₹57 | 3800/53200 | ₹229 (33.14%) |
| 13-09-2024 | 172 | ₹57 | 3800/53200 | ₹229 (33.14%) |
| 12-09-2024 | 172 | ₹0 | — | ₹172 (0%) |
| 11-09-2024 | 172 | ₹0 | — | ₹172 (0%) |
| 10-09-2024 | 172 | ₹0 | — | ₹172 (0%) |
| 09-09-2024 | ₹0 | — | ₹ (0%) | |
| 08-09-2024 | ₹0 | — | ₹ (0%) | |
| 07-09-2024 | ₹0 | — | ₹ (0%) | |
| 06-09-2024 | ₹0 | — | ₹ (0%) | |
| 05-09-2024 | ₹0 | — | ₹ (0%) | |
| 04-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) is the unofficial price at which an IPO trades before its official listing. It gives an indication of how the IPO might perform on its listing day. A positive GMP suggests that the IPO could be profitable, while a negative GMP indicates a possible discount.
Keep in mind that GMP can be highly volatile, so making an investment decision based solely on the GMP can be risky. It’s important to consider all relevant factors before deciding to invest in the Western Carriers (India) IPO.
Western Carriers (India) IPO Dates
Stay updated with the latest information on the Western Carriers (India) IPO. Key dates will be provided as they become available.
| IPO Activity | Date |
| IPO Open Date | 13-09-2024 |
| IPO Close Date | 18-09-2024 |
| Basis of Allotment | 19-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 20-09-2024 |
| Credit of Shares | 20-09-2024 |
| to Demat Account* | |
| IPO Listing Date* | 23-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
Western Carriers (India) IPO GMP (Grey Market Premium) FAQs:
What is the Western Carriers IPO GMP today?
The GMP for the Western Carriers IPO is ₹55 as of today.
What is the Western Carriers IPO Kostak Rate today?
The Kostak Rate for the Western Carriers IPO is ₹- as of today.
What is the Western Carriers IPO Subject to Sauda today?
The Subject to Sauda for the Western Carriers IPO is ₹3,500 as of today.
What are the expected returns for the Western Carriers IPO?
The expected returns for the Western Carriers IPO are 32%.