Western Carriers (India) Ltd.
Industry:
Logistics
Issue Details
Open Date
13 Sep 2024Close Date
19 Sep 2024Size (in Crs.)
358.938
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-9Lot Size
87
Type
Book building
Face Value
5
Market Lot
1
Objective of the Issue
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.
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 experience in road, rail and sea / river multi-modal movement for domestic as well as EXIM cargo in and out of India. Th... Show More
Address
2/6 Sarat Bose Road , 2nd Floor ,
Kolkata
700020
State
West Bengal
Phone No.
033-24858519
accounts@westcong.com
Website
www.western-carriers.com
Promoter Holding
Promoters:
Kanishka Sethia, Rajendra Sethia
Total Share Capital
78699320
Offered to Public
29939877
% Promoter's Holding (Pre-Issue)
99.99
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
78699320
Of above offred to public
29939877
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
JM Financial Ltd., Kotak Mahindra Capital Co Ltd
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
+91 810 811 8484
helpdesk@linkintime.co.in
Website
www.linkintime.co.in
Fax
91-022-49186060