Western Carriers (India) IPO Subscription.

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Western Carriers (India): Category QIB offered 57,31,163 shares, applied 16,50,92,679 shares, with a subscription of 28.81x, and total amount raised is 2,839.59 Cr. Category HNI offered 42,98,372 shares, applied 20,05,29,258 shares, with a subscription of 46.65x, and total amount raised is 3,449.10 Cr. Category BHNI (10L+) offered 28,65,581 shares, applied 11,93,45,817 shares, with a subscription of 41.65x, and total amount raised is 2,052.75 Cr. Category SHNI (2L - 10L) offered 14,32,791 shares, applied 8,11,83,441 shares, with a subscription of 56.66x, and total amount raised is 1,396.36 Cr. Category Retail offered 1,00,29,535 shares, applied 26,90,57,853 shares, with a subscription of 26.83x, and total amount raised is 4,627.80 Cr. Category Total offered 2,00,59,070 shares, applied 63,46,79,790 shares, with a subscription of 31.64x, and total amount raised is 10,916.49 Cr.

Western Carriers (India): For BHNI (10L+), 2,352 shares were reserved, 19,767 were applied, and the subscription was 8.40x. For SHNI (2L - 10L), 1,176 shares were reserved, 63,843 were applied, and the subscription was 54.29x. For Retail, 1,15,282 shares were reserved, 27,96,765 were applied, and the subscription was 24.26x. Total applications received were 28,80,375.

Category	Offered	Applied	Times	Total Amount (Rs Cr.)
QIB	57,31,163	16,50,92,679	28.81x	2,839.59
HNI	42,98,372	20,05,29,258	46.65x	3,449.10
BHNI (10L+)	28,65,581	11,93,45,817	41.65x	2,052.75
SHNI (2L - 10L)	14,32,791	8,11,83,441	56.66x	1,396.36
Retail	1,00,29,535	26,90,57,853	26.83x	4,627.80
Total	2,00,59,070	63,46,79,790	31.64x	10,916.49

Last Updated : 19 Sep, 2024 05:51:00 PM

Category	Reserved	Applied	Times
BHNI (10L+)	2,352	19,767	8.40x
SHNI (2L - 10L)	1,176	63,843	54.29x
Retail	1,15,282	27,96,765	24.26x

Total Applications: 2880375

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Institutions like banks, mutual funds, insurance companies, and other SEBI-registered entities fall under the QIB category. They typically invest large sums on behalf of clients or schemes.
Non-Institutional Investors (NII)
This group includes high-net-worth individuals (HNIs), NRIs, trusts, and companies that apply for shares worth more than ₹2 lakhs. Unlike QIBs, SEBI registration is not required.
NII is further split into:
1. sNII (Applications below ₹10 Lakhs)
  Investors bidding between ₹2 lakhs and ₹10 lakhs fall in the Small NII (sHNI) bracket. One-third of the NII portion is set aside for them.
2. bNII (Applications above ₹10 Lakhs)
  Investors applying for more than ₹10 lakhs are classified as Big NIIs (bHNI). Two-thirds of the NII shares are allocated to this sub-category.
Retail Individual Investors (RII)
Individuals or NRIs applying for shares up to ₹2 lakhs are considered retail investors and are part of the RII quota.
Employee (EMP)
This section is reserved for eligible employees of the company participating in the IPO.
Others
Includes eligible shareholders or specific investors with a reserved quota as per the IPO policy.

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