IPO Synopsis


Western Overseas Study Abroad Ltd

Registered Office: Ground Floor-1st Floor S.C.F,#27-28 Vikas Vihar Ambala City, Ambala - 134003, Haryana, India.
Phone : +91-171-3500064   Fax:
Email :  info@western-overseas.com  
Website :  www.western-overseas.com

Initial public offer of up to 17,98,000 equity shares of face value of Rs. 10/- each ("equity shares") of Western Overseas Study Abroad Limited ("company" or the "issuer") for cash at a price of Rs. 56.00/- per equity share including a share premium of Rs. 46.00/- per equity share (the "issue price") aggregating to Rs. 10.07 crores ("the issue") of which up to 90,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 56.00/- per equity share including a share premium of Rs. 46.00/- per equity share aggregating to Rs. 0.50 crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of 17,08,000 equity shares of face value of Rs. 10/- each at a price of Rs.56.00/- per equity share including a share premium of Rs. 46.00/- per equity share aggregating to Rs. 9.56 crores (the "net issue"). The issue and the net issue will constitute up to 29.91% and 28.41% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens on Closes On Application Allotment
04-Dec-25 08-Dec-25 56.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 9.17 Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer 10.07  
Post Issue Equity Share Capital 6.01  
Issue Price 56.00  

Project

  • To finance advertisement expenses towards enhancing the awareness and visibility of the brand
  • To finance acquisition and installation of software
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by its company
  • General corporate purposes

Promoted By

Pardeep Balyan

Rekha Rani

Deepak Kumar

Listing At

BSE - SME

Registrar to the Issue

No Data Available