Archive · 9 Dec 2025
Western Overseas Study Abroad IPO Allotment Likely Today
Western Overseas Study Abroad's IPO share allotment is expected to be finalized today, December 9.
The IPO, which opened on December 4 and closed on December 8, saw a modest subscription of 1.4 times.
The company aimed to raise ₹10.07 crore by issuing 17,98,000 shares at ₹56 per share.
The funds will be used for advertisement expenses, software acquisition, and other corporate purposes.
Successful bidders can expect shares to be credited to their demat accounts on December 10, while refunds for unsuccessful applicants will be processed the same day.
The IPO is expected to list on the BSE SME on December 11.
The grey market premium is currently nil, suggesting a muted debut.
Western Overseas Study Abroad IPO share allotment expected on December 9.
IPO saw a modest subscription of 1.4 times, with the retail portion booked 2.4 times.
Company aimed to raise ₹10.07 crore by issuing 17,98,000 shares at ₹56 per share.
Funds to be used for advertisement expenses, software acquisition, and other corporate purposes.
Successful bidders to receive shares in demat accounts on December 10, refunds for unsuccessful applicants the same day.
- Who
- Western Overseas Study Abroad
- What
- IPO share allotment
- When
- December 9 (expected)
- Where
- BSE SME
- Why
- To raise funds for advertisement, software acquisition, and other corporate purposes
- IPO Issue Date
- December 4
- IPO Closing Date
- December 8
- Expected Allotment Date
- December 9
- Expected Listing Date
- December 11
- Issue Price
- ₹56 per share
- Total Shares Issued
- 17,98,000
- Total Amount Raised
- ₹10.07 crore
- Grey Market Premium (GMP)
- Nil
