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-2025
08-Dec-2025
₹ 56.00
₹ 0.00
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0
(₹)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
Projects
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