Explore how Western Overseas Study Abroad Ltd’s IPO performed during its subscription period, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.
Western Overseas Study Abroad Ltd., a student mobility and international education services company, launched its IPO on December 4, 2025. With a fixed price issue of ₹56 per share and an overall size of ₹10.07 crore, the company aims to enhance operational infrastructure and expand its counselling and coaching centers. Day 1 subscription data indicates a cautious start, with early participation from retail investors.
The IPO received a muted response on the first day, with subscription activity dominated by the retail segment. As an SME IPO, the offer’s demand may evolve steadily as the issue progresses toward closure.
The first day of bidding saw the Western Overseas Study Abroad IPO subscribed 0.02× overall, indicating subdued initial investor sentiment.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
N.A. |
Retail Individual Investors (RII) |
0.05× |
Non-Institutional Investors (NII) |
N.A. |
Total |
0.02× |
While Day 1 demand is limited, participation often increases closer to the closing date, especially in SME IPOs where investor decisions may be timed toward later bidding windows.
The IPO follows a fixed price structure at ₹56 per share. Investors can apply for a minimum of 1 lot (2,000 shares) with incremental multiples of the same.
At the fixed price, one lot amounts to:
₹56 × 2,000 shares = ₹1,12,000
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min/Max) |
1 |
2,000 |
₹1,12,000 |
S-HNI (Min) |
2 |
4,000 |
₹2,24,000 |
B-HNI (Min) |
10 |
20,000 |
₹11,20,000 |
For detailed insights about the company, issue particulars, and the latest updates, visit the Western Overseas Study Abroad IPO on Bajaj Markets.
Here’s a clear view of essential milestones throughout the IPO lifecycle:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
December 4, 2025 |
Issue opens for bidding |
IPO Close Date |
December 8, 2025 |
Last date to apply |
Basis of Allotment |
December 9, 2025 |
Allotment results published |
Refunds Initiation |
December 10, 2025 |
Refunds processed for non-allottees |
Credit of Shares to Demat |
December 10, 2025 |
Shares credited to successful bidders |
Listing Date |
December 11, 2025 |
IPO listing on SME exchange platform |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Western Overseas Study Abroad IPO using either the ASBA facility through your bank or via UPI on broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Western Overseas Study Abroad IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Western Overseas Study Abroad IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Check other Upcoming IPO’s Here: Upcoming IPO
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources:
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner