Western Overseas Launches ₹10.07 Crore IPO; Price Band Fixed at ₹56 Per Share

Thursday, December 04, 2025: The IPO (Initial Public Offering) of Western Overseas Study Abroad is all set to open today. The North India based education and immigration consultancy is launching a fixed-price issue aimed at raising ₹10.07 crore through 17.98 lakh fresh equity shares, each priced at ₹56.

The issue opens today and will close on Monday (December 08, 2025). The allotment for the Western Overseas Study Abroad IPO is expected to be finalised on December 9, 2025. Western Overseas Study Abroad IPO will list on BSE SME with a tentative listing date fixed as December 11, 2025.

Share Allocation and Minimum Application Size

As per the issue structure, 90000 shares are reserved for the market maker (around 5% of the total issue). 8.54 lakh shares are earmarked for the retail investors and HNIs (around 47.50% of the offer). Retail investors must apply for a minimum of 4000 shares (lot size) and in 2000 shares multiple thereon, with a minimum investment requirement of ₹2.24 lakhs. 

Services Offered by the Company

Western Overseas Study Abroad IPO  is one of the top one-stop consultancies for students looking to study abroad. Besides admissions and immigration services, the company also offers coaching and training for English proficiency (IELTS and TOEFL). The company provides counselling on course and university selection and provides visa assistance services. 

Recent Financial Performance 

The company has performed quite well in the past two financial years. The company’s total revenue increased from ₹20.37 crore in FY24 to ₹22.96 crore in FY25, showing a 13% growth. In addition, the PAT rose from ₹1.19 crore to ₹2.21 crore, which is an 88% increase year on year. 

Objectives of the Issue

The company intends on using the IPO proceeds in fulfilling different strategic obligations. First, the company intends to use ₹3.43 crore for advertising and brand-building. The company allocated the around ₹3.00 crore for acquiring and implementing new software systems. Further, the company will use ₹2.00 crore for partial or full repayment of debt and existing liabilities. The remaining amount has been earmarked for general corporate purposes. 

The Western Overseas IPO brings together steady financial growth, defined use-of-funds, and a clear focus on expanding operational capabilities. With its revenue and profitability improving over the last two financial years, the offering outlines how the company plans to strengthen technology, enhance brand visibility, and streamline liabilities. Investors and market participants may track how these initiatives shape the company’s performance post-listing and influence its role within the education and immigration services space.

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