Western Overseas Study Abroad IPO

Western Overseas Study Abroad Limited is a leading educational and immigration consultancy established in 2013. The company provides a comprehensive suite of services, including visa advisory, language proficiency training for exams like IELTS and PTE, and foreign language courses. It acts as a one-stop solution for students, offering guidance on scholarships, education loans, and career opportunities abroad. With a strong presence across multiple states in North India, the company empowers clients to achieve global educational and professional success through its experienced team and personalized service approach.

Western Overseas Study Abroad Limited IPO Overview

The Western Overseas Study Abroad Limited IPO is a fixed price issue of ₹10.07 crores, which is entirely a fresh issue of 17.98 lakh shares. The IPO opens for subscription on December 4, 2025, and closes on December 8, 2025. The allotment is tentatively scheduled for December 9, 2025, with shares expected to be listed on the BSE SME on December 11, 2025. The lot size is 2,000 shares, setting the minimum investment at ₹2,24,000 for retail investors. Sobhagya Capital Options Pvt. Ltd. is the book running lead manager, and Skyline Financial Services Pvt. Ltd. is the registrar for this public offer.

Western Overseas Study Abroad Limited IPO Details

Particulars	Details
IPO Date	December 4, 2025 to December 8, 2025
Listing Date	December 11, 2025
Face Value	₹10 per share
Issue Price Band	₹56 per share
Lot Size	2,000 Shares
Total Issue Size	17,98,000 shares (aggregating up to ₹10.07 Cr)
Fresh Issue	17,98,000 shares (aggregating up to ₹10.07 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	42,14,000 shares
Share Holding Post Issue	60,12,000 shares
Market Maker Portion	90,000 shares

Western Overseas Study Abroad Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	90,000 (5.01%)
NII (HNI)	8,54,000 (47.50%)
Retail	8,54,000 (47.50%)

Western Overseas Study Abroad Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	4,000	₹2,24,000
Retail (Max)	2	4,000	₹2,24,000
HNI (Min)	3	6,000	₹3,36,000

Western Overseas Study Abroad Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	70.09%

Western Overseas Study Abroad Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹5.25
Price/Earnings (P/E) Ratio	10.67
Return on Net Worth (RoNW)	33.86%
Net Asset Value (NAV)	₹15.49
Debt to Equity Ratio	0.63
PAT Margin	9.73%

Objectives of the Proceeds

• To finance Advertisement expenses for brand visibility. (₹3.43 Crore)

• To finance acquisition and installation of Software. (₹3.00 Crore)

• Prepayment or repayment of certain outstanding borrowings. (₹2.00 Crore)

• To meet General corporate purposes. (₹0.74 Crore)

Key Financials (in ₹ crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	12.69	10.05	4.79
Total Income	22.96	20.37	10.21
Profit After Tax	2.21	1.19	0.45
Reserves and Surplus	2.32	4.47	3.27
Total Borrowings	4.09	3.31	0.47