IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 854,000 (48%) | — | ₹478 Cr |
| Retail | — | 854,000 (48%) | — | ₹478 Cr |
| Market Maker | — | 90,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 1,798,000 (100%) | — | ₹10,069 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,568,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,504,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 5 | 23 | 20 |
| EBITDA | 1 | 4 | 2 |
| Profit After Tax | 1 | 2 | 1 |
| Net Worth | 7 | 7 | 4 |
| Total Assets | 14 | 13 | 10 |
| Reserves & Surplus | 3 | 2 | 4 |
| Total Borrowing | 5 | 4 | 3 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To finance Advertisement expenses towards enhancing the awareness and visibility of our brand – 3.43
- To finance acquisition and installation of Software – 3.00
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company – 2.00
- To meet General corporate purposes – 0.74
Company Overview
Incorporated in 2013, Western Overseas Study Abroad Limited is engaged in providing educational and immigration advisory services, and offering visa advice.
The company also offers language training (IELTS, TOEFL, PTE, CELPIP, Duolingo, LanguageCert), foreign language courses (French, German, Spanish), consulting services, and workshops for individuals pursuing education or career opportunities abroad.
The company offers a one-stop solution to students from Punjab, Chandigarh, Haryana, Delhi, and Madhya Pradesh, aiming to empower them and help them succeed globally in their educational and career pursuits.
The company offers education consultancy, loan guidance, scholarship assistance, language training, visa services, and career support, helping students develop skills, create opportunities, and build professional success from enrollment onward.
The company provides educational services, including coaching for English proficiency and foreign languages, test bookings, and immigration consultancy for study, tourist, work, business visas, and permanent residency.
The company has 12 branches and 1 back-end office, offering dedicated training classrooms and individual consultant desks, providing personalized global education and immigration consultancy services to each client.
Services:
- Training for Language Proficiency Tests (IELTS / CELPIP / PTE / TOEFL & more) and Exams:The company helps clients meet eligibility criteria by preparing them for English proficiency tests like IELTS, PTE, DUOLINGO, and TOEFL, offering exam strategies, practice tests, and skill enhancement across all sections.
- Immigration consultancy service including Study Visa/tourist Visa/Business Visa and Permanent Visa. Study/Schooling Visa: The company assists students with student visa applications, interview preparation, and document submission, as well as providing guidance for Temporary Residence Visas (TRV) and Permanent Residence Visas (PRV) for successful applications.
Competitive Strengths:
- Experienced and Knowledgeable team.
- Customization Expertise.
- Technology Integration.
- Range of services under one Roof.
- Clear and Transparent Terms.