Logistics firm Western Carriers files IPO papers with Sebi
The IPO comprises a fresh issue of equity shares aggregating up to Rs 500 crore and an Offer For Sale (OFS) of up to 93.29 lakh equity shares by promoter Rajendra Sethia, according to the Draft Red Herring Prospectus (DRHP).
As of fiscal 2022, the company's revenue from operations was Rs 1,470 crore, with a profit after tax of Rs 61 crore, image- Pixabay