Luxury Time IPO Sees Exceptional Demand, Subscribed 635.53x on Day 3
Western Overseas Study Abroad IPO Shows Modest Response, Subscribed 1.41x on Day 3
Last Updated: 8th December 2025 - 06:04 pm
Western Overseas Study Abroad Limited's initial public offering (IPO) has demonstrated modest investor interest through its third day of subscription. The issue price is ₹56 per share. The ₹10.07 crore IPO reached 1.41 times by 5:24:34 PM on day three. This indicates modest investor interest in this educational and immigration advisory services provider incorporated in 2013.
Western Overseas Study Abroad IPO subscription reached modest 1.41 times on day three. It was led by Individual Investors (2.43x) and Non-Institutional Investors (0.39x). Total applications reached 551.
Subscription Status of Western Overseas Study Abroad IPO:
| Date | NII | Individual Investor | Total |
|---|---|---|---|
| Day 1 (December 4) | 0.0 | 0.16 | 0.08 |
| Day 2 (December 5) | 0.33 | 1.54 | 0.93 |
| Day 3 (December 8) | 0.39 | 2.43 | 1.41 |
Here are the subscription details for Western Overseas Study Abroad IPO as of Day 3 (December 8, 2025, 5:24:34 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 90,000 | 90,000 | 0.50 |
| Non-Institutional Buyers | 0.39 | 8,54,000 | 3,30,000 | 1.85 |
| Individual Investors | 2.43 | 8,54,000 | 20,72,000 | 11.60 |
| Total | 1.41 | 17,08,000 | 24,02,000 | 13.45 |
Key Highlights - Day 3:
- Overall subscription reached modest 1.41 times, showing substantial improvement from day two's 0.93 times
- Individual investors displaying strong confidence at 2.43 times, building substantially from day two's 1.54 times, indicating improved retail interest for this SME IPO
- Non-institutional investors showing weak performance at 0.39 times, marginally improving from day two's 0.33 times but still indicating subdued HNI appetite for this educational and immigration advisory services provider
- Total applications reached 551, showing very limited investor participation for this SME IPO
- Cumulative bid amount reached ₹13.45 crores, exceeding the net offer size of ₹9.56 crores (excluding market maker portion) by approximately 1.4 times
- Market makers fully subscribed their allocation of ₹0.50 crores
Key Highlights - Day 2:
- Overall subscription reached limited 0.93 times, showing substantial improvement from day one's 0.08 times
- Individual investors displaying moderate confidence at 1.54 times, building substantially from day one's 0.16 times
- Non-institutional investors showing weak performance at 0.33 times, improving from day one's 0.00 times
Key Highlights - Day 1:
- Overall subscription reached weak 0.08 times, showing very cautious initial investor interest
- Individual investors displaying weak confidence at 0.16 times, showing very weak retail sentiment
- Non-institutional investors showing negligible performance at 0.00 times, indicating no HNI appetite
About Western Overseas Study Abroad Limited
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.
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