Western Overseas Study Abroad IPO
The Western Overseas Study Abroad IPO opens for subscription on December 4, 2025. The fixed price issue of ₹10.07 crores would be entirely a fresh issue of 0.18 crore shares. Allotment for the Western Overseas Study Abroad IPO is expected to be finalized on December 9, 2025 and it will list on BSE SME with a tentative listing date fixed as December 11, 2025.
The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd., Sobhagya Capital Options Pvt. Ltd. is the book running lead manager and Skyline Financial Services Pvt. Ltd. is the registrar of the issue.
Company Background
Established in 2013, Western Overseas Study Abroad Limited is headquartered in Ambala, Haryana. The company is one of the most trusted and leading providers of overseas education and immigration consultancy services in India. Western Overseas Study Abroad Limited has built a strong reputation for genuine advice, professionalism and high success rates in visa and admission processes for global destinations.
The company has branches in major Indian cities and offices in Australia and Canada. It has expanded its footprint to serve a diverse client base seeking opportunities abroad.
Operations And Product Range
Western Overseas Study Abroad provides comprehensive services of study and immigration advice, visa advice, language test coaching, PTE, TOEFL and career guidance services for students and professionals. It also provides complete support from application filing and interview preparation to post-landing assistance, from the UK, USA, Australia, Canada and Europe.
The company also provides product lines with specialized products for reality tests, skill development and custom packages for different needs.
Revenue Channels
Primarily, Western Overseas Study Abroad generates revenue in the form of consultant fees and visa processing and language test coaching. Despite the presence of more than 60 percent of its revenue overseas, there is a substantial market presence within and outside of the company. The company‘s revenue streams are spread across multiple service lines, allowing for resilience and growth in any change in market conditions.
Management And Shareholding
Western Overseas is managed by a team of experienced professionals, with Pardeep Balyan serving as Chairman and Managing Director. The board includes directors such as Rekha Rani, Sapna, Shruti Gupta, Umesh Chand Sharma and Deepak Kumar, who collectively bring extensive expertise in education and immigration consultancy.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Western Overseas Study Abroad IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Western Overseas Study Abroad IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 4, 2025, to December 8, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹56 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 17,98,000 shares (aggregating up to ₹10.07 Cr) |
| Reserved for Market Maker | 90,000 shares (aggregating up to ₹0.5040 Cr) Giriraj Stock Broking Pvt. Ltd. |
| Net Offered to Public | 17,08,000 shares (aggregating up to ₹9.56 Cr) |
| 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 |
Western Overseas Study Abroad IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | December 4, 2025 |
| IPO Close Date | December 8, 2025 |
| Tentative Allotment | December 9, 2025 |
| Initiation of Refunds | December 10, 2025 |
| Credit of Shares to Demat | December 10, 2025 |
| Tentative Listing Date | December 11, 2025 |
| Cut-off time for UPI mandate confirmation | Monday, December 8, 2025 |
Western Overseas Study Abroad IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,24,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,24,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,36,000 |
Western Overseas Study Abroad IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 100.00% |
| Promoter Holding Post Issue | 70.09% |
Competitive Strength:
- • Extensive branch network across India.
- • Specialized programs for skill development and career guidance.
- • Strong partnerships with leading education institutions.
- • ISO certified for quality management.
- • Multiple awards and recognitions from education partners.
- • Expertise in visa consultancy and language test coaching.
- • Offices in Australia and Canada for global reach.
Western Overseas Study Abroad IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 13.87 | 4.97 | 0.54 | 7.07 | 4.63 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 12.69 | 22.96 | 2.21 | 6.53 | 4.09 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 10.05 | 20.37 | 1.19 | 4.48 | 3.31 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 4.79 | 10.21 | 0.45 | 3.28 | 0.47 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.18% |
| ROCE | 37.63% |
| Debt/Equity | 0.63 |
| RoNW | 33.86% |
| PAT Margin | 9.73% |
| EBITDA Margin | 16.27% |
| Price to Book Value | 3.62 |
| Market Capitalization | ₹33.67 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.25 | 3.61 |
| P/E (x) | 10.67 | 15.51 |
Western Overseas Study Abroad IPO Objectives
The company proposes to utilize ₹3.43 crores to finance advertisement expenses towards enhancing the awareness and visibility of our brand, ₹3.00 crores to finance acquisition and installation of Software, ₹2.00 crores for the prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and ₹0.74 crores to meet general corporate purposes.
Conclusion
The Western Overseas Study Abroad IPO opens for subscription on December 4, 2025 and will close on December 8, 2025. The fixed price issue of ₹10.07 crores would be entirely a fresh issue of 0.18 crore shares of ₹10.07 crores.
The company is one of the most trusted and leading providers of overseas education and immigration consultancy services in India. Western Overseas Study Abroad Limited has built a strong reputation for genuine advice, professionalism and high success rates in visa and admission processes for global destinations.
Western Overseas Study Abroad provides a rich range of services, including but not limited to study and immigration consultancy, visa advisory, language proficiency test coaching (IELTS, PTE, TOEFL) and career guidance for students and professionals. It also offers end-to-end support, from application filing and interview preparation to post-landing assistance, covering destinations such as the UK, USA, Australia, Canada and Europe.
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Frequently asked Questions (FAQs )
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Q1: When does the Western Overseas Study Abroad IPO open and close?
The Western Overseas Study Abroad IPO opens for subscription on December 4, 2025 and it will close on December 8, 2025.
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Q2: What kind of services are offered by Western Overseas Study Abroad?
Western Overseas Study Abroad provides a rich range of services, including but not limited to study and immigration consultancy, visa advisory, language proficiency test coaching (IELTS, PTE, TOEFL) and career guidance for students and professionals.
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Q3: What is the total size of the Western Overseas Study Abroad IPO?
The fixed price issue of ₹10.07 crores would be entirely a fresh issue of 0.18 crore shares of ₹10.07 crores.
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Q4: Where will the Western Overseas Study Abroad IPO be listed?
The Western Overseas Study Abroad IPO would get listed on the BSE SME.
