What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 10 Dec 2025.

Western Overseas Study Abroad Limited

ListedSME

Education & Training · BSE

Western Overseas Study Abroad Limited, incorporated in 2013, provides educational and immigration advisory services, including visa guidance, language training, and foreign language courses. The company offers coaching for English proficiency tests like IELTS, TOEFL, PTE, CELPIP, Duolingo, and LanguageCert, along with courses in French, German, and Spanish, supporting students from Punjab, Chandigarh, Haryana, Delhi, and Madhya Pradesh. Its services cover education consultancy, loan and scholarship guidance, visa assistance for study, tourist, work, business, and permanent residency, as well as career support and skill development. Operating through 12 branches and a back-end office, the company provides personalized guidance with dedicated training classrooms and individual consultant desks, helping students prepare for exams, meet eligibility requirements, and succeed globally in their education and career pursuits.

Price Band

₹56

Issue Size

₹10.07 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹56

at current GMP

Subscribed

1.46x

overall

Open

4 Dec 2025

8 Dec 2025

Allotment

9 Dec 2025

Refund

10 Dec 2025

Demat Credit

11 Dec 2025

Listing

11 Dec 2025

Last updated about 1 month ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Western Overseas Study Abroad Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

9 Dec 2025

Basis finalization

Refunds Initiate

10 Dec 2025

Mandate release

Demat Credit

11 Dec 2025

Shares in demat

Listing Debut

11 Dec 2025

Trading begins

How to Check Western Overseas Study Abroad Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Western Overseas Study Abroad Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Western Overseas Study Abroad Limited Public Issue & Market Profile

Western Overseas Study Abroad Limited is bringing an initial public offering (IPO) in the Education & Training sector with an aggregate issue size of ₹10.07 Crores. The shares are offered at a price band of ₹56 to ₹56 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-12-08, the basis of allotment is scheduled to be finalized on 2025-12-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.