WESTERN OVERSEAS STUDY ABROAD IPO
Snapshot of the Offering
| IPO Period | 04th – 08th Dec 2025 |
|---|---|
| Listing on | 11 Dec 2025 |
| Price Band | ₹56 per equity share |
| Lot Size & Minimum Investment | 2000 shares (₹112,000) |
| Total Issue Size | ₹10.07 Crores |
Western Overseas Study Abroad Limited is set to launch its Initial Public Offering (IPO), providing investors with an opportunity to participate in the burgeoning education and immigration services sector. The company’s fixed price issue aims to raise ₹10.07 Crores, with shares priced at ₹56 each. This IPO represents a significant step for Western Overseas Study Abroad as it seeks to expand its reach and strengthen its operational capabilities within a dynamic global market for overseas education and career guidance.
Important Dates for Investors
- Opening Date: 04 Dec 2025
- Closing Date: 08 Dec 2025
- UPI Payment Deadline: 08 Dec 2025 (5 PM)
- Allotment Announcement: 09 Dec 2025
- Refund Processing: 10 Dec 2025
- Demat Credit: 10 Dec 2025
- Stock Market Listing: 11 Dec 2025
- Mandate Validity End: 23 Dec 2025
- Anchor Investor Lock-in Release (50%): 08 Jan 2026
- Anchor Investor Lock-in Release (Remaining): 09 Mar 2026
*Dates may be revised as per official updates. Investors are advised to keep track of any official announcements from the company or stock exchanges regarding the IPO schedule. Adhering to these timelines is crucial for a smooth application and allotment process.
About Western Overseas Study Abroad: Pioneering Global Education
Founded in 2013, Western Overseas Study Abroad Limited has emerged as a prominent player in the education and immigration services industry. Headquartered in Haryana, the company specializes in providing comprehensive, end-to-end guidance to students and professionals aspiring to pursue overseas education and global career opportunities. Its extensive suite of services includes crucial visa advisory, meticulously structured test preparation programs for internationally recognized exams such as IELTS, TOEFL, PTE, CELPIP, and DUOLINGO, along with specialized foreign language training in French, German, and Spanish. This holistic approach positions the company as a one-stop solution for international aspirants.
Western Overseas Study Abroad extends its reach through various outreach initiatives, including seminars, workshops, and counselling sessions conducted across key regions such as Punjab, Haryana, Chandigarh, Delhi, and Madhya Pradesh. Under the astute leadership of its promoters, Mr. Pardeep Balyan and Mrs. Rekha Rani, the company has cultivated a strong reputation for guiding applicants through the often complex and intricate visa and immigration processes. Their vision has been instrumental in the company’s growth, fostering it into a trusted partner for individuals seeking to navigate the global academic and professional landscape. The company’s business model is strategically designed to offer seamless support, from initial training to final application submission, empowering clients to successfully achieve their international aspirations.
IPO Structure and Capital Allocation
| Total Funds Raised | ₹10.07 Crores |
|---|---|
| Fresh Issue Component | ₹10.07 Crores |
| Offer for Sale Component | ₹0 (N/A) |
The Western Overseas Study Abroad IPO is entirely a fresh issue of shares, meaning all the proceeds from the offering will directly flow into the company’s coffers. This structure underscores the company’s intent to utilize the funds for its growth initiatives and operational enhancements. The absence of an Offer for Sale (OFS) component indicates that existing shareholders are not selling their stakes, reflecting confidence in the company’s future prospects and a commitment to its expansion. The fresh capital injection is crucial for fueling the company’s strategic objectives and strengthening its financial foundation for future endeavors.
Strategic Deployment of IPO Proceeds
The capital raised through the IPO is earmarked for several strategic purposes designed to enhance Western Overseas Study Abroad’s market position, operational efficiency, and overall growth trajectory. The planned utilization of funds is as follows:
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Advertisement expenses for brand visibility | 3.43 | 37.41% |
| Acquisition and installation of software | 3.00 | 32.72% |
| Prepayment/repayment of borrowings | 2.00 | 21.81% |
| General corporate purposes | 0.74 | 8.06% |
A significant portion of the proceeds, approximately 37.41%, is allocated towards advertising expenses. This investment aims to bolster brand visibility and market penetration, crucial for attracting a larger base of students and professionals in a competitive industry. Another substantial allocation of 32.72% is for the acquisition and installation of advanced software. This will streamline operations, enhance service delivery, and improve overall customer experience through technological upgrades. Furthermore, 21.81% of the funds are designated for the prepayment or repayment of existing borrowings, which will help in strengthening the company’s balance sheet, reducing financial leverage, and improving its credit profile. The remaining 8.06% is allocated for general corporate purposes, providing the company with the flexibility to address unforeseen business needs, support ongoing operations, and pursue future growth opportunities as they arise.
Distinctive Advantages and Growth Drivers
- Extensive Regional Footprint: The company boasts a strong and well-established presence across key states including Punjab, Haryana, Delhi, Chandigarh, and Madhya Pradesh, enabling wide access to its target demographic.
- Comprehensive Service Portfolio: Western Overseas offers a complete suite of services that encompasses test preparation, visa advisory, foreign language training, and personalized counselling, providing a convenient one-stop solution for clients.
- Experienced Leadership and Industry Expertise: The company benefits from experienced promoters with recognized certifications and deep industry expertise, providing strategic direction and fostering trust among clients.
- Skilled Workforce and Robust Processes: A dedicated and skilled workforce, coupled with structured internal processes, ensures high-quality service delivery and operational efficiency.
- Client-Centric One-Stop Solution: Its integrated approach to services significantly enhances customer convenience, leading to higher engagement and satisfaction, and fostering long-term client relationships.
Key Considerations for Potential Investors
- Intensely Competitive Market: The immigration consultancy sector is highly competitive and fragmented, posing challenges in terms of market share and pricing pressures.
- Dependency on Foreign Policies: The company’s business model is significantly influenced by international immigration and visa policies, which are subject to changes beyond its control.
- Exposure to Global Economic and Geopolitical Shifts: Revenue streams are vulnerable to economic downturns and geopolitical instability in destination countries, which can impact student mobility and career opportunities.
- Reliance on Skilled Personnel: The quality of service heavily depends on the availability and retention of skilled personnel, and any inability to attract or retain talent could impact operations.
- Related-Party Overlap Risks: The existence of related-party entities operating in similar business segments may lead to potential conflicts of interest or competitive overlaps.
Real-time Investor Interest: Subscription Status
Subscription statistics based on the latest available information as of 5:00 PM on December 05, 2025:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | N/A | N/A | N/A |
| Non-Institutional Investors (NII) | 8.54 | 2.79 | 0.33 |
| Retail Individual Investors (RII) | 8.54 | 13.12 | 1.54 |
| Total | 17.08 | 15.90 | 0.93 |
As per the latest subscription data, the retail portion has garnered significant interest, being subscribed 1.54 times. The Non-Institutional Investors (NII) category has shown a subscription of 0.33 times. The overall IPO has been subscribed 0.93 times, reflecting a developing interest among investors. Potential investors should note that the Qualified Institutional Buyers (QIB) data may be updated as the IPO progresses, or the issue structure might not include a typical QIB allocation as observed in larger mainboard IPOs. Market interest often fluctuates throughout the subscription period, and final figures on the closing date provide a complete picture.
*GMP figures are unofficial and may vary; exchange data is more reliable. Investors are encouraged to rely on official subscription figures published by stock exchanges for accurate insights into investor demand.
Participating in the Western Overseas Study Abroad IPO
The Western Overseas Study Abroad IPO presents an opportunity for investors to engage with a company poised for growth in the global education and immigration services sector. With its strategic use of capital, comprehensive service offerings, and experienced leadership, the company aims to solidify its market position. Investors interested in participating in this public offering can apply through the official Dhan Kirti IPO platform. It is advisable to review the Red Herring Prospectus (RHP) thoroughly to understand the company’s business model, financial performance, and risk factors before making an investment decision.
Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes.
