Western Overseas Study Abroad Limited
Fixed Price IPO · BSE
- Price band
- ₹56 - ₹56
- Lot size
- 2,000 shares
- Issue amount
- ₹10.07 cr
- Total subscription
- 1.46×
- Opens
- 4 Dec 2025
- Closes
- 8 Dec 2025
- Allotment
- 9 Dec 2025
- Listing
- 11 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 17,98,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹10.07 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,12,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 42,14,000
- Shares after issue
- 60,12,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,24,000 |
| sHNI | 3 | 6,000 | ₹3,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 8 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| NIB | 0 | 30 |
| RETAIL | 214 | 227 |
| HNIs (2-10L) | 142 | 14 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 4.78 | 11.6 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 1.29 | 5.25 | 2.82 |
| ROE | 0 | 0 | 0 |
| ROCE | 7.98 | 40.18 | 30.68 |
| RONW | 7.67 | 33.86 | 26.6 |
| PRE IPO(PE) | 0 | 10.67 | 0 |
| POST IPO(PE) | 15.51 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Western Overseas Study Abroad Limited | 10.67 | 0 | 0 | 15.49 | 33.86 | 5.25 |
| Winny Immigration & Education Services Limited | -3.09 | 0 | 0 | 27.20 | -78.48 | -22.97 |
| Landmark Global Learning Ltd | 8.24 | 0 | 0 | 40.75 | 15.63 | 6.37 |
Company information
Company profile
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.
Strengths
- Expert Advisory Team – A highly experienced counselling and training workforce that strengthens global admission and visa success rates.
- Personalized Support Model – Customized learning, documentation, and visa assistance designed to improve student outcomes and satisfaction.
- Digital Process Excellence – Advanced software platforms for training, monitoring, and workflow automation to ensure fast, reliable, and scalable service delivery.
Risk factors
- Exposure to Legal Proceedings – Active cases involving the company or its promoters may create reputational and financial uncertainties.
- Reliance on Strategic Partnerships – Business performance is significantly dependent on partner universities, colleges, and training networks; any disruption could negatively impact revenue.
- Weak Cash Flow Track Record – Historical negative cash flows highlight potential liquidity issues, which may influence future operational sustainability.
Promoters
Mr. Pardeep Balyan
Ms. rekha Rani
Registrar & documents
Lead manager
Sobhagya Capital Options Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Ground Floor- First Floor, S.C.F No-27-28, Vikas Vihar, Ambala, Haryana, 134003
+ 91-171-3500064
[email protected]Company website ↗Understanding WOSAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.