Western Overseas Study Abroad came to market through an SME IPO that opened on 4 December 2025 and closed on 8 December 2025, and the shares listed on 11 December 2025 on BSE SME. The price band was ₹56 per share and one lot was 2000 shares, so the minimum application was ₹1,12,000. The issue size was ₹10.07 crore. The whole issue was fresh shares, so the money raised went to the company.
Skyline Financial Services Pvt.Ltd was the registrar to the issue, and Sobhagya Capital Options Pvt.Ltd was the lead manager.
As of 8 December 2025.
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Western Overseas Study Abroad Limited was incorporated in 2013 and has since been involved in educational and immigration advisory services, offering visa advice.It also provides language training in IELTS, TOEFL, PTE, CELPIP, Duolingo, and LanguageCert; foreign language courses in French, German, and Spanish; consulting services; and workshops for students and individuals going abroad for education or career opportunities.
The company presents itself as a single-window solution for students hailing from Punjab, Chandigarh, Haryana, Delhi, and Madhya Pradesh with the motto of empowering them for global success in their educational and career pursuits.The services offered include education consultancy, loan guidance, scholarship assistance, language training, visa services, and career support that help students develop skills, create opportunities, and build professional success from enrollment onward.
The company provides educational services that encompass coaching for English proficiency and foreign languages, test bookings, and immigration consultancy for studies, tourist, work, business visas, and permanent residency. With 12 branches and 1 back-end office, the company provides each client with private training classrooms and personal consultant desks to offer customized global education and immigration consultancy services.
As described in the offer document.
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Mr. Pardeep Balyan, Ms. Rekha Rani. Promoter holding 100% before the issue and 70.09% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Western Overseas Study Abroad IPO was a ₹10.07 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹56 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,24,000). The IPO was open from December 4 to December 8, 2025 and was subscribed 1.46x. Shares listed on BSE SME on December 11, 2025 at ₹54.90, a 2.0% discount to the issue price of ₹56. Skyline Financial Services Pvt. Ltd.
is the registrar. Sobhagya Capital Options Pvt. Ltd. is the book running lead manager.
The issue price of Western Overseas Study Abroad IPO is ₹56 per share (fixed price).
The lot size of Western Overseas Study Abroad IPO is 2000 shares.
The minimum investment for Western Overseas Study Abroad IPO is approximately ₹2,24,000 based on the issue price.
The allotment date of Western Overseas Study Abroad IPO is Dec 9, 2025.
You can check Western Overseas Study Abroad IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Western Overseas Study Abroad IPO allotment status on Rupix for quick and easy access.
₹56 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,12,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,12,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 4 December 2025 and closed on 8 December 2025.
The basis of allotment was published on 9 December 2025 by Skyline Financial Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 11 December 2025 on BSE SME.
The issue size was ₹10.07 crore. The fresh issue was 17,98,000 shares (aggregating up to ₹10.07 crore).