Incorporated in 2013, Western Overseas Study Abroad Limited is engaged in providing educational and immigration advisory services, and offering visa advice.The company also offers language training (IELTS, TOEFL, PTE, CELPIP, Duolingo, LanguageCert), foreign language courses (French, German, Spanish), consulting services, and workshops for individuals pursuing education or career opportunities abroad.The company offers a one-stop solution to students from Punjab, Chandigarh, Haryana, Delhi, and Madhya Pradesh, aiming to empower them and help them succeed globally in their educational and career pursuits.The company offers education consultancy, loan guidance, scholarship assistance, language training, visa services, and career support, helping students develop skills, create opportunities, and build professional success from enrollment onward.The company provides educational services, including coaching for English proficiency and foreign languages, test bookings, and immigration consultancy for study, tourist, work, business visas, and permanent residency.The company has 12 branches and 1 back-end office, offering dedicated training classrooms and individual consultant desks, providing personalized global education and immigration consultancy services to each client.Services:Training for Language Proficiency Tests (IELTS / CELPIP / PTE / TOEFL & more) and Exams:The company helps clients meet eligibility criteria by preparing them for English proficiency tests like IELTS, PTE, DUOLINGO, and TOEFL, offering exam strategies, practice tests, and skill enhancement across all sections.Immigration consultancy service including Study Visa/tourist Visa/Business Visa and Permanent Visa. Study/Schooling Visa: The company assists students with student visa applications, interview preparation, and document submission, as well as providing guidance for Temporary Residence Visas (TRV) and Permanent Residence Visas (PRV) for successful applications.Competitive Strengths:Experienced and Knowledgeable team.Customization Expertise.Technology Integration.Range of services under one Roof.Clear and Transparent Terms.
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
90,000 | ₹0.500 |
|
NII
|
854,000 | ₹4.780 |
|
Retail
|
854,000 | ₹4.780 |
| Total ** | 1,798,000 | ₹10.070 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 4,000 | ₹224,000 |
| Retail (Max — 13 Lots) | 13 | 26,000 | ₹1,456,000 |
| S-HNI (Min — 14 Lots) | 14 | 28,000 | ₹1,568,000 |
| S-HNI (Max — 66 Lots) | 66 | 132,000 | ₹7,392,000 |
| B-HNI (Min — 67 Lots) | 67 | 134,000 | ₹7,504,000 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 854,000 | 854,000 | 1,708,000 |
| Allotment price (Rs.) | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 0.50 | — | — | — | 4.78 | 4.78 | 9.56 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 854,000 | 854,000 | 1,708,000 |
| Amount (Rs.cr.) | — | 0.50 | — | — | — | 4.78 | 4.78 | 9.56 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 90,000 | ₹0.50 |
5.01%
|
| NII / HNI | 854,000 | ₹4.78 |
47.50%
|
| Retail (RII) | 854,000 | ₹4.78 |
47.50%
|
| Total | 1,798,000 | ₹10.07 |
100.00%
|
| Particulars | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 4.97 | 22.96 | 20.37 |
| EBITDA | 0.87 | 3.70 | 2.29 |
| Profit After Tax (PAT) | 0.54 | 2.21 | 1.19 |
| Net Worth | 7.07 | 6.53 | 4.48 |
| Total Assets | 13.87 | 12.69 | 10.05 |
| Reserves & Surplus | 2.86 | 2.32 | 4.47 |
| Total Borrowings | 4.63 | 4.09 | 3.31 |
| EBITDA Margin (%) | 16.27% | — | — |
| PAT Margin (%) | 9.73% | — | — |
Western Overseas Study Abroad Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: