Also Read: Fincare Small Finance Bank IPO gets SEBI approval According to a SEBI update today, the Western Carriers IPO received its observations letter on Friday, September 22. As per company's DRHP, Western Carriers IPO consists of an offer for sale (OFS) component of up to 93.29 lakh equity shares by the promoter Rajendra Sethia and a fresh issue of equity shares totaling up to ₹500 crore.
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