Western Overseas Study Abroad IPO
LiveAlready have an account? Apply now
Western Overseas Study Abroad IPO details
Schedule of Western Overseas Study Abroad
| Issue open date | 04 Dec 2025 |
| Issue close date | 08 Dec 2025 |
| UPI mandate deadline | 08 Dec 2025 (5 PM) |
| Allotment finalization | 09 Dec 2025 |
| Refund initiation | 10 Dec 2025 |
| Share credit | 10 Dec 2025 |
| Listing date | 11 Dec 2025 |
| Mandate end date | 23 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 08 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 09 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Western Overseas Study Abroad
Western Overseas Study Abroad Limited, founded in 2013, is a Haryana-based education and immigration services company. The company provides end-to-end guidance to students and professionals seeking overseas education and global career opportunities. Its offerings include visa advisory, test preparation for IELTS, TOEFL, PTE, CELPIP, DUOLINGO, and foreign language training in French, German, and Spanish. It also conducts seminars, workshops, and counselling sessions across Punjab, Haryana, Chandigarh, Delhi, and Madhya Pradesh.
The company operates under the leadership of promoters Mr Pardeep Balyan and Mrs Rekha Rani, whose vision has shaped its growth and service expansion. Western Overseas has established a strong presence by supporting applicants through complex visa and immigration processes and has become a trusted partner for international education aspirants. Its business model focuses on providing a one-stop solution—from training to application support—helping clients successfully position themselves in the global landscape
Financials of Western Overseas Study Abroad
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 10.07 |
| Fresh Issue – Proceeds go to the company | 10.07 |
Utilisation of proceeds
| Purpose | INR crores (%) |
|
Advertisement expenses for brand visibility |
3.43 (37.41%) |
|
Acquisition and installation of software |
3 (32.72%) |
|
Prepayment/repayment of borrowings |
2 (21.81%) |
|
General corporate purposes |
0.74 (8.06%) |
Strengths
- Strong presence across Punjab, Haryana, Delhi, Chandigarh, and Madhya Pradesh.
- Comprehensive service portfolio covering test prep, visas, language training, and counselling.
- Experienced promoters with recognised certifications and industry expertise.
- Skilled workforce and structured internal processes supporting service quality.
- One-stop solution approach that enhances customer convenience and engagement.
Risks
- Highly competitive and fragmented immigration consultancy market.
- Business are heavily dependent on foreign immigration and visa policies.
- Revenue is exposed to economic and geopolitical changes in destination countries.
- Dependence on skilled personnel and the ability to retain trained staff.
- Related-party entities operate in similar business segments, creating overlap risks.
Allotment Status for Western Overseas Study Abroad
To check your IPO allotment status:
- Visit the Skyline Financial Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.