Mumbai, Dec. 11 -- The scrip was listed at Rs 54.90, a 1.96% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 54.90 and a low of Rs 52.16. About 68,000 shares of the company changed hands at the counter.

Western Overseas Study Abroad's IPO was subscribed 1.38 times. The issue opened for bidding on 4 December 2025 and it closed on 8 December 2025. The price of the IPO was fixed at Rs 56 per share.

The IPO comprised a fresh issue of 17,98,000 equity shares. The promoter and promoter group shareholding diluted to 70.09% from 100% pre-issue.

The company intends to utilize the net proceeds to finance advertisement expenses towards e...