Wise Travel India Limited IPO Date, Price, Allotment Details

IPO DetailsIPO Allotment Status check

Wise Travel India Limited IPO is an NSE SME IPO. They are going to raise ₹94.68 Crores via IPO. The issue is priced at ₹140 to ₹147 per equity share. The IPO is to be listed on NSE.

Wise Travel India Limited IPO opens for subscription on February 12, 2024, and closes on February 14, 2024. The allotment for the Wise Travel India Limited IPO is expected to be finalized on February 15, 2024. Wise Travel India Limited IPO will list on NSE SME with tentative listing date fixed as Friday, February 19, 2024.

Wise Travel India Limited
Wise Travel India Limited NSE SME
Wise Travel India Limited Details
Minimum Investment
₹147,000 /1 Lot (1000 shares)
Price Range
₹140-₹147
Max Quantity
1 Lots/1000 Shares
Max Investment
₹147,000
Retail Discount
₹0
Investor category and subcategory
Individual- HNI & Retail
Issue Size
94.68 Cr
Employee Discount
₹0
Total Issue Size
6,441,000 Shares
(aggregating up to ₹94.68 Cr)
Share Holding Pree Issue
17,370,837
Issue Type
Book Built Issue IPO
Fresh Issue Share
6,441,000 Shares
(aggregating up to ₹94.68 Cr)
Share Holding Post Issue
23,811,837
Listing At
NSE SME
Market Maker Portion
438,000 shares (Share India securities)
Face value
₹10 pr share.

IPO Dates

Offer Starts12 Feb 2024
Offer Ends14 Feb 2024
Allotment15 Feb 2024
Refunds16 Feb 2024
Credit of shares to Demat account16 Feb 2024
IPO Listing19 Feb 2024

About Wise Travel India Limited

  • Incorporated in 2009, Wise Travel India Limited is a transport company that offers car rentals and transportation services. The company offer services across 130 cities in India.
  • The company offers a range of services including car rental, employee transportation, end-to-end employee transport solutions (MSP), flexible fixed/monthly rental plans, airport counters, fleet management, mobility services for MICE, cutting-edge mobility tech solutions, sustainable mobility, project mobility solutions, strategic consulting and advisory on mobility, and community commute.

WTI offers a variety of rental cars, including executive cars, luxury cars, coaches, SUVs, and sedans.

  • Operating in Delhi NC, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata, the company serves esteemed clients such as Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola, American Express, Renault, LinkediN, Hitachi, Cheli, Sapient, Panasonic, and more. Unleashing excellence across diverse sectors.
Incorporated inManaging Director
2009Mr. Ashok Vashist

Share Holding

Share Holding Pre-Issue95.63%
Share Holding Post-Issue69.76%

Wise Travel India Limited IPO Prospectus

Wise Travel India Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Financials

Year202320222021
Revenue₹27,997.04₹8,970₹4,405.51
Assets₹12,161.21₹6,002.64₹5,271.17
Profit₹1029.36₹377.74₹172.85

All values are in Rs. Lakhs

Fundamentals

ValuesValues
Market cap350.03 CrROE29.79%
P/E (X)24.81ROCE22.90%
POST P/E (X)15.45EPS2.43
Debt to Equity0.65RONW25.28%

Objects of the Issue

  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

Brokerage Firm IPO Review

  • To be updated soon
Wise Travel India Limited Contact Details
AddressWise Travel India Limited
D-21, Corporate Park,
3rd Floor, Near Sector-8 Metro
Station, Sector-21, Dwarka- 110075
Phone:+91-11-45434542
E-mailcs@wti.co.in
Websitehttps://www.wticabs.com/
Wise Travel India Limited
IPO Registrar
.Beetal Financial & Computer Services (P) Limited
Phone+91 11 29961281
E-mailbeetal@beetalfinancial.com
Websitehttp://www.beetalfinancial.com
Wise Travel India Limited IPO Allotment Status Check
Wise Travel India Limited IPO Allotment Status Check Click Here
Wise Travel India Limited
Lead Managers
Share India Capital Services Private Limited
14, Dayanand Vihar,
Near Karkardooma Metro Station,
Delhi-110092, India
Phone+91-11-43011000
E-mailinfo@shareindia.com
Websitehttp://www.shareindia.com/

Wise Travel India Limited IPO FAQs

What is Wise Travel India Limited IPO?
  • Wise Travel India Limited IPO is an NSE SME IPO. They are going to raise ₹94.68 Crores via IPO. The issue is priced at ₹140 to ₹147 per equity share. The IPO is to be listed on NSE.
When Wise Travel India Limited IPO will open?
  • The IPO is to open on February 12, 2023, for NII, and Retail Investors.
What is Wise Travel India Limited IPO Investors Portion?
  • The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Wise Travel India Limited IPO Size?
  • Wise Travel India Limited IPO size is ₹94.68 crores.
What is Wise Travel India Limited IPO Price Band?
  • Wise Travel India Limited IPO Price Band is ₹140 to ₹147 per equity share.
What is Wise Travel India Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (1000 Shares) with ₹147.000. and Maximum Lot Size 1 Lots (1000 Shares) with ₹147,000
What is Wise Travel India Limited IPO Allotment Date?
  • Wise Travel India Limited IPO allotment date is February 18, 2024.
What is Wise Travel India Limited IPO Listing Date?
  • Wise Travel India Limited IPO listing date is February 19, 2024. The IPO to list on NSE.

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