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 | NSE SME |
| 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 Starts | 12 Feb 2024 |
| Offer Ends | 14 Feb 2024 |
| Allotment | 15 Feb 2024 |
| Refunds | 16 Feb 2024 |
| Credit of shares to Demat account | 16 Feb 2024 |
| IPO Listing | 19 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 in | Managing Director |
| 2009 | Mr. Ashok Vashist |
Share Holding
| Share Holding Pre-Issue | 95.63% |
| Share Holding Post-Issue | 69.76% |
Wise Travel India Limited IPO Prospectus
| Wise Travel India Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| 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
| Values | Values | ||
| Market cap | 350.03 Cr | ROE | 29.79% |
| P/E (X) | 24.81 | ROCE | 22.90% |
| POST P/E (X) | 15.45 | EPS | 2.43 |
| Debt to Equity | 0.65 | RONW | 25.28% |
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 | |
| Address | Wise Travel India Limited D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075 |
| Phone: | +91-11-45434542 |
| cs@wti.co.in | |
| Website | https://www.wticabs.com/ |
| Wise Travel India Limited IPO Registrar | |
| . | Beetal Financial & Computer Services (P) Limited |
| Phone | +91 11 29961281 |
| beetal@beetalfinancial.com | |
| Website | http://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 |
| info@shareindia.com | |
| Website | http://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.