Voler Car IPO

Voler Car is an NSE SME IPO listed on the NSE SME platform, priced at ₹85–₹90 per share. The stock debuted at ₹90 with a flat listing performance. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,44,000.

Voler Car Limited IPO

NSE SME Listed
₹1,44,000 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 12, 2025 – Feb 14, 2025
Price band
₹85-90 per equity share
Minimum Investment
₹1,44,000
Issue size
₹27 Cr
Lot size
1600
Allotment Date
Feb 17, 2025
Listing
Feb 19, 2025
Listing At
NSE SME

IPO timeline

  1. Feb 12, 2025

    Open Date

    Completed

  2. Feb 14, 2025

    Close Date

    Completed

  3. Feb 17, 2025

    Allotment Date

    Completed

  4. Feb 19, 2025

    Listing Date

    Completed

Voler Car IPO Essentials

Voler Car IPO Details

Voler Car IPO is priced at ₹85-90 per share with a total issue size of 27 crore. The IPO has a lot size of 1600 shares and is listed on an NSE SME.

Issue price
₹85-90 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
30,00,000 shares(aggregating up to ₹27.00 Cr)
Total issue size
30,00,000 shares
(aggregating up to ₹27 crore)
Fresh issue
30,00,000 shares
(aggregating up to ₹27 crore)
Listing at
NSE SME
List price
90.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
GYR Capital Advisors Private Limited

Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1600 ₹1,44,000
Retail(max) 1 1600 ₹1,44,000
NII (min) 2 3,200 ₹2,88,000

Voler Car IPO Documents

Voler Car IPO Reservation

Voler Car IPO reservation details show category-wise allocation of shares. Out of the total 30,00,000 shares, approximately 18.56% are reserved for QIB, 13.97% for NII, 32.59% for retail investors, 7.09% for market maker, and 27.79% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8,33,600 (27.79%)
Market Maker Shares Offered 2,12,800 (7.09%)
QIB Shares Offered 5,56,800 (18.56%)
NII (HNI) Shares Offered 4,19,200 (13.97%)
Retail Shares Offered 9,77,600 (32.59%)
Total Shares Offered 30,00,000 (100%)

Voler Car IPO Analytics

Voler Car IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Voler Car IPO Subscription Status

Voler Car IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 5,56,800 / 4,19,200 9,77,600 19,53,600
Day 1 12-02-25 06:00 PM
(0.00 / 0.97) x 1.38 x 0.90 x
Day 2 13-02-25 06:00 PM
(3.51 / 0.89) x 4.34 x 3.36 x
Day 3 14-02-25 06:00 PM
(9.34 / 19.06) x 13.94 x 13.73 x

Voler Car Valuations

Earnings

EPS Pre IPO
₹5.12/-
EPS Post IPO
₹3.74/-
P/E Pre IPO
17.59
P/E Post IPO
24.07

Returns

ROE
4.22%
ROCE
132.01%
RoNW
135.70%
PAT Margin
13.49

Fundamentals

Debt / Equity
0.39
Price / Book
22.17

Data sourced from DRHP / RHP • For educational purposes only

Voler Car Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 10.46 11.15 11.36
Revenue 31.45 26.63 24.83
Profit After Tax 4.17 2.02 0.93
Net Worth 3.07 -1.1 -3.11
Reserves & Surplus 2.92 -1.24 -3.26
Total Borrowing 1.19 3.8 5.55

Voler Car Company & Offer Insights

About Voler Car

Voler Cars Limited has been incorporated in the year 2010 with the business of providing reliable and efficient employee transportation services to big MNC's and corporate clients.

The Company provides home to office transportation in a comprehensive way with 24/7 customer service, Dedicated teams, over 2,000 vehicles include cars, SUVs, Electric vehicles, Buses, tempo travelers, and many more.

In FY 2023-24, The company has performed around 323,550 trips with an average of over 884 trips a day.

The company offers corporate transportation across Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad with vendor-sourced and leased vehicles while ensuring timely pick-ups and drop-offs per the service level agreement.

The company integrates GPS tracking with third-party technology to handle corporate travel for reservations, tracking, incident response, and SLAs for its clients through one system.

Voler Car Promoter(s)

Mr. Vikas Parasrampuria, Mr. Pawan Parasrampuria are the company's promoters of Voler Car.

Voler Car IPO Issue Objectives

Funding working capital requirements of the Company
General Corporate Purposes.
IPO Issue expenses

Voler Car IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Voler Car Limited 5.51 5.51 4.25 N/A 135.7 22.5 Standalone
Wise Travel India Limited 12.79 12.79 62.45 14.07 15.62 2.9 Standalone
Shree Osfm E-mobility Limited 7.02 7.02 14.33 16.77 15.24 8.36 Standalone

Notes:

  1. The P/E Ratio has been computed based on the closing market price of equity shares on January 27, 2025, divided by the Diluted EPS.
  2. Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth.
  3. Net Asset Value (NAV) per share is calculated as net worth at the end of the relevant year divided by the weighted average number of equity shares outstanding at the end of the year.

Contact Information

Contact Details

Voler Car

+91 9147359888

compliance@volercars.com

https://volercars.com/

22 Burtolla Street, 4th Floor, Kolkata - 700007

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

volercar.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Voler Car IPO is a book-built IPO worth ₹27 crore. The price band is ₹85–₹90 per share. The IPO opens on Feb 12, 2025 and closes on Feb 14, 2025. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The price band of Voler Car IPO is ₹85 to ₹90 per share.

The lot size of Voler Car IPO is 1600 shares.

The minimum investment for Voler Car IPO is approximately ₹1,44,000 based on the upper price band .

Voler Car IPO opens on Feb 12, 2025 and closes on Feb 14, 2025.

The allotment date of Voler Car IPO is Feb 17, 2025.

Voler Car IPO is expected to be listed on Feb 19, 2025, on NSE SME Platform.

Voler Car IPO valuation snapshot: P/E 24.07, EPS ₹3.74/-, P/B 22.17, RoNW 135.70%, and market cap N/A.

To apply for Voler Car IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Voler Car IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Voler Car IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Voler Car IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Voler Car IPO allotment status on IPO Ji for quick and easy access.