Voler Car Limited IPO
NSE SMEListed On: Feb 19, 2025 at ₹ 90.0
₹ 288000 /3200 Shares
*Min Investment
12 Feb, 2025
Open Date14 Feb, 2025
Close Date17 Feb, 2025
Allotment Date19 Feb, 2025
Listing DateVoler Car IPO Issue Details
- Issue Price ₹85-90 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,00,000 shares(aggregating up to ₹27 crore)
- Fresh Share 30,00,000 shares(aggregating up to ₹27 crore)
- Listing at NSE SME
- List Price 90.0
- Listing Date 2025-02-19
- Lead Manager GYR Capital Advisors Private Limited
- Registrar Kfin Technologies 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 Reservation
Voler Car IPO offers total 30,00,000 shares. Out of which 5,56,800 (18.56%) allocated to QIB, 4,19,200 (13.97%) allocated to NII,9,77,600 (32.59%) allocated to RII, NA (NA%) allocated to employees and 8,33,600 (27.79%) allocated to 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 Details
Voler Car Limited IPO is an SME IPO, priced at ₹85-90 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,00,000 equity shares, aggregating up to ₹27 crores..
The IPO bidding window is open from Feb 12, 2025 to Feb 14, 2025. The allotment is expected to be finalized on Feb 17, 2025, and the tentative listing date is Feb 19, 2025.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Wiinance Financial Services Private Limited will act as the market maker for this issue.
Voler Car IPO Subscription Analysis And Details
| 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
Voler Car Company Financials
| 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 |
About Voler Car Company
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
Pre Issue Share Holding : 92.88%
Post Issue Share Holding : %
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:
- 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.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth.
- 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 Details
Voler Car
22 Burtolla Street, 4th Floor, Kolkata - 700007
+91 9147359888
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Voler Car IPO - FAQs
Ans. Voler Car Limited IPO is a SME IPO. The issue is priced at ₹85-90 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Feb 12, 2025, and closes on Feb 14, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Voler Car Limited IPO opens on Feb 12, 2025 and closes on Feb 14, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Voler Car Limited IPO is 30,00,000 shares(aggregating up to ₹27.00 Cr).
Ans. The Voler Car Limited IPO price band is set between ₹85-90 per equity share.
Ans. To apply for Voler Car Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Voler Car Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Voler Car Limited IPO is Feb 17, 2025.
Ans. The Voler Car Limited IPO will be listed on Feb 19, 2025.
Ans. Follow the steps to check the Voler Car Limited IPO allotment status online.
