Wherrelz IT Solutions Limited IPO
BSE SMEListed On: Dec 29, 2021 at ₹ 173.05
₹ 273600 /1600 Shares
*Min Investment
16 Dec, 2021
Open Date21 Dec, 2021
Close Date24 Dec, 2021
Allotment Date29 Dec, 2021
Listing DateIPO Issue Details
- Issue Price ₹171 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr)
- Listing at BSE SME
- List Price 173.05
- Listing Date 2021-12-29
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Wherrelz IT Solutions Limited IPO is an SME IPO, priced at ₹171 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Dec 16, 2021 to Dec 21, 2021. The allotment is expected to be finalized on Dec 24, 2021, and the tentative listing date is Dec 29, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 55,200 | 55,200 | 110,400 |
Day 1 16-12-21 06:00 PM | 1.52 x | 1.09 x | 1.30 x |
Day 2 17-12-21 06:00 PM | 1.55 x | 1.49 x | 1.52 x |
Day 3 20-12-21 06:00 PM | 1.58 x | 2.41 x | 1.99 x |
Day 4 21-12-21 06:00 PM | 1.65 x | 2.86 x | 2.25 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 0.09 | 0.08 | 0.08 |
| Revenue | 0.20 | 0.22 | 0.20 |
| Profit After Tax | 0.01 | 0.03 | 0.01 |
About Company
Incorporated in 2014, Wherrelz IT solutions and its subsidiary Infinitybeam IOT Labs Private Limited is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Cyber Security, Internet of Things (IoT), cloud-based tools, etc through standard software development model or customized software development model depending upon the requirement of the clients.
Read More- Promoter(s)
Mr. Chaitanya Dhareshwar
Mrs. Sumanlata Dhareshwar
Pre Issue Share Holding : 29.41%
Post Issue Share Holding : 20.53%
IPO - Issue Objectives
IPO - FAQs
Ans. Wherrelz IT Solutions Limited IPO is a SME IPO. The issue is priced at ₹171 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Dec 16, 2021, and closes on Dec 21, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Wherrelz IT Solutions Limited IPO opens on Dec 16, 2021 and closes on Dec 21, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Wherrelz IT Solutions Limited IPO is 117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr).
Ans. The Wherrelz IT Solutions Limited IPO price band is set between ₹171 per equity share.
Ans. To apply for Wherrelz IT Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Wherrelz IT Solutions 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 Wherrelz IT Solutions Limited IPO is Dec 24, 2021.
Ans. The Wherrelz IT Solutions Limited IPO will be listed on Dec 29, 2021.
Ans. Follow the steps to check the Wherrelz IT Solutions Limited IPO allotment status online.
