Wise Travel India Limited IPO
NSE SMEListed On: Feb 19, 2024 at ₹ 195.0
₹ 147000 /1000 Shares
Check Allotment12 Feb, 2024
Open Date14 Feb, 2024
Close Date15 Feb, 2024
Allotment Date19 Feb, 2024
Listing DateIssue Price
₹140-147 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Beetal Financial & Computer Services (P) LimitedList Price
195.0Listing Date
2024-02-19Market Lot
1000 Shares (₹147,000/-)Lead Manager
Share India Capital Services Private LimitedIssue Size
6,441,000 shares(aggregating up to ₹94.68 Cr)Retail Portion
35%Subscription
timesWise Travel India Limited IPO Details
Wise Travel India Limited IPO is an SME IPO, priced at ₹140-147 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 64,41,000 equity shares, aggregating up to ₹94.68 crores..
The IPO bidding window is open from Feb 12, 2024 to Feb 14, 2024. The allotment is expected to be finalized on Feb 15, 2024, and the tentative listing date is Feb 19, 2024.
The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,47,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,94,000.
Share India Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Beetal Financial & Computer Services (P) Limited, and Share India Securities Limited will act as the market maker for this issue.
Wise Travel India Limited IPO Subscription Details
| As on | QIB / NII | Retail | |
|---|---|---|---|
| Shares Offered / Reserved | 1,191,000 / 894,000 | 2,084,000 | N/A |
| Day 1 - 12-02-24 06:00 PM | 0.02 / 3.60 x | 7.26 x | N/A x |
| Day 2 - 13-02-24 06:00 PM | 7.05 / 17.69 x | 18.77 x | N/A x |
| Day 3 - 14-02-24 06:00 PM | 106.69 / 376.05 x | 108.76 x | N/A x |
Wise Travel India Limited Valuations
EPS Pre IPO
₹5.91/-EPS Post IPO
₹9.52/-P/E Pre IPO
24.81P/E Post IPO
15.45ROE
29.79%ROCE
22.90%Debt/Equity
0.65RoNW
25.28%Price to Book Value
6.28Wise Travel India Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 12,161.21 | 6,002.64 | 5,271.17 |
| Revenue | 24,997.04 | 8,970.00 | 4,405.51 |
| Profit After Tax | 1,029.36 | 377.74 | 172.85 |
| Net Worth | 4,061.45 | 2,832.10 | 2,454.36 |
| Reserves & Surplus | 3,745.62 | 2,537.10 | 2,159.36 |
| Total Borrowing | 1,674.50 | 216.32 | 56.59 |
About The Company
Transport Company Wise Travel India Limited is incorporated in the year 2009. The transport company provides car rentals and transport services. Services of the company are available in 130 cities in India.
The company provides services that cover 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 has various types of available rental cars such as executive cars, luxury cars, coaches, SUVs, and sedans.
The company services in Delhi NC, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata. Clients of the company include Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola American Express, Renault, LinkediN, Hitachi, Cheli, Sapient, Panasonic etc.
The company had 784 employees including directors on its payroll as of October 31, 2023.
Wise Travel India Limited - Promoter(s)
Pre Issue Share Holding: 95.63%
Post Issue Share Holding: 69.76%
- Mr. Ashok Vashist
- Ms. Hema Bisht
- Mr. Vivek Laroia
Wise Travel India Limited IPO - Issue Objectives
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Other Details
Wise Travel India Limited
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075Beetal Financial & Computer Services (P) Limited
Wise Travel India Limited IPO - FAQs
Ans. Wise Travel India Limited IPO is a SME IPO. The issue is priced at ₹140-147 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 12, 2024, and closes on Feb 14, 2024. Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Wise Travel India Limited IPO opens on Feb 12, 2024 and closes on Feb 14, 2024.
Ans. The size of Wise Travel India Limited IPO is 6,441,000 shares(aggregating up to ₹94.68 Cr).
Ans. The IPO price band is set between ₹140-147 per equity share.
Ans. To apply for Wise Travel India Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Wise Travel India 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 Wise Travel India Limited IPO is Feb 15, 2024.
Ans. The Wise Travel India Limited IPO will be listed on Feb 19, 2024.
Ans. Follow the steps to check the allotment status for Wise Travel India Limited IPO here.
