Wise Travel India Limited IPO
Wise Travel India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹140–₹147 per share. The stock debuted at ₹195, delivering a listing gain of 32.7%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,47,000.
Wise Travel India Limited IPO
- IPO Dates
- Feb 12, 2024 – Feb 14, 2024
- Price band
- ₹140-147 per equity share
- Minimum Investment
- ₹1,47,000
- Issue size
- ₹94.68 Cr
- Lot size
- 1000
- Allotment Date
- Feb 15, 2024
- Listing
- Feb 19, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 12, 2024
Open Date
Completed
-
Feb 14, 2024
Close Date
Completed
-
Feb 15, 2024
Allotment Date
Completed
-
Feb 19, 2024
Listing Date
Completed
Wise Travel India Limited IPO Essentials
Wise Travel India Limited IPO Details
Wise Travel India Limited IPO is priced at ₹140-147 per share with a total issue size of 94.68 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹140-147 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,441,000 shares(aggregating up to ₹94.68 Cr)
- Total issue size
- 64,41,000 shares
(aggregating up to ₹94.68 crore) - Fresh issue
- 64,41,000 shares
(aggregating up to ₹94.68 crore) - Listing at
- NSE SME
- List price
- 195.0
- Listing date
- Registrar
- Beetal Financial & Computer Services (P) Limited
- Lead manager
-
Share India Capital Services Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 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 | 1000 | ₹1,47,000 |
| Retail(max) | 1 | 1000 | ₹1,47,000 |
| NII (min) | 2 | 2,000 | ₹2,94,000 |
Wise Travel India Limited IPO Reservation
Wise Travel India Limited IPO reservation details show category-wise allocation of shares. Out of the total 6,441,000 shares, approximately 18.49% are reserved for QIB, 13.88% for NII, 32.36% for retail investors, 6.8% for market maker, and 27.71% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,785,000 (27.71%) | |
| Market Maker Shares Offered | 438,000 (6.8%) | |
| QIB Shares Offered | 1,191,000 (18.49%) | |
| NII (HNI) Shares Offered | 894,000 (13.88%) | |
| Retail Shares Offered | 2,084,000 (32.36%) | |
| Total Shares Offered | 6,441,000 (100%) |
Wise Travel India Limited IPO Analytics
Wise Travel India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Wise Travel India Limited IPO Subscription Status
Wise Travel India Limited 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 | 1,191,000 / 894,000 | 2,084,000 | 4,218,000 |
|
Day 1
12-02-24 06:00 PM
|
(0.02 / 3.60) x | 7.26 x | 4.35 x |
|
Day 2
13-02-24 06:00 PM
|
(7.05 / 17.69) x | 18.77 x | 15.01 x |
|
Day 3
14-02-24 06:00 PM
|
(106.69 / 376.05) x | 108.76 x | 163.46 x |
Wise Travel India Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.91/-
- EPS Post IPO
- ₹9.52/-
- P/E Pre IPO
- 24.81
- P/E Post IPO
- 15.45
Returns
- ROE
- 29.79%
- ROCE
- 22.90%
- RoNW
- 25.28%
Fundamentals
- Debt / Equity
- 0.65
- Price / Book
- 6.28
Wise Travel India Limited Financials( In Lakhs)
| 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 |
Wise Travel India Limited Company & Offer Insights
About Wise Travel India Limited
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)
Mr. Ashok Vashist, Ms. Hema Bisht, Mr. Vivek Laroia are the company's promoters of Wise Travel India Limited.
Wise Travel India Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirement
- •
- General Corporate Purpose
- •
- To Meet the Issue Expenses
Wise Travel India Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Wise Travel India Limited | 5.93 | 5.93 | 23.39 | 24.81 | 25.28 | 6.28 | Consolidated |
| Shree Osfm E-mobility Limited | 2.94 | 2.94 | 3.34 | 22.11 | 15.11 | 19.46 | Consolidated |
| Mahindra Logistics Ltd | 8.97 | 8.97 | 4.56 | 44.51 | 9.84 | 87.28 | Consolidated |
Notes:
- Issue Price for OSFM is the IPO price.
- The Issue Price has been determined by the Company in consultation with the Book Running Lead Manager and justified by the Company in consultation with the Book Running Lead Manager on the basis of the above parameters.
- The investors may also want to peruse the risk factors and financials of the Company, including important profitability and return ratios, as set out in the Auditors' Report in the offer document to have a more informed view about the investment.
Contact Information
Contact Details
Wise Travel India Limited
+91-11-45434542
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075
Registrar Contact Details
Beetal Financial & Computer Services (P) Limited
+91 11 29961281
Frequently Asked Questions
Click any question to reveal the answer
Wise Travel India Limited IPO is a book-built IPO worth ₹94.68 crore. The price band is ₹140–₹147 per share. The IPO opens on Feb 12, 2024 and closes on Feb 14, 2024. It will be listed on NSE SME Platform. Beetal Financial & Computer Services (P) Limited is the registrar.
The price band of Wise Travel India Limited IPO is ₹140 to ₹147 per share.
The lot size of Wise Travel India Limited IPO is 1000 shares.
The minimum investment for Wise Travel India Limited IPO is approximately ₹1,47,000 based on the upper price band .
Wise Travel India Limited IPO opens on Feb 12, 2024 and closes on Feb 14, 2024.
The allotment date of Wise Travel India Limited IPO is Feb 15, 2024.
Wise Travel India Limited IPO is expected to be listed on Feb 19, 2024, on NSE SME Platform.
Wise Travel India Limited IPO valuation snapshot: P/E 15.45, EPS ₹9.52/-, P/B 6.28, RoNW 25.28%, and market cap N/A.
To apply for Wise Travel India Limited 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 Wise Travel India Limited 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 Wise Travel India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Wise Travel India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Wise Travel India Limited IPO allotment status on IPO Ji for quick and easy access.