IPO

Wherrelz IT Solutions Limited IPO

BSE SME

Listed On: Dec 29, 2021 at ₹ 173.05

₹ 136800 /800 Shares

Check Allotment

IPO Details

16 Dec, 2021

Open Date

21 Dec, 2021

Close Date

24 Dec, 2021

Allotment Date

29 Dec, 2021

Listing Date

Issue Price

₹171 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

173.05

Listing Date

2021-12-29

Market Lot

800 Shares (₹136,800/-)

Lead Manager

Fedex Securities Limited

Issue Size

117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr)

Retail Portion

N/A

Subscription

2.25 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved55,20055,200110,400
Day 1 - 16-12-21 06:00 PM1.52 x1.09 x1.30 x
Day 2 - 17-12-21 06:00 PM1.55 x1.49 x1.52 x
Day 3 - 20-12-21 06:00 PM1.58 x2.41 x1.99 x
Day 4 - 21-12-21 06:00 PM1.65 x2.86 x2.25 x

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets0.090.080.08
Revenue0.200.220.20
Profit After Tax0.010.030.01

About The 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.

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- Promoter(s)

Pre Issue Share Holding: 29.41%

Post Issue Share Holding: 20.53%


Company Promoter(s)

  1. Mr. Chaitanya Dhareshwar
  2. Mrs. Sumanlata Dhareshwar

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. The size of Wherrelz IT Solutions Limited IPO is 117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr).

Ans. The IPO price band is set between ₹171 per equity share.

Ans. To apply for Wherrelz IT Solutions Limited IPO 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 allotment status for Wherrelz IT Solutions Limited IPO here.