Wise Travel India Limited IPO

NSE SME

Listed On: Feb 19, 2024 at ₹ 195.0

₹ 147000 /1000 Shares

Check Allotment

Wise Travel India Limited IPO Details

12 Feb, 2024

Open Date

14 Feb, 2024

Close Date

15 Feb, 2024

Allotment Date

19 Feb, 2024

Listing Date

Issue Price

₹140-147 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Beetal Financial & Computer Services (P) Limited

List Price

195.0

Listing Date

2024-02-19

Market Lot

1000 Shares (₹147,000/-)

Lead Manager

Share India Capital Services Private Limited

Issue Size

6,441,000 shares(aggregating up to ₹94.68 Cr)

Retail Portion

35%

Subscription

163.46 times

IPO Docs

DRHP RHP

Wise Travel India Limited IPO Subscription Details

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

EPS Pre IPO

₹5.91/-

EPS Post IPO

₹9.52/-

P/E Pre IPO

24.81

P/E Post IPO

15.45

RoNW

25.28%

Wise 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

About The Company

Wise Travel India Limited is a transport company that offers car rentals and transportation services. The company offer services across 130 cities in India.

The company offers a range of services including 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 offers a variety of rental cars, including executive cars, luxury cars, coaches, SUVs, and sedans.

The company offer services in cities such as Delhi NC, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur and Kolkata. The client base of the company includes Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola American Express, Renault, LinkediN, Hitachi, Cheli, Sapient, Panasonic etc.

As of October 31, 2023, the company has 784 employees including directors on its payroll.

Wise Travel India Limited - Promoter(s)

Pre Issue Share Holding: 95.63%

Post Issue Share Holding: 69.76%

Company Promoter(s)

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

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.