Wise Travel India Limited IPO

Wise Travel India Limited IPO bidding starts from February 12, 2024 and ends on February 14, 2024. The allotment for the Wise Travel India Limited IPO is expected to be finalized on February 15, 2024. Wise Travel India Limited IPO will list on NSE SME with tentative listing date fixed as February 19, 2024. Wise Travel India Limited IPO price band is set at ₹140 to ₹147 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹1,47,000.

Important Dates:-

ParticularsValue
Open Date:-February 12, 2024
Close Date:-February 14, 2024
Allotment Date:-February 15, 2024
Listing Date:-February 19, 2024

About Wise Travel India Limited :-

Established in 2009, Wise Travel India Limited is a transportation company specializing in car rentals and transportation services, catering to a vast network of 130 cities across India.

The company provides an extensive array of services, encompassing car rentals, employee transportation, comprehensive end-to-end employee transport solutions (MSP), adaptable fixed and monthly rental plans, airport counters, fleet management, mobility services for Meetings, Incentives, Conferences, and Exhibitions (MICE), cutting-edge mobility technology solutions, sustainable mobility options, project mobility solutions, strategic consulting, advisory services on mobility, and community commute.

WTI offers a diverse fleet of rental cars, including executive cars, luxury cars, coaches, SUVs, and sedans.

Operating in key cities such as Delhi NCR, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata, the company serves a prestigious clientele, including Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola, American Express, Renault, LinkedIn, Hitachi, Cheli, Sapient, Panasonic, among others.

As of October 31, 2023, Wise Travel India Limited employs a workforce of 784 individuals, including directors, on its payroll.

Contact Details :-

Address:- Wise Travel India Limited D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075

Phone:- +91-11-45434542

E-mail:- cs@wti.co.in

Website:- https://www.wticabs.com/

IPO Details :-

ParticularsValue
IPO Type:-SME
Price:-₹140 to ₹147
Lot Size:-1000
Minimum Amount for 1 Lot:-1,47,000
Listing At:-NSE SME
Total issue of Shares:-64,41,000
Total issue Size:-94.68 Crore
Fresh issue of Shares:-64,41,000
Fresh issue Size:-94.68 Crore
Face Value:-10 per Equity Share
Retail Quota:-35%
QIB Quota:-50%
NII Quota:-15%

Financial Information :-

Amount in ₹ Lakh

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets13,427.82 12,161.21 6,002.645,271.17
Revenue19,016.5324,997.048,970.004,405.51
Profit After Tax1,132.911,029.36377.74172.85
Net Worth5,194.364,061.452,832.102,454.36
Reserves and Surplus3,457.283,745.622,537.102,159.36
Total Borrowing1,627.551,674.50216.3256.59

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-350
ROE:-29.79%
ROCE:-22.90%
Debt/Equity:-0.65
RoNW:-25.28%

IPO Registrar :-

Name:- Beetal Financial & Computer Services (P) Limited

Website:- http://www.beetalmail.com/smeipo

IPO Prospectus :-

ParticularsLink
Wise Travel India Limited IPO DHRP:-Click Here
Wise Travel India Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
12-02-20248022754.42%
13-02-2024 7622351.7%
14-02-20244519230.61%
15-02-20245019734.01%
16-02-2024 6421143.54%
17-02-2024 6821546.26%
18-02-2024 7121848.3%
19-02-20247121848.3%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 12, 20240.023.607.263.603.604.35
February 13, 20247.0517.6918.7717.6917.6915.01
February 14, 2024106.69375.56108.76375.56375.56163.46

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 15, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-February 19, 2024
NSE Symbol :-WTICAB
ISIN:-INE623Y01011
Final Issue Price:-147.00
Open:-195.00
Low:-195.00
High:-204.75
Close:-204.75

Wise Travel India Limited IPO FAQ :-

What is the opening date for Wise Travel India Limited IPO?

The Wise Travel India Limited IPO opens on February 12, 2024.

What is the closing date for Wise Travel India Limited IPO?

The Wise Travel India Limited IPO closes on February 14, 2024.

When will the shares be allotted for Wise Travel India Limited IPO?

Shares of Wise Travel India Limited IPO will be allotted on February 15, 2024.

What is the listing date for Wise Travel India Limited IPO?

The listing date for Wise Travel India Limited IPO is February 19, 2024.

What is the price/ price range for Wise Travel India Limited IPO?

The price/ price range for Wise Travel India Limited IPO is ₹140 to ₹147.

What is the minimum lot size for the Wise Travel India Limited IPO?

The minimum lot size for Wise Travel India Limited IPO is 1000 shares.

What is the minimum investment required for retail investors in the Wise Travel India Limited IPO?

The minimum investment required for retail investors in the Wise Travel India Limited IPO is ₹1,47,000.

What type of IPO is the Wise Travel India Limited IPO?

The type of Wise Travel India Limited IPO is SME.

What is the total issue size of the Wise Travel India Limited IPO?

The total issue size of Wise Travel India Limited IPO is ₹94.68 Crore.

How many shares are being offered in the Wise Travel India Limited IPO?

Total 64,41,000 shares are being offered in the Wise Travel India Limited IPO.

What is the face value of Wise Travel India Limited IPO share?

The face value of Wise Travel India Limited IPO share is ₹10.

What is the market capitalization of the Wise Travel India Limited IPO?

The market capitalization of the Wise Travel India Limited IPO is ₹350.03 Crore.

Who is the registrar for the Wise Travel India Limited IPO?

The registrar for the Wise Travel India Limited IPO is Beetal Financial & Computer Services (P) Limited.

Where can I check the IPO Allotment status for Wise Travel India Limited IPO?

You can check the IPO Allotment status for Wise Travel India Limited IPO at http://www.beetalmail.com/smeipo.

What is the email address and website of Wise Travel India Limited IPO?

The email address of Wise Travel India Limited IPO is cs@wti.co.in and website is https://www.wticabs.com/.

What is the Wise Travel India Limited IPO GMP (Grey Market Premium) as of 19-02-2024?

The latest GMP for Wise Travel India Limited IPO is ₹71 as of 19-02-2024.