Wise Travel India
Wise Travel India Info
Details about the Wise Travel India IPO. Opening Date of Wise Travel India is 12 Feb 24 and Closing Date is 14 Feb 24 . Face Value of Each share of Wise Travel India is ₹10 per share. Price band of Wise Travel India is ₹140 to ₹147. The Lot size of Wise Travel India is 1,000 shares. Total issue size of Wise Travel India IPO is ₹94.68 cr. Fresh Issue of Wise Travel India IPO is 94.68 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Wise Travel India is 17,370,837. Share Holding Post Issue of Wise Travel India is 23,811,837.
Business Summary
Wise Travel India Limited (“WTI Cabs” or “WTI”) is engaged in the business of providing online car rental and taxi booking services in India.
The operations are carried out with a large fleet of on-road and robust technology platforms.
The objective behind the venture is to have presence across the value chain through services in the corporate people transportation which includes Car Rental Services, Employee Transportation Services, Car Leasing, Coach Rentals, Technology, and Mobility Solutions.
Wise Travel India IPO Details
| Open Date | 12 Feb 24 |
|---|---|
| Close Date | 14 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹140 - ₹147 |
| Lot Size | 1,000 Shares |
| Total issue Size | 6,441,000 Shares ₹94.68 cr |
| Fresh Issue | 6,441,000 Shares ₹94.68 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 17,370,837 |
| Share Holding Post Issue | 23,811,837 |
| Market Maker | Share India Securities |
| Market Maker Portion | 438,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Wise Travel India IPO Timeline
The Wise Travel India Initial Public Offering (IPO) is set to open on 12 Feb 24 and will end its subscription phase on 14 Feb 24. You can check your allotment status for Wise Travel India on 15 Feb 24. The refund process for your funds will start promptly on 16 Feb 24. Wise Travel India IPO credit of shares will be on 16 Feb 24. The listing date for Wise Travel India is on 19 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Wise Travel India IPO Reservation
The Wise Travel India IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
438,000 Shares will be reserved for subscription by Share India Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Wise Travel India IPO Lot Size
Bids can be made for minimum of 1000 shares and in multiple of 1000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 147,000 |
| Retail (Max) | 1 | 1,000 | 147,000 |
| HNI (Min) | 2 | 2,000 | 294,000 |
Wise Travel India IPO Promoters Holding
Promoters holding details for Wise Travel India in the current issue is as follows: The share holding of promoters before the issue stands at 95.63%, and after the issue, it has been adjusted to 69.76%.
Promoters of Wise Travel India are Mr. Ashok Vashist, Ms. Hema Bisht, Mr. Vivek Laroia,
| Share Holding Pre Issue | 95.63% |
|---|---|
| Share Holding Post Issue | 69.76% |
Wise Travel India Financial Information
Financial performance details for Wise Travel India over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 13,427.82 | 12,161.21 | 6,002.64 | 5,271.17 |
| Revenue | 19,016.53 | 24,997.04 | 8,970 | 4,405.51 |
| Profit After Tax | 1,132.91 | 1,029.36 | 377.74 | 172.85 |
Wise Travel India IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Wise Travel India are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 24.81 |
| ROCE | 22.90% |
| ROE | 29.79% |
| RoNW | 25.28% |
| EPS (Rs) | 5.91 |
Object of the Issue
- • Funding of Working Capital Requirements
- • General Corporate Purpose
- • To Meet the Issue Expenses
Contact Details for Wise Travel India
Phone
Office
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075
Registrar Details for Wise Travel India
Beetal Financial & Computer Services (P) Limited
Lead Manager
- • Share India Capital Services Pvt Limited