Wise Travel India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,976,000 (46%) | — | ₹4,375 Cr |
| NII (HNI) | — | 894,000 (14%) | — | ₹1,314 Cr |
| Retail | — | 2,084,000 (32%) | — | ₹3,063 Cr |
| Market Maker | — | 438,000 (7%) | — | ₹64 Cr |
| Σ Total | — | 6,441,000 (100%) | — | ₹94,683 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹147,000 |
| Retail (Max) | 13 | 13,000 | ₹1,911,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,058,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,849,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 19,017 | 24,997 | 8,970 |
| Profit After Tax | 1,133 | 1,029 | 378 |
| Net Worth | 5,194 | 4,061 | 2,832 |
| Total Assets | 13,428 | 12,161 | 6,003 |
| Reserves & Surplus | 3,457 | 3,746 | 2,537 |
| Total Borrowing | 1,628 | 1,675 | 216 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirement –
- General Corporate PurpPose –
- To Meet the Issue Expenses –
Company Overview
Incorporated in 2009, 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.