Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Wise Travel India Limited IPO is going to open soon. So I will give you complete information about Wise Travel India Limited IPO here on IPO India.
On this article I will inform you about Wise Travel India Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Wise Travel India Limited
Established in 2009, Wise Travel India Limited operates as a transportation company specializing in car rental and transportation services. With a wide reach, the company offers its services in 130 cities across India.
Wise Travel India offers a variety of services, including car rental, employee transportation, comprehensive employee transportation solutions (MSP), flexible fixed/monthly rental plans, airport counters, fleet management, mobility for MICE (Meetings, Incentives, Conferences, Exhibitions). Services included. ), advanced mobility tech solutions, sustainable mobility options, project mobility solutions, strategic consulting and advisory services on mobility and community travel initiatives.
The fleet of rental cars offered by WTI includes executive cars, luxury cars, coaches, SUVs and sedans.
The company extends its services to major cities like Delhi NCR, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur and Kolkata. Notable clients of Wise Travel India include Nokia, Indigrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, Coca-Cola, American Express, Renault, LinkedIn, Hitachi, Chely, Sapient, Panasonic, etc.
As of October 31, 2023, the company has a workforce of 784 employees, including directors on its payroll.
Wise Travel India Limited IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Wise Travel India Limited IPO
Here is some information about Wise Travel India Limited IPO which will help you in making a decision to invest in Wise Travel India Limited IPO. It appears to be a book-built offer with a total value of ₹[_] crore, including 64.41 Lakhs share offer for sale in full.
Summary of the key details
- Issue Size: Rs [_] crores
- Offer for Sale: 64.41 Lakhs shares
- Subscription Period: TBA
- Allotment Date: TBA
- Listing Date: TBA
Price Range of Wise Travel India Limited IPO
- ₹[_] to ₹[_] per share
Lot Size of Wise Travel India Limited IPO
- Minimum Lot: [_] Shares.
- Minimum Investment for Retail Investors: ₹[_]
Minimum Lot Size Investments for Wise Travel India Limited IPO
- HNI: [_] lots ([_] shares), amounting to ₹[_].
This information provides potential investors with the details they need to participate in the Wise Travel India Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
Wise Travel India Limited IPO
| Open Date | Yet to be announced |
| Close Date | Yet to be announced |
| Allotment Date | Yet to be announced |
| Listing Date | Yet to be announced |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹[_]-[_] Per Equity Share |
| Issue Size | 6,441,000 shares (Aggregating up to ₹[_] Cr) |
| Market Lot (Min. Amount) | Retail: [_] Shares (₹[_]/-) S-HNI: [_] Shares (₹[_]/-) B-HNI: [_] Shares (₹[_]/-) |
| Listing at Group(s) | BSE SME |
| Lead Manager | |
| Register | |
| Retail Portion | -% |
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Valuations of Wise Travel India Limited IPO
| Earnings Per Share (EPS Pre IPO) | ₹-/- |
| Earnings Per Share (EPS Post IPO) | ₹-/- |
| P/E Ratio Pre IPO | N/A |
| P/E Ratio Post IPO | N/A |
| RoNW | N/A% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Wise Travel India Limited Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 13,427.82 | 19,016.53 | 1,132.91 | 5,194.36 | 3,457.28 | 1,627.55 |
| 31 Mar 2023 | 12,161.21 | 24,997.04 | 1,029.36 | 4,061.45 | 3,745.62 | 1,674.50 |
| 31 Mar 2022 | 6,002.64 | 8,970.00 | 377.74 | 2,832.10 | 2,537.10 | 216.31 |
| 31 Mar 2021 | 5,271.17 | 4,405.51 | 172.85 | 2,454.36 | 2,159.36 | 56.59 |
Promoter(s)
| Pre Issue Share Holding | 95.63% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Mr. Ashok Vashist
- Ms. Hema Bisht
- Mr. Vivek Laroia
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 29.79% |
| ROCE | 22.90% |
| Debt/ Equity | 0.65 |
| RoNW | 25.28% |
Issue Objective(s)
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Wise Travel India Limited IPO Registrar
| Name | Beetal Financial & Computer Services (P) Limited |
| Phone | +91 11 29961281 |
| beetal@beetalfinancial.com | |
| Website | http://www.beetalfinancial.com |
Wise Travel India Limited IPO Review
Update Soon
Conclusion
In conclusion, Vice Travel India Limited IPO emerges as a promising investment opportunity in the transportation sector. Founded in 2009, the company has built a solid reputation for providing a range of transportation services across 130 cities in India, catering to a diverse clientele that includes major corporations such as Nokia, Amazon and Microsoft.
While the information provided outlines key aspects of the IPO, including an issue size of ₹[_] crore, an offer for sale of 64.41 lakh shares and a price range of ₹[_] to ₹[_] per share, specific details. , such as the subscription period and specific financial metrics, are yet to be disclosed. It is important for potential investors to stay informed as these details will be updated soon. Additionally, investors are advised to exercise due diligence considering factors such as the company’s financial indicators such as a strong return on equity (ROE) of 29.79% and a debt/equity ratio of 0.65.
Investors are encouraged to monitor developments closely as more information becomes available, including Wise Travel India Limited IPO dates and allotment details. Thorough research or professional advice is recommended before making any investment decisions, ensuring a well-informed approach to take advantage of this potentially lucrative opportunity. Happy investing!
Wise Travel India Limited IPO FAQs
When Wise Travel India Limited IPO is coming?
The WTI Cabs IPO dates are not announced. Please check back again after some time.
What is the lot size of Wise Travel India Limited IPO?
WTI Cabs IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When Wise Travel India Limited IPO Allotment?
The finalization of Basis of Allotment for WTI Cabs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
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