Wise Travel India Ltd. IPO

Q: What is the size of Wise Travel India Ltd. IPO?

The size of the Wise Travel India Ltd. IPO is &#8377;94.68 Cr.

Q: What is the price range of Wise Travel India Ltd. IPO?

The price range of Wise Travel India Ltd. IPO is at &#8377;140 to &#8377;147 per share.

Q: What is the minimum investment and lot size required for the Wise Travel India Ltd. IPO?

The minimum investment required is &#8377;1,47,000 and minimum lot size is 1000 shares.

Q: What is the objective of Wise Travel India Ltd. IPO?

1. To Meet Working Capital Requirement{BREAK}2. General Corporate Expenses{BREAK}3. To Meet the Issue Expenses

Wise Travel India Ltd., established in 2009, operates in the Travel Agen. / Tourism Deve. / Amusement Park sector. The company's IPO opened on February 12, 2024 and closed on February 14, 2024, with ... Read more

Min Investment

₹ 1,47,000 / 1000 shares

Price Range

₹140 - ₹ 147

Bidding Dates

12 Feb '24 - 14 Feb '24

Total Issue Value

94.68 Cr

Lot Size

1,000

Total Issue Size

94.68 Cr

Listing At

NSE SME

Subscription

146.41 times

NSE Price

164.95 (12.21%)

IPO Timeline

12 Feb 2024

Bidding Starts
14 Feb 2024

Bidding Ends
15 Feb 2024

Allotment Finalization
19 Feb 2024

Listing

About Wise Travel India Ltd.

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 ... Read more

Parent organisation

Founded

Wise Travel India Ltd.

2009

Wise Travel India Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	18,00,900 (27.96%)
Market Makers	4,38,000 (6.8%)
Non Institutional Investors	9,00,450 (13.98%)
Qualified Institutional Buyers (QIBs)	12,00,600 (18.64%)
Retail Individual Investors (RIIs)	21,01,050 (32.62%)

Wise Travel India Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	413.53 Cr	24.18 Cr	125.77 Cr
31 Mar 2023	249.97 Cr	10.29 Cr	37.46 Cr
31 Mar 2022	89.70 Cr	3.78 Cr	25.37 Cr

Wise Travel India Ltd. Background

Major Events And Milestones

2009

Incorporation of the Company in the name and style of “Wise Travel India Private Limited”-
2010

WTI managed the entire Personal Ground Transportation Movement of XIX Commonwealth Games,2010 in New Delhi
2012

Expanded operations to 7 Major Metros, acquired India Fleet, a group Co of Tran lease India Pvt. Ltd
Expanded the car rental fleet size to 2500+ cabs. Acquired Wyn Cabs & Smart ride- A coach rental Co.
2015

Initiated, managed services in employees transportation
Awarded the world’s greatest leaders 2015in Ground Transport Category Asia & GCC Dubai
Fleet Partner for World’s greatest leader 2017 Research by United Research Services in Singapore
2018

The period from 2018-20 was earmarked by the Company’s pledge to sustainability. Electric Vehicles becomes a significant part of the fleet, mirroring global aspirations for greener transportation
2021

WTI Cabs ventured into tier 2,3 and 4 cities
Recognizing the global potential of its services, 2022 saw the brand preparing to go international
2023

WTI cabs will mark its international debut. Imitating operations in Dubai
Establishment of 17 airport counters
WTI introduced a Management Trainee Program, sculpting the next generation of transportation leaders

Wise Travel India Ltd. Object of Issues

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. To Meet the Issue Expenses

Wise Travel India Ltd. IPO Listing Details

Listing Date

19 Feb 2024

NSE Symbol

WTICAB

ISIN

INE623Y01011

Final Issue Price

₹ 147

Wise Travel India Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 147.00
Open	-	₹ 195.00
Low	-	₹ 195.00
High	-	₹ 204.75
Last Trade	-	₹ 204.75

Wise Travel India Ltd. Company Promoters

1. Mr. Ashok Vashist
2. Ms. Hema Bisht
3. Mr. Vivek Laroia

Industry Overview

Globally, the Car rental market accounted for USD 119.28 billion in 2021, and it is expected to reach USD 223.07 billion by 2027, projecting a CAGR of more than 11% during the forecast period (2022 - 2027). The Indian car rental industry has rebounded from setbacks caused by the pandemic and is ... Read more

Wise Travel India Ltd. Contact Details

Address: D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, New Delhi Delhi - 110075
Phone no:45434542

Email: [email protected]

45434542

Visit Website

Wise Travel India Ltd. IPO Registrar

BEETAL FINANCIAL & COMPUTER SERVICES (P) LTD

Beetal House, 3rd Floor 99, Madangir, Behind Local Shopping Centre, Near Dada Harsukhdas Mandir New Delhi Delhi - 110062

29961281

Wise Travel India Ltd. IPO Lead Manager(s)

Share India Capital Services Pvt. Ltd.

A-15, Sector-64, Noida Uttar Pradesh - 201301

4910000

FAQs

When does Wise Travel India Ltd. IPO opens and closes?

Wise Travel India Ltd. IPO opens from 12th February to 14th February 2024.

What is the size of Wise Travel India Ltd. IPO?

The size of the Wise Travel India Ltd. IPO is ₹94.68 Cr.

What is the price range of Wise Travel India Ltd. IPO?

The price range of Wise Travel India Ltd. IPO is at ₹140 to ₹147 per share.

What is the minimum investment and lot size required for the Wise Travel India Ltd. IPO?

The minimum investment required is ₹1,47,000 and minimum lot size is 1000 shares.

When is Wise Travel India Ltd. IPO listing date?

The Wise Travel India Ltd. IPO will be listed on 19th February 2024.

What is the objective of Wise Travel India Ltd. IPO?

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. To Meet the Issue Expenses

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