Voler Car IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 12 to Feb 14 2025
Price Band
₹90
Current GMP
₹90 (0.0%)
Subscription
13.62 times
IPO Details
| IPO Date | February 12, 2025 to February 14, 2025 |
| Listing Date | February 19, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹27.00 Cr) |
| Fresh Issue | 30,00,000 shares (aggregating up to ₹27.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 81,43,527 shares |
| Share Holding Post Issue | 1,11,43,527 shares |
| Market Maker Portion | 2,12,800 sharesWiinance Financial Services Private Limited |
IPO Date
February 12, 2025 to February 14, 2025
Listing Date
February 19, 2025
Face Value
₹10 per share
Issue Price
₹90 per share
Lot Size
1,600 Shares
Total Issue Size
30,00,000 shares (aggregating up to ₹27.00 Cr)
Fresh Issue
30,00,000 shares (aggregating up to ₹27.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share Holding Pre Issue
81,43,527 shares
Share Holding Post Issue
1,11,43,527 shares
Market Maker Portion
2,12,800 sharesWiinance Financial Services Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 9.34 |
| Non-Institutional Buyers*** | 18.56 |
| Retail Investors | 13.94 |
| Total ** | 13.62 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
9.34
Non-Institutional Buyers***
18.56
Retail Investors
13.94
Total **
13.62
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Feb 12, 2025 | 0 | 0.97 | 1.38 | 0.9 |
| Day 2 Feb 13, 2025 | 3.51 | 0.89 | 4.34 | 3.36 |
| Day 3 Feb 14, 2025 | 9.34 | 18.56 | 13.94 | 13.62 |
DayDay 1
Feb 12, 2025
QIB0
NII*0.97
Retail1.38
Total0.9
DayDay 2
Feb 13, 2025
QIB3.51
NII*0.89
Retail4.34
Total3.36
DayDay 3
Feb 14, 2025
QIB9.34
NII*18.56
Retail13.94
Total13.62
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 19-02-2025 | 90.00 | 5(5.56%) | 95 |
| 18-02-2025 | 90.00 | 5(5.56%) | 95 |
| 17-02-2025 | 90.00 | 5(5.56%) | 95 |
| 16-02-2025 | 90.00 | 5(5.56%) | 95 |
| 15-02-2025 | 90.00 | 5(5.56%) | 95 |
| 14-02-2025 | 90.00 | 5(5.56%) | 95 |
| 13-02-2025 | 90.00 | 9(10.00%) | 99 |
| 12-02-2025 | 90.00 | 11(12.22%) | 101 |
| 11-02-2025 | 90.00 | 11(12.22%) | 101 |
| 10-02-2025 | 90.00 | 11(12.22%) | 101 |
| 09-02-2025 | 90.00 | 11(12.22%) | 101 |
| 08-02-2025 | 90.00 | 11(12.22%) | 101 |
| 07-02-2025 | 90.00 | 11(12.22%) | 101 |
| 06-02-2025 | 90.00 | 11(12.22%) | 101 |
Date19-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date18-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date17-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date16-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date15-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date14-02-2025
Price90.00
GMP5(5.56%)
Estimate List Price95
Date13-02-2025
Price90.00
GMP9(10.00%)
Estimate List Price99
Date12-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date11-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date10-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date09-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date08-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date07-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
Date06-02-2025
Price90.00
GMP11(12.22%)
Estimate List Price101
IPO Important Dates
| IPO Open Date | Wed, Feb 12, 2025 |
| IPO Close Date | Fri, Feb 14, 2025 |
| Tentative Allotment | Mon, Feb 17, 2025 |
| Initiation of Refunds | Tue, Feb 18, 2025 |
| Credit of Shares to Demat | Tue, Feb 18, 2025 |
| Tentative Listing Date | Wed, Feb 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 14, 2025 |
IPO Open Date
Wed, Feb 12, 2025
IPO Close Date
Fri, Feb 14, 2025
Tentative Allotment
Mon, Feb 17, 2025
Initiation of Refunds
Tue, Feb 18, 2025
Credit of Shares to Demat
Tue, Feb 18, 2025
Tentative Listing Date
Wed, Feb 19, 2025
Cut-off time for UPI mandate confirmation
5 PM on February 14, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| HNI (Min) | 2 | 3,200 | ₹2,88,000 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹1,44,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹1,44,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹2,88,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.33 | 10.99 | 11.9 |
| Revenue | 21.58 | 31.45 | 26.63 |
| Profit After Tax | 2.49 | 3.56 | 1.99 |
| Net Worth | 10.93 | 3.21 | -0.35 |
| Reserves and Surplus | 2.78 | 3.06 | -0.5 |
| Total Borrowing | 0.39 | 1.19 | 3.8 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 202418.33
31 Mar 202410.99
31 Mar 202311.9
Period EndedRevenue
30 Sep 202421.58
31 Mar 202431.45
31 Mar 202326.63
Period EndedProfit After Tax
30 Sep 20242.49
31 Mar 20243.56
31 Mar 20231.99
Period EndedNet Worth
30 Sep 202410.93
31 Mar 20243.21
31 Mar 2023-0.35
Period EndedReserves and Surplus
30 Sep 20242.78
31 Mar 20243.06
31 Mar 2023-0.5
Period EndedTotal Borrowing
30 Sep 20240.39
31 Mar 20241.19
31 Mar 20233.8
IPO Reservation
| Anchor Investor Shares Offered | 8,33,600 (27.79%) |
| Market Maker Shares Offered | 2,12,800 (7.09%) |
| QIB Shares Offered | 5,56,800 (18.56%) |
| NII (HNI) Shares Offered | 4,19,200 (13.97%) |
| Retail Shares Offered | 9,77,600 (32.59%) |
| Total Shares Offered | 30,00,000 (100%) |
Anchor Investor Shares Offered
8,33,600 (27.79%)
Market Maker Shares Offered
2,12,800 (7.09%)
QIB Shares Offered
5,56,800 (18.56%)
NII (HNI) Shares Offered
4,19,200 (13.97%)
Retail Shares Offered
9,77,600 (32.59%)
Total Shares Offered
30,00,000 (100%)
Information about company
Incorporated in 2010, Voler Cars Limited provides reliable and efficient employee transportation services (ETS) to large MNCs and corporate clients.
The company offers comprehensive home-to-office transportation with 24/7 customer service, dedicated teams, and over 2,500 vehicles, including cars, SUVs, electric vehicles, buses, and tempo travellers.
In FY 2023-24, the company completed approximately 3,23,550 trips, averaging over 884 visits daily.
The company operates in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, offering corporate transportation with vendor-sourced and leased vehicles, ensuring timely pick-ups and drop-offs per service level agreements (SLA).
The company integrates GPS tracking with third-party technology to manage corporate travel, handling reservations, tracking, incident response, and client SLAs through a unified system.
The company offers Employee Transportation Services (ETS) in Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, and Ahmedabad, ensuring reliable home-to-office transportation with 24/7 operations for corporate clients.
As of December 31, 2024, the company has 774 Employees.
Competitive Strengths:
Long-standing customer relationships
An established brand built over the years through operational excellence
Asset-light business model
Experienced Promoters supported by a management and execution team
Scalable business model
Quality assurance of their service.
Objectives of IPO
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Funding working capital requirements of the Company
General Corporate Purposes.
IPO Issue expenses
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App