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Wise Travel India Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Feb 12 to Feb 14, 2024
Price Band ₹140-147
Current GMP ₹195 (32.65%)
Subscription 163.46 times

IPO Details

IPO Date
February 12, 2024 to February 14, 2024
Listing Date
Monday, February 19, 2024
Face Value
₹10 per share
Price Band
₹140 to ₹147 per share
Lot Size
1000 Shares
Total Issue Size
6,441,000 shares (aggregating up to ₹94.68 Cr)
Fresh Issue
6,441,000 shares (aggregating up to ₹94.68 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
17,370,837
Share holding post issue
23,811,837
Market Maker portion
438,000 shares Share India Securities

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
106.69
Non-Institutional Buyers*
375.56
Retail Investors
108.76
Total **
163.46

Day Wise Sub

DayDay 1 Feb 12, 2024
QIB0.02
NII*3.60
Retail7.26
Total4.35
DayDay 2 Feb 13, 2024
QIB7.05
NII*17.69
Retail18.77
Total15.01
DayDay 3 Feb 14, 2024
QIB106.69
NII*375.56
Retail108.76
Total163.46

Day Wise GMP

Date19-02-2024
Price147.00
GMP71 (48.3%)
Estimate List Price218
Date18-02-2024
Price147.00
GMP71 (48.3%)
Estimate List Price218
Date17-02-2024
Price147.00
GMP68 (46.26%)
Estimate List Price215
Date16-02-2024
Price147.00
GMP64 (43.54%)
Estimate List Price211
Date15-02-2024
Price147.00
GMP50 (34.01%)
Estimate List Price197
Date14-02-2024
Price147.00
GMP45 (30.61%)
Estimate List Price192
Date13-02-2024
Price147.00
GMP76 (51.7%)
Estimate List Price223
Date12-02-2024
Price147.00
GMP80 (54.42%)
Estimate List Price227
Date11-02-2024
Price147.00
GMP105 (71.43%)
Estimate List Price252
Date10-02-2024
Price147.00
GMP135 (91.84%)
Estimate List Price282
Date09-02-2024
Price147.00
GMP135 (91.84%)
Estimate List Price282
Date08-02-2024
Price147.00
GMP135 (91.84%)
Estimate List Price282
Date07-02-2024
Price147.00
GMP135 (91.84%)
Estimate List Price282
Date06-02-2024
Price147.00
GMP115 (78.23%)
Estimate List Price262
Date05-02-2024
Price147.00
GMP80 (54.42%)
Estimate List Price227
Date04-02-2024
Price147.00
GMP90 (61.22%)
Estimate List Price237
Date03-02-2024
Price147.00
GMP90 (61.22%)
Estimate List Price237
Date02-02-2024
Price147.00
GMP90 (61.22%)
Estimate List Price237
Date01-02-2024
PriceNA
GMP51 (%)
Estimate List Price51
Date31-01-2024
PriceNA
GMP51 (%)
Estimate List Price51

IPO Important Dates

IPO Open Date
Monday, February 12, 2024
IPO Close Date
Wednesday, February 14, 2024
Basis of Allotment
Thursday, February 15, 2024
Initiation of Refunds
Friday, February 16, 2024
Credit of Shares to Demat
Friday, February 16, 2024
Listing Date
Monday, February 19, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 14, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1000
Amount₹147,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹147,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹294,000

Financial Information

Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 202313,427.82
31 Mar 202312,161.21
31 Mar 20226,002.64
Period EndedRevenue
30 Sep 202319,016.53
31 Mar 202324,997.04
31 Mar 20228,970.00
Period EndedProfit After Tax
30 Sep 20231,132.91
31 Mar 20231,029.36
31 Mar 2022377.74
Period EndedNet Worth
30 Sep 20235,194.36
31 Mar 20234,061.45
31 Mar 20222,832.10
Period EndedReserves and Surplus
30 Sep 20233,457.28
31 Mar 20233,745.62
31 Mar 20222,537.10
Period EndedTotal Borrowing
30 Sep 20231,627.55
31 Mar 20231,674.50
31 Mar 2022216.32

Key Performance Indicator

ROE
29.79%
ROCE
22.90%
Debt/Equity
0.65
RoNW
25.28%
P/BV
6.28
EPS (Rs)
5.91

IPO Reservation

Anchor Investor Shares Offered
1,785,000 (27.71%)
Market Maker Shares Offered
438,000 (6.80%)
QIB Shares Offered
1,191,000 (18.49%)
NII (HNI) Shares Offered
894,000 (13.88%)
Retail Shares Offered
2,084,000 (32.36%)
Total Shares Offered
6,441,000 (100%)

Information about company

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.

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