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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹2.01 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹2.01 Cr |
| Fresh Issue | ₹1.89 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹171.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543436 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Fedex Securities Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
 ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
 ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
Incorporated in 2014, Wherrelz IT solutions and its subsidiary Infinitybeam IOT Labs Private Limited is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Cyber Security, Internet of Things (IoT), cloud-based tools, etc through standard software development model or customized software development model depending upon the requirement of the clients.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 1.14 |
| 2 | General Corporate Purpose | 0.45 |
| Period Ended | 30 Jun 2024 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 0.22 | 0.12 | 0.11 | 0.08 |
| Total Income | 0.07 | 0.20 | 0.22 | 0.20 |
| Profit After Tax | -0.15 | 0.01 | 0.03 | 0.01 |
| EBITDA | -0.16 | 0.03 | 0.05 | 0.02 |
| NET Worth | 0.19 | 0.11 | 0.10 | 0.07 |
| Reserves and Surplus | -0.13 | 0.06 | 0.05 | 0.06 |
| Total Borrowing | 0.01 | 0.01 | 0.01 | 0.00 |
| Amount in ₹ Crore | ||||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 0.30 |
| 2 | Brokerage, selling commission and upload fees | 0.00 |
| 3 | Registrars to the issue | 0.01 |
| 4 | Legal Advisors | 0.00 |
| 5 | Advertising and marketing expenses | 0.02 |
| 6 | Regulators including stock exchanges | 0.03 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others, if any (to be specified) | 0.06 |
Last Updated on 13-May-2026 10:31:36
