| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹94.68 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹94.68 Cr |
| Fresh Issue | ₹88.24 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน140.00-147.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| NSE Code | WTICAB |
| Registrar | Beetal Financial & Computer... |
| Lead Managers | Share India Capital Services... |
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: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 73.00 |
| 2 | General Corporate Expenses | 8.00 |
| 3 | To Meet the Issue Expenses | 13.68 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 134.28 | 121.61 | 60.03 | 52.71 |
| Total Income | 190.17 | 249.97 | 89.70 | 44.06 |
| Profit After Tax | 11.33 | 10.29 | 3.78 | 1.73 |
| NET Worth | 51.94 | 40.61 | 28.32 | 24.54 |
| Reserves and Surplus | 34.57 | 37.46 | 25.37 | 21.59 |
| Total Borrowing | 16.28 | 16.75 | 2.16 | 0.57 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 29.79% |
| ROCE | 22.90% |
| Debt / Equity | 0.65% |
| RoNW | 25.28% |
| PAT Margin | 4.11% |
| Price to Book Value | 6.28 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.91 | 9.52 |
| P/E (x) | 24.81 | 15.45 |
| Promoter Holding | 95.63% | 69.76% |
| Market Cap | โน350.03 Cr. | |