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Open
12 Feb 2025
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Close
14 Feb 2025
3
Allotment
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Listing
Wed, Feb 19, 2025
Price Band
₹85 to ₹90
Issue Size
30,00,000 shares (agg. up to ₹27 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Feb 19, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.24x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 18.33 | 10.99 | 11.90 | 12.13 |
| Total Income | 21.58 | 31.45 | 26.63 | 24.83 |
| Profit After Tax | 2.49 | 3.56 | 1.99 | 0.79 |
| NET Worth | 10.93 | 3.21 | -0.35 | -2.34 |
| Reserves and Surplus | 2.78 | 3.06 | -0.50 | -2.49 |
| Total Borrowing | 0.39 | 1.19 | 3.80 | 5.55 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Wise Travel India Ltd. | SME | ₹94.68 Cr | ₹147 | 24.81 | ₹204.75 | +39.29% | ₹130.65 (-0.27%) |
| ECOS (India) Mobility & Hospitality Ltd. | Mainboard | ₹601.20 Cr | ₹334 | 32.05 | ₹443.15 | +32.68% | ₹132.74 (-1.41%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 20.38 |
| 2 | General Corporate Purposes | 3.65 |
| 3 | Issue Expenses | 2.96 |
| Total | 26.99 |
About Voler Car IPO
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 relation
Contact Details
Voler Car Ltd. Address22 Burtolla Street4th FloorKolkata, West Bengal, 700007+91 9147359888compliance@volercars.comVisit Website