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Open
12 Feb 2024
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Close
14 Feb 2024
3
Allotment
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Listing
Mon, Feb 19, 2024
Price Band
₹140 to ₹147
Issue Size
64,41,000 shares (agg. up to ₹95 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Feb 19, 2024
Latest GMP
₹71
Est. Gain
48.3%
✦ AI Insight
GMP Trend
19-02-2024₹71Est. ₹218+48.3%
18-02-2024₹71Est. ₹218+48.3%
17-02-2024₹68Est. ₹215+46.26%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 113.78x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shree OSFM E-Mobility Ltd. | SME | ₹24.60 Cr | ₹65 | 22.08 | ₹68.25 | +5.00% | ₹56.00 (-3.45%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 73.00 |
| 2 | General Corporate Expenses | 8.00 |
| 3 | To Meet the Issue Expenses | 13.68 |
About Wise Travel IPO
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.+ Read More
Contact Details
Wise Travel India Ltd. AddressD-21, Corporate Park3rd Floor, Near Sector-8 MetroStation, Sector-21, DwarkaDelhi, New Delhi, 110075+91-11-45434542cs@wti.co.inVisit Website