Issue Price
₹147
Per Share
GMP
NIL
Grey Market
Est. Listing
₹147
Expected Price
Min. Application
₹294,000
2 lots × 1000 shares
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.
Wise Travel India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 438,000 | — | ₹6.44 Cr | — |
| TOTAL | 6,441,000 | 100.00% | ₹94.68 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹147,000 |
| Retail (Max) | 13 | 13,000 | ₹1,911,000 |
| sNII (Min) | 14 | 14,000 | ₹2,058,000 |
| bNII (Min) | 68 | 68,000 | ₹9,996,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 19016.53 | 24997.04 | 8970.00 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1132.91 | 1029.36 | 377.74 |
| Net Worth | 5194.36 | 4061.45 | 2832.10 |
| Total Assets | 13427.82 | 12161.21 | 6002.64 |
| Reserves & Surplus | 3457.28 | 3745.62 | 2537.10 |
| Total Borrowings | 1627.55 | 1674.50 | 216.32 |