WTI Cabs IPO Details | GMP, Date, Price, Review

WTI Cabs IPO - Wise Travel India Limited IPO - Wise Travel India IPO - Wise Travel IPO - WTI IPO

WTI Cabs IPO Details ( Wise Travel India Limited IPO Review )

(12 Feb 2024 – 14 Feb 2024)

Established in 2009, Wise Travel India Limited is a transportation company specializing in car rentals and transportation services. Our services are available across 130 cities in India.

We provide a diverse range of services, including car rentals, employee transportation, comprehensive 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.

Wise Travel India offers a wide selection of rental cars, including executive cars, luxury cars, coaches, SUVs, and sedans.

Our services are accessible in key cities such as Delhi NCR, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata. Our esteemed clientele includes Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola, American Express, Renault, LinkedIn, Hitachi, Cheli, Sapient, Panasonic, and more.

As of October 31, 2023, Wise Travel India Limited has a dedicated team of 784 employees, including directors on its payroll.

WTI Cabs Limited IPO Competitive Strength

  • Leveraging the experience of our Promoter
  • Existing client relationship
  • Quality Assurance of our Services
  • Customer satisfaction and revenues from long standing customer relationships
  • Scalable Business Model

WTI Cabs IPO Financials Performance ( Results )

WTI Cabs Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of WTI Cabs IPO Issue

  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

Wise Travel IPO Basic Details

IPO DateFeb 12, 2024 to Feb 14, 2024
Listing DateMonday, February 19, 2024
Face Value₹10 per share
Price₹140 to ₹147 per share
Lot Size1000 Shares
Issue Size6,441,000 shares of ₹10
(aggregating up to ₹94.68 Cr)
Fresh Issue6,441,000 shares of ₹10
(aggregating up to ₹94.68 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue17,370,837
Share holding post issue23,811,837
Company PromotersMr. Ashok Vashist, Ms. Hema Bisht,
and Mr. Vivek Laroia

Wise Travel India IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue
Total Shares Offered100% of the Net Issue

Wise Travel IPO Timetable

Wise Travel IPO will open on February 12, 2024 and close on February 14, 2024. You can join Wise Travel IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date12 February 2024 (Monday)
Closing Date14 February 2024 (Wednesday)
Basis of Allotment15 February 2024 (Thursday)
Initiation of Refunds16 February 2024 (Friday)
Credit of Shares to Demat16 February 2024 (Friday)
Listing Date19 February 2024 (Monday)
Deadline for UPI mandate confirmation5 PM on 14 February 2024

Wise Travel India IPO Lot Size

For retail investors in Wise Travel India IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹147,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹147,000.

Retail (Min)11000₹147,000
Retail (Max)11000₹147,000
S-HNI (Min)22000₹294,000

Wise Travel India IPO Promoter Holding

The company’s promoters include Mr. Ashok Vashist, Ms. Hema Bisht, and Mr. Vivek Laroia.

Pre Issue Share Holding95.63%
Post Issue Share Holding69.76%

Wise Travel India Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)350.03
Earning Per Share (EPS)₹9.52 per Equity Share
Net Asset Value (NAV)₹23.39 per Equity Share
P/E Ratio (P/E) (x)24.81
Post P/E Ratio (P/E) (x)15.45
Return on Net Worth (RoNW) (%)25.28
Return on equity (ROE) (%)29.79
Return on Capital Employed (ROCE) (%)22.90
Debt/Equity Ratio0.65
Price/Book Value Ratio6.28

Wise Travel IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
10 February 2024₹135
9 February 2024₹135

Wise IPO Detail Video:

Wise Travel IPO Subscription Status (Bidding Detail)

The Wise Travel IPO on February 14, 2024 at 7:00:00 PM was subscribed 163.46 times, with the retail category being subscribed 108.76 times, the NII (Non-Institutional Investor) category being subscribed 375.56 times, QIB (Qualified-Institutional Buyers) category being subscribed 106.69 times.


WTI Cabs IPO Prospectus

WTI Cabs IPO DRHPDownload
WTI Cabs IPO RHPDownload
WTI Cabs IPO Anchor Investors Details PDFDownload

WTI Cabs IPO Rating

Our Rating4.0/5.0

WTI Cabs Company Contact Information

Wise Travel India Limited

Wise Travel India Limited - WTI Cabs

Registered & Corporate Office: D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka- 110075
Tel. No.: +91-11-45434542
Email: cs@wti.co.in
Website: www.wticabs.com
Contact Person: Ms. Shivani Rastogi, Company Secretary and Compliance Officer.
Our Promoters: Mr. Ashok Vashist; Ms. Hema Bisht and Mr. Vivek Laroia

WTI Cabs IPO Registrar

Beetal Financial & Computer Services (P) Limited

Registered Office: 3rd Floor, Beetal House, 99, behind Local Shopping Centre, Madangir Village, Madangir, New Delhi, Delhi 110062
Tel. No.: 011-2996 128 011-29961281-83/26051061/260510641
Email: beetal@beetalfinancial.com / beetalrta@gmail.com
Website: www.beetalfinancial.com
Contact Person: Mr. Punit Kumar Mittal
SEBI Registration No.: INR000000262

WTI Cabs IPO Lead Manager

Share India Capital Services Private Limited

Registered Office: A-15, Sector-64, Noida – 201301, Uttar Pradesh, India
Tel. No.: +91-0120-4910000
Email: anand.srivastava@shareindia.co.in
Website: www.shareindia.com
Investor Grievance Email: info@shareindia.com
Contact Person: Mr. Anand Srivastava
SEBI Registration No.: INM000012537


What is the lot size of WTI Cabs IPO?

The total size of WTI Cabs IPO is ₹94.68 crores and this is a complete fresh Issue.

When will WTI Cabs IPO start?

WTI Cabs IPO will open from 12 February 2024 and IPO will close on 14 February 2024.

What is the open date of WTI Cabs IPO?

WTI Cabs IPO will open date from 12 February 2024.

What is the last date ( close date ) of WTI Cabs IPO?

WTI Cabs IPO will close from 14 February 2024.

What is the price band of WTI Cabs IPO?

WTI Cabs IPO price band is ₹140 to ₹147. ( Upper Price Band: ₹147, Lower Price Band: ₹140 )

What is the minimum amount required to apply for WTI Cabs IPO?

The minimum investment for retailers to apply for WTI Cabs IPO is ₹147,000 and the maximum investment is ₹147,000.

What is going on gray market premium of WTI Cabs IPO?

View gray market premium of WTI Cabs IPO by Clicking Here

How much is the GMP of WTI Cabs IPO?

Watch WTI Cabs IPO GMP Today: Click Here

What is the allotment date of WTI Cabs IPO?

The allotment date of WTI Cabs IPO is 15 February 2024.

How to check allotment status in WTI Cabs IPO?

To check the allotment status of WTI Cabs IPO, first of all go to the registrar website by clicking here, select your bad WTI Cabs IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of WTI Cabs IPO?

The listing date of WTI Cabs IPO is 19 February 2024.

How much will be the listing gain in WTI Cabs IPO?

View listing gain of WTI Cabs IPO by Clicking Here

How much time WTI Cabs IPO is subscribed?

Total 163.46 times subscribed in WTI Cabs IPO out of which 108.76 times subscription was done in retail quota, 375.56 times subscription in NII quota and 106.69 times subscription in QIB quota.

How to apply for WTI Cabs IPO from Upstox?

Click Here to see how to apply for WTI Cabs IPO from Upstox. (step by step)

How to apply for WTI Cabs PO from Zerodha?

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How to apply for WTI Cabs IPO from Angle One?

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