The WTI Cabs IPO commenced on February 12, 2024, and concluded on February 14, 2024. The allotment of shares took place on February 15, 2024, and the initiation of refunds began on February 16, 2024. The shares were credited to the demat accounts of investors on February 16, 2024. Finally, the listing of WTI Cabs on the stock exchange occurred on February 19, 2024.
The WTI Cabs IPO was priced at ₹140 to ₹147 per share, with a lot size of 1000 shares. The total issue size was ₹94.68 crores, comprising a fresh issue of ₹94.68 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
WTI IPO Basic Details
| Company Name | WTI Cabs Limited |
| Domain of Company | Transport Service Provider |
| WTI Cabs IPO GMP Today | ₹135 |
| WTI Cabs IPO Listing Gain | 91.84% |
| WTI Cabs IPO Open Date | February 12, 2024 |
| WTI Cabs IPO Close Date | February 14, 2024 |
| WTI Cabs IPO Allotment Date | February 15, 2024 |
| WTI Cabs IPO Listing Date | February 19, 2024 |
| Face Value | ₹10 per share |
| Price | ₹140 to ₹147 per share |
| Lot Size | 1000 Shares |
| Issue Size | 6,441,000 shares of ₹10 (aggregating up to ₹94.68 Cr) |
| Fresh Issue | 6,441,000 shares of ₹10 (aggregating up to ₹94.68 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Ashok Vashist, Ms. Hema Bisht, and Mr. Vivek Laroia |
WTI Cabs IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹135 | 91.84% | – | – |
| 11 February 2024 | ₹135 | 91.84% | – | – |
Wise Travel IPO Details:
Established in 2009, Wise Travel India Limited is a transportation company specializing in car rentals and transportation services, serving across 130 cities in India.
Our offerings encompass a diverse range of services, such as 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.
WTI provides a variety of rental cars, including executive cars, luxury cars, coaches, SUVs, and sedans.
Our services are available in cities like Delhi NCR, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata. We proudly serve a diverse client base, including prominent names like Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola, American Express, Renault, LinkedIn, Hitachi, Cheli, Sapient, Panasonic, and many more.
As of October 31, 2023, Wise Travel India Limited has a dedicated team of 784 employees, including directors, committed to providing top-notch transportation solutions.
WTI Cabs IPO More Details Click Here
WTI Cabs IPO FAQs
When is WTI Cabs IPO open?
WTI Cabs IPO will open on 12 February 2024.
When is WTI Cabs IPO Close?
WTI Cabs IPO will be closed on 14 February 2024.
What is WTI Cabs IPO GMP Today?
The WTI Cabs IPO GMP aka Grey Market Premium is ₹135.
What is WTI Cabs IPO Kostak Rates Today?
The WTI Cabs IPO Kostak Rate is ₹000.
What is WTI Cabs IPO Subject to Sauda Price Today?
The WTI Cabs IPO subject to sauda rates is ₹000.
WTI Cabs IPO Expected Returns?
The WTI Cabs expected return is 91.84%.
How much will be the listing gain in WTI Cabs IPO?
WTI Cabs IPO will get listing gain of 91.84%. (Approx.)
