Voler Car Ltd
Price Range
₹85 - ₹90
Min. Quantity
1,600
Closes on
14 February 2025
Min. investment
₹1,44,000/1,600 Shares
Voler Car Ltd IPO Timeline
Voler Car Limited was incorporated on June 24, 2010, under the name and style of Jamuna Travels Private Limited by the Registrar of Companies, West Bengal. Pursuant to a resolution, the Company name was changed to Voler Car Private Limited' dated April 20, 2015. The Company subsequently was converted into a Public Limited and the name was changed to Voler Car Limited' and a Fresh Certificate of Incorporation dated August 02, 2024, was issued by the Registrar of Companies Central Registration Processing Centre.
| Event | Date |
|---|---|
| Voler Car Ltd IPO Opening Date | 12 February 2025 |
| Voler Car Ltd IPO Closing Date | 14 February 2025 |
| Basis of Allotment | 17 February 2025 |
| Initiation of Refunds | 18 February 2025 |
| Credit of Shares to Demat | 18 February 2025 |
| Voler Car Ltd IPO Listing Date | 19 February 2025 |
Voler Car Ltd IPO Details
| Voler Car Ltd IPO Date | 12 February 2025 to 14 February 2025 |
| Voler Car Ltd IPO Face Value | ₹10 per share |
| Voler Car Ltd IPO Price | ₹85 to ₹90 per share |
| Voler Car Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹27 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹27 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 5,56,800 of the Net Offer |
| Retail Shares Offered | Not less than 9,77,600 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 4,19,200 of the Net Offer |
| Company Promoters | Vikas Parsrampuria, Pawan Parasrampuria, Shreya Parasrapuria |
Voler Car Ltd IPO Lot Size
The Voler Car Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,44,000 |
| Maximum | 1 | 1,600 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Long-standing customer relationships.
- Asset-light business model.
- Quality assurance of our service.
- Experienced Promoters supported by a management and execution team.
Company Financials
Voler Car Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 10.46 | 31.45 | 4.17 |
| 03-2023 | 11.15 | 26.63 | 2.02 |
| 03-2022 | 11.36 | 24.83 | 0.93 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
Voler Car Ltd IPO Promoter Holding
| Pre Issue Share Holding | 73.93% |
| Post Issue Share Holding | 54.03% |
Voler Car Ltd IPO Subscription Status (Bidding Detail)
The Voler Car Ltd IPO is subscribed 12.3811 times on 14 February 2025 05:00:00 PM. The public issue subscribed 13.9394 times in the retail category, 9.3448 times in the QIB category, and 19.0649 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 9.3448 | 19.0649 | 13.9394 | - | 12.3811 |
Voler Car Ltd IPO Prospectus
Voler Car Ltd IPO Listing Date
| Listing Date | 19 February 2025 |
| BSE Script | 94026 |
| NSE Symbol | VOLERCAR |
| Listing In | NSE - SME |
| ISIN | INE241X01014 |
| IPO Price | ₹90 |
| Face Value | ₹10 |
Company Contact Information
#.22 Burtolla Street4th Floor,Kolkata-700007
Phone: +91 91473 59888
Email: compliance@volercars.com
Website: https://volercars.com/
Voler Car Ltd IPO Registrar
Voler Car Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Voler Car Ltd IPO?
I have pre-applied for Voler Car Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.