Wise Travel India Ltd
Price Range
₹140 - ₹147
Min. Quantity
1,000
Closes on
14 February 2024
Min. investment
₹1,47,000/1,000 Shares
Wise Travel India Ltd IPO Timeline
Wise Travel India Limited (WTI) was originally incorporated on April 22, 2009 as 'Wise Travel India Private Limited' with the Registrar of Companies, NCT of Delhi & Haryana. Subsequently, Company was converted into Public Limited Company and name of company was changed to 'Wise Travel India Limited' vide fresh Certificate of Incorporation dated September 26, 2023 issued by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Wise Travel India Ltd IPO Opening Date | 12 February 2024 |
| Wise Travel India Ltd IPO Closing Date | 14 February 2024 |
| Basis of Allotment | 15 February 2024 |
| Initiation of Refunds | 16 February 2024 |
| Credit of Shares to Demat | 16 February 2024 |
| Wise Travel India Ltd IPO Listing Date | 19 February 2024 |
Wise Travel India Ltd IPO Details
| Wise Travel India Ltd IPO Date | 12 February 2024 to 14 February 2024 |
| Wise Travel India Ltd IPO Face Value | ₹10 per share |
| Wise Travel India Ltd IPO Price | ₹140 to ₹147 per share |
| Wise Travel India Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹94.68 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹94.68 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ashok Vashist, Hema Bisht, Vivek Laroia |
Wise Travel India Ltd IPO Lot Size
The Wise Travel India Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,47,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,47,000 |
| Maximum | 1 | 1,000 | ₹1,47,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Quality Assurance of its Services.
- Established relationship with existing client.
- Scalable Business Model.
Company Financials
Wise Travel India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 242.02 | 413.53 | 24.18 |
| 03-2023 | 117.99 | 249.95 | 10.30 |
| 03-2022 | 60.03 | 89.7 | 3.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirement
- General corporate purposes
Wise Travel India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 53.03% |
| Post Issue Share Holding | 38.68% |
Wise Travel India Ltd IPO Subscription Status (Bidding Detail)
The Wise Travel India Ltd IPO is subscribed 107.3135 times on 14 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 107.3135 |
Wise Travel India Ltd IPO Prospectus
Wise Travel India Ltd IPO Listing Date
| Listing Date | 19 February 2024 |
| BSE Script | 92591 |
| NSE Symbol | WTICAB |
| Listing In | NSE - SME |
| ISIN | INE623Y01011 |
| IPO Price | ₹147 |
| Face Value | ₹10 |
Company Contact Information
D-21 Corporate Park 3rd FloorN.Sector 8 Metro Stn Sector 21,Dwarka-110075
Phone: +91 11 4543 4542
Email: cs@wti.co.in
Website: www.wticabs.com
Wise Travel India Ltd IPO Registrar
Wise Travel India Ltd IPO Lead Manager(s)
- Share India Capital Services Pvt Ltd
FAQ
What is the issue size of Wise Travel India Ltd IPO?
I have pre-applied for Wise Travel India 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.