Voler Car IPO GMP : Voler Car IPO GMP is Open on 11 February 2025 and Close on 14 February 2025. Voler Car IPO to Raise 30,00,000 shares (Approx ₹[.] Cr) via IPO. The Fresh issue of 60,78,000 shares (Approx ₹[.] Cr) and The Offer For Sale is 5,00,000 shares (Approx ₹[.] Cr).
OUR BUSINESS
Our Company was incorporated on June 24, 2010 under the name and style of ‘Jamuna Travels Private Limited We are primarily engaged in providing employee transportation Services (ETS) to IT/ITeS, Large Corporates and MNCs clients with presence across various major cities in India.
Our ETS solutions cover comprehensive hometo-office-to-home transportation, supported by 24/7 customer service, dedicated location teams, and a fleet of verified vehicles and chauffeur-drivers.
We manage a pooled fleet of over 2,000 vehicles, including small cars, sedans, SUVs, electric vehicles, buses, and tempo travellers. In F.Y. 2023-24, we have completed approximately about 3,23,550 trips averaging at more than 884 trips in a day.
We operate largely on an asset-light model where the majority of our vehicles are sourced from vendors rather than owned.
This strategy allows us to maximize revenue by optimizing seat usage and enhancing overall employee mobility.
As on date we operate in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad with a fleet that includes both vendor-sourced and company leased vehicles.
Our service offers a complete solution for corporate transportation needs, adhering to service level agreements (SLAs) to guarantee timely pick-ups and drop-offs.
We make it a priority not to drop off women passengers last, and if such a situation arises, we ensure that an escort is provided for their safety.
We have integrated GPS tracking system into our services.
Our operation team handles reservations, operations, car tracking, incident response, and manage the client SLAs.
The integration of our thirdparty technology with our GPS tracking system allows us to easily manage our client’s corporate travel requirements from a single integrated system.
OUR SERVICE
We operate our Employee Transportation services to IT/ITeS, large corporates and MNCs. Over a decade of our business operations, we have identified the evolving requirements of our clients and customized our services to meet their requirements.
Employee Transportation Services
We offer Employee Transportation Services (ETS) to manage our clients’ ground transportation needs.
Our ETS operates primarily in six cities: Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, and Ahmedabad.
This service is designed to meet the daily home-to-office and office-to-home transportation requirements for employees of our corporate clients.
With our 24/7 multi-shift operations, we ensure reliable and efficient transportation for our customers’ employees.
FLEET We operate on an asset-light model, operating a pooled fleet with having 4 leased-EV cars and mostly all our fleet is aggregated via driver-cum-owners and medium/micro fleet vendors.
We offer a diverse fleet of vehicles, including electric and non-electric cars, buses, and tempo travellers.
We also offer hybrid vehicles and electric vehicles curbing our carbon footprints and offering eco-friendly options to our customers. Details of vehicles are as follows : –
- Sedans
- SUVs
- EVs
- Buses
- Tempo Travellers
Our Corporate Clients
- IBM Technology India
- Tata Consultancy Services
- Tata Steel Ltd
- Wipro IT company
- Teleperformance
- Baker Hughes
- Apollo Hospitals
- Cognizant
Voler Car Limited IPO Date & Price Band Details
| IPO Open Date | 12 Feb 2025 |
| IPO Close Date | 14 Feb 2025 |
| IPO Size | (Approx ₹[.] Cr) |
| Fresh Issue | (Approx ₹[.] Cr) |
| Offer For Sale | (Approx ₹[.] Cr) |
| Lot Size | 1600 |
| IPO Face Value | 10/- |
| IPO Price Band | 85 To 90 Per Share |
| IPO Listing On | |
| IPO Retail Quota | 35.00% |
| IPO QIB Quota | 50.00% |
| IPO NII Quota | 15.00% |
| DRHP Draft | |
| Anchor Investor |
Voler Car Limited IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹1,44,000 |
| Retail Maximum | ₹ | ||
| S-HNI Minimum | ₹ |
OBJECTS OF THE OFFER
1. Funding working capital requirements of our Company.
2. General Corporate Purposes.
3. IPO Issue expenses.
Voler Car Limited IPO Allotment & Listings (Details)
| IPO Open Date | 12 Feb |
| IPO Close Date | 14 Feb |
| Basis of Allotment | |
| Refunds | |
| Credit to Demat Account | |
| IPO Listing Date |
Voler Car Limited Financial Reports
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2024 | ₹ | ₹ | ₹ |
| 2023 | ₹ | ₹ | ₹ |
Qualitative Factors
- Long-standing customer relationships.
- Asset-light business model.
- Quality assurance of our service.
- Experienced Promoters supported by a management and execution team.
Comparison of accounting ratios with Listed Industry Peers
- Wise Travel India Limited
- Shree OSFM E-Mobility Limite
Comparison of Accounting Ratios with Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | RONW | NAV Per | Revenue (₹ in Lakhs) |
| Voler Car Limited | 10 | 4.71 | * | 110.91% | 4.25 | 3,145.15 |
| Peer Group | ||||||
| Wise Travel India Limited | 10 | 12.79 | 14.07 | 15.62% | 62.45 | 41,408.65 |
| Shree OSFM E-Mobility Limited | 10 | 7.02 | 16.77 | 15.24% | 14.33 | 24,959.87 |
Voler Car Company Contact Details
Room No. 608, 6th Floor,
Merlin Infinite, DN – 51,
Sector –V, Salt Lake City,
Kolkata – 700091 TELEPHONE AND EMAIL Tel: +91 9147359888
Email:compliance@volercars.com WEBSITE – https://volercars.com/
Voler Car Lead Manager
GYR Capital Advisors Private Limited
428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor Grievance e-mail ID: investors@gyrcapitaladvisors.com
Voler Car IPO Registrar
KFin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Contact Person: M Murali Krishna
Tel: +91 40 6716 2222
Toll Free No. : 1800 309 4001
Email: volercar.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
