OUR BUSINESS
WTI Cabs Company was originally incorporated on April 22, 2009 as “Wise Travel India Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi & Haryana. Subsequently, our Company was converted into Public Limited Company and name of company was changed from “Wise Travel India Private Limited” to “Wise Travel India Limited”vide fresh certificate of incorporation dated September 26, 2023 issued by the Registrar of Companies, National Capital Territory of Delhi.
In the year of 2009, Wise Travel India Limited (“WTI”) emerged as a luminary in India’s innovation realm. Since then, our steadfast commitment has been to redefine urban mobility and metamorphose the fabric of daily commutes.
In the wake of India’s urban population surge at an annual rate of 2.5%, exceeding 400 million urban residents, the imperative for sophisticated and eco-conscious mobility solutions is paramount. The specters of congestion, air contamination, and inadequate transportation infrastructure have galvanized the need for ingenious interventions.
WTI CABS IPO DATE & PRICE BAND DETAILS
IPO Open Date February 12, 2024 IPO Close Date February 14, 2024 IPO Size Approx ₹94.68 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹140 to ₹147. Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 35% IPO QIB Quota 50% IPO NII Quota 15% IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click Here
WTI CABS IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1000 ₹147,000 Retail Maximum 1 1000 ₹147,000 S-HNI Minimum w 2000 ₹294,000
OBJECTS OF THE OFFER
The Issue includes a public Issue of upto 64,41,000 Equity Shares of our Company at an Issue Price of [●] per Equity Share.
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
WTI CABS IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 12, 2024 IPO Close Date Feb 14, 2024 Basis of Allotment Feb 15, 2024 Refunds Feb 16, 2024 Credit to Demat Account Feb 16, 2024 IPO Listing Date Feb 19, 2024
WTI CABS FINANCIAL REPORT
₹ in Crores Year Revnue Expense PAT Sept 2023 ₹190.18 ₹175.34 ₹11.33 2023 ₹249.98 ₹236.15 ₹10.29 2022 ₹89.71 ₹84.79 ₹3.78 2021 ₹44.07 ₹41.81 ₹1.73
OUR PROMOTERS
The Promoters of our Company are-
- Mr. Ashok Vashist
- Ms. Hema Bisht
- Mr. Vivek Laroia
QUALITATIVE FACTOR
We believe the following business strengths allow us to successfully compete in the industry:
- Experienced Promoters and Management Team
- Quality Assurance of our Services
- Established relationship with existing client
- Scalable Business Model
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 5.93 5.91 3 March 31, 2022 2.33 2.31 2 March 31, 2021 1.07 1.09 1 Weighted Average 1.55 3.90 Sept 30, 2023 6.52 6.54
WTI CABS COMPANY CONTACT DETAILS
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station,
Sector-21, Dwarka- 110075
Tel. No.: +91-11-45434542
E-mail: info@wticabs.com
Website: www.wticabs.com
WTI CABS IPO REGISTAR
BEETAL FINANCIAL & COMPUTER SERVICES (P) LIMITED
3rd Floor, Beetal House, 99, behind Local Shopping Centre, Madangir Village,
Madangir, New Delhi, Delhi 110062
Tel. No.: 011-2996 1281
Email: beetal@beetalfinancial.com
Website: www.beetalfinancial.com
Contact Person: Mr. Punit Kumar Mittal
