WTI Cabs IPO Details, Date, Review, Price

WTI Cabs IPO Details, Date, Review, Price

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 DateFebruary 14, 2024
IPO SizeApprox ₹94.68 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band ₹140 to ₹147. Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%
IPO DiscountN/A
DRHP DraftClick Here
RHP DraftClick Here
Anchor InvestorClick Here

WTI CABS IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11000₹147,000
Retail Maximum11000₹147,000
S-HNI Minimumw2000₹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 DateFeb 12, 2024
IPO Close DateFeb 14, 2024
Basis of AllotmentFeb 15, 2024
RefundsFeb 16, 2024
Credit to Demat AccountFeb 16, 2024
IPO Listing DateFeb 19, 2024

WTI CABS FINANCIAL REPORT

₹ in Crores
YearRevnueExpensePAT
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-

  1. Mr. Ashok Vashist
  2. Ms. Hema Bisht
  3. Mr. Vivek Laroia

QUALITATIVE FACTOR

We believe the following business strengths allow us to successfully compete in the industry:

  1.  Experienced Promoters and Management Team
  2.  Quality Assurance of our Services
  3.  Established relationship with existing client
  4.  Scalable Business Model

Basic & Diluted Earnings Per Equity Share (“EPS”)

Financial Year EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 20235.935.913
March 31, 20222.332.312
March 31, 20211.071.091
Weighted Average1.553.90
Sept 30, 20236.526.54

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

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