Wise Travel India Limited
- Minimum Investment₹1,40,000
- Price Range₹140 - ₹147
- Issue Size₹94.68 Cr
- Lot Size1000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
To meet working capital requirement
General corporate purpose
To meet the issue expenses
Download RHP DocumentGet more in-depth details about this IPO.
Strengths & Weaknesses of Wise Travel India Limited
Scalable business model
The company has a scalable business model, which is order-driven and comprises optimum utilization of its existing resources
Existing client relationship
The company has earned a reputation based upon which it has been successful in retaining its reputed clients
Outstanding legal proceedings
There are outstanding legal proceedings and litigations against and by the company, its promoters, directors, and subsidiaries
Negative cash and cash equivalents
The company has experienced negative cash and cash equivalents generated during the year in the past and may, in the future, experience similar negative cash flows
Financials
Earnings Per Share
Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.
No Data
Balance Sheet
A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
| Particulars (In Cr) | Y/Y Change | |
|---|---|---|
| Total Current Assets | -- | |
| Total Non-Current Assets | -- | |
| Fixed assets | -- | |
| Total assets | -- | |
| Total Current Liabilities | -- | |
| Total Non-Current Liabilities | -- | |
| Total Capital Plus Liabilities | -- | |
| Total Shareholder Funds | -- | |
| Total Debt to Equity | -- |
Cash Flow
The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
| Particulars (In Cr) | Y/Y Change | |
|---|---|---|
| Cash from Operating Activity | -- | |
| Cash from Financing Activities | -- | |
| Cash from Investing Activities | -- | |
| Net Cash Flow | -- |
About Wise Travel India Limited
Wise Travel India was incorporated on 22 April 2009. WTi Cabs is an integrated travel solution company, with diversified portfolios across various travel verticals, managed by professionals.
- PromoterAshok Vashist
- PromoterHema Bisht
- PromoterVivek Laroia
Wise Travel India Limited IPO FAQs
What is Wise Travel India Limited IPO?
Wise Travel India Limited IPO refers to the initial public offering of shares by Wise Travel India Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.
What is the issue size of Wise Travel India Limited IPO?
For Wise Travel India Limited IPO the issue size is ₹95 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.
What is the minimum investment amount for the Wise Travel India Limited IPO?
For Wise Travel India Limited IPO the minimum investment is ₹1,40,000. The minimum investment for Wise Travel India Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.
What is the lot size of Wise Travel India Limited IPO?
For Wise Travel India Limited IPO the lot size is 1000 shares. The lot size of Wise Travel India Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.
How to apply for Wise Travel India Limited IPO on Share.Market?
To apply for Wise Travel India Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Wise Travel India Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.
Can I pre-apply for Wise Travel India Limited IPO?
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Wise Travel India Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.
How many days is the IPO application window open?
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.
Till what time can I apply for an IPO on the last day on Share.Market?
You can apply for the IPO till 3 PM on the last day of application on Share.Market.
What is the allotment date of Wise Travel India Limited IPO?
For Wise Travel India Limited IPO the allotment date is February 15, 2024. The allotment date of Wise Travel India Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.
What are the open and close dates of Wise Travel India Limited IPO?
For Wise Travel India Limited IPO, the subscription opens on February 12, 2024 and closes on February 14, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
165.43x Oversubscribed
Bidding Ongoing
-
Total Subscription
165.43x Oversubscribed