Voler Car IPO Date, Review, Price, Allotment Details

Voler Car IPO open date is February 12, 2025 and the IPO will close on February 14, 2025. Voler Car IPO is a Book Built Issue. The company to raise around ₹27.00 crores via IPO that comprises fresh issue of ₹27.00 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Voler Car IPO price band is ₹85 to ₹90 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Voler Car IPO to list on NSE on February 19, 2025. The allotment of Voler Car IPO date is February 17, 2025.

The company reported revenue of ₹31.45 crores in 2024 against ₹26.63 crore in 2023. The company reported profit of ₹4.17 crores in 2024 against profit of ₹2.02 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Voler Car IPO Details

IPO Open Date:February 12, 2025
IPO Close Date:February 14, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹85 to ₹90 Per Share
Issue Size:Approx ₹27.00 Crores
Fresh Issue:Approx ₹27.00 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Voler Car IPO Market Lot

The Voler Car IPO minimum market lot is 1600 shares with ₹1,44,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,600₹1,44,000
Retail Maximum11,600₹1,44,000
S-HNI Minimum23,200₹2,88,000

Voler Car IPO Dates

The Voler Car IPO date is February 12 and the close date is February 14. The Voler Car IPO allotment will be finalized on February 17 and the IPO listing on February 19.

IPO Open Date:February 12, 2025
IPO Close Date:February 14, 2025
Basis of Allotment:February 17, 2025
Refunds:February 18, 2025
Credit to Demat Account:February 18, 2025
IPO Listing Date:February 19, 2025

Promoters of Voler Car IPO

The promoters of the company are Mr. Vikas Parasrampuria and Mr. Pawan Parasrampuria.

About Voler Car IPO

To commence with, ETS services are crucial for humankind due to work life and Travelling. “Volar Car Limited” is a top-notch firm that provides the same ETS( employee transportation services )to MNCs and other corporate companies. As it has around 2000 vehicles for work including electric vehicles, tempo travelers, and a variety of cars, it can offer 24/7 services from home- to the office. Noticeably, it has been completed suffered 323,550 trips, in that daily trips are considered 884 respectively.

Its business is regulated by different central and state laws that guide how a company operates, both in terms of rules and procedures. Financially, the revenue portion is 31.45 Cr in 2024 and 26.63 Cr in 2023. Along with revenue, PAT has also increased from 2.02 to 4.17 Cr respectively.

Voler Car IPO Company Financial Report

The company reported revenue of ₹31.45 crores in 2024 against ₹26.63 crore in 2023. The company reported profit of ₹4.17 crores in 2024 against profit of ₹2.02 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹24.83₹23.54₹0.93₹11.36
2023₹26.63₹23.87₹2.02₹11.15
2024₹31.45₹26.34₹4.17₹10.46
September 2024₹21.58₹18.38₹2.49₹18.33

Voler Car IPO Valuation – FY2024

Check Voler Car IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:422.13%
ROCE:132.01%
EBITDA Margin:18.64%
PAT Margin:13.49%
Debt to equity ratio:0.39
Earning Per Share (EPS):₹5.51 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):135.70%
Net Asset Value (NAV):₹4.06

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Wise Travel India Limited12.7921.8215.62%62.45414.09 Cr.
Shree OSFM E-Mobility Limited7.0224.1015.24%14.33249.60 Cr.

Objects of the Issue

  • Funding working capital requirements of the Company
  • General Corporate Purposes.
  • IPO Issue expenses

Voler Car IPO Review

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Voler Car IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: volercar.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited

Company Address

Voler Car Limited
22 Burtolla Street,
4th Floor,
Kolkata – 700007
Phone: +91 9147359888
Email: compliance@volercars.com
Website: https://volercars.com/

Voler Car IPO FAQs

What is Voler Car IPO?

Voler Car IPO is a SME IPO. The company is going to raise ₹27.00 Crores via IPO. The issue is priced at ₹85 to ₹90 per equity share. The IPO is to be listed on NSE.

When Voler Car IPO will open for subscription?

The IPO is to open on February 12, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 14, 2025.

What is Voler Car IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Voler Car IPO?

You can apply for Voler Car IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Voler Car IPO Issue Size?

Voler Car IPO issue size is ₹27.00 crores.

What is Voler Car IPO Price Band?

Voler Car IPO Price Band is ₹85 to ₹90.

What is Voler Car IPO Lot Size?

The minimum bid is 1600 Shares with ₹1,44,000 amount.

What is the Voler Car IPO Allotment Date?

Voler Car IPO allotment date is February 17, 2025.

What is the Voler Car IPO Listing Date?

Voler Car IPO listing date is February 19, 2025. The IPO is to list on NSE.

Note: The Voler Car IPO price band and date are officially announced. The (Voler Car IPO grey market premium) will be added to the IPO GMP page as it will start).

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