Voler Car IPO subscription started on Wednesday, February 12, 2025, and will close on February 14, 2025., as per the schedule. The price band is set at ₹85 to ₹90 per share with a face value of ₹10.
Voler Car IPO Subscription Status
Voler Car IPO Subscribed over 0.89x on its First day till 5.00 PM on 12th February 2025.
- Voler Car IPO subscription QIB investors portion is 0 times, while NII subscribed 0.97 times and RII investors subscribed 1.37 times.
- The company has received bids for 17,47,200 shares against 19,53,600 shares on offer on the first day of subscription.
- Voler Car IPO subscribed over 0.89x on its First day.
About Voler Car Company
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 Financial Report
The company reported revenue of ₹31.45 crores in 2024 against ₹26.63 crores in 2023. The company reported a profit of ₹4.17 crores in 2024 against a profit of ₹2.02 crores in 2023.
Voler Car IPO GMP:
Voler Car IPO GMP was ₹10 as of Wednesday, 12th February 2025. That indicates the IPO is trading at ₹100 with ₹10 premium in the grey market against the issue price of ₹90.