WTI Cabs IPO Date, Review, Price, Allotment Details

WTI Cabs IPO Details: WTI Cabs IPO date is fixed, The IPO will open on February 12 and will close on February 14. WTI Cabs is a NSE SME IPO to raise ₹94.68 crores via IPO. The WTI Cabs IPO price band is fixed at ₹140 to ₹147 with a market lot of 1000 shares.
WTI Cabs IPO

Table of Contents

In 2009, WTI was founded with a vision to transform urban mobility across India. Displaying its capability to efficiently manage large-scale Mobility Service’s needs, the company took on the responsibility of managing the entire personal ground transportation for the XIX Commonwealth Games in New Delhi in 2010. By 2012, WTI spread its wings to seven major metro cities of India. This expansion was fortified when the company acquired India Fleet, a subsidiary of Tranzlease India Pvt. Ltd., a move that solidified its foothold in the urban transportation market. From 2013 to 2014, WTI broadened its horizons, bolstering its car rental fleet to over 2500 cabs. This growth was complemented by the strategic acquisition of Wyncabs and Smart Ride, a prominent coach rental company, thereby serving an even broader clientele.


International accolades came knocking between 2015 and 2017. The company was lauded in Dubai as the World’s Greatest Leaders 2015 in the Ground Transport Category for Asia & GCC. By 2017, the accolades continued with WTI being chosen as the fleet partner for the esteemed World’s Greatest Leader event held in Singapore. The period from 2018 to 2020 was earmarked by the company’s pledge to sustainability. Electric vehicles became a significant part of the fleet, mirroring global aspirations for greener transportation. In 2021, acknowledging the burgeoning demand in smaller cities, WTI ventured into tier 2, 3, and 4 cities, ensuring that 109 premium mobility services were not just the privilege of metropolitan residents. Recognizing the global potential of its services, 2022 saw the brand preparing to go international.

By 2023, WTI will mark its international debut, initiating operations in Dubai. This year also witnessed the establishment of 17 airport counters, facilitating travelers with seamless transportation right from their point of arrival. Simultaneously, investing in the future of the industry and the company, WTI introduced a Management Trainee Program, sculpting the next generation of Mobility Services leaders and ensuring the brand’s ethos is carried forward with the same fervor.


Objects of the Issue:

  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

WTI Cabs IPO Review

  • Apply

WTI Cabs IPO Date & Price Band Details

IPO Open:February 12, 2024
IPO Close:February 14, 2024
IPO Size:Approx ₹94.68 Crores, 6,441,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹140 to ₹147 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

WTI Cabs IPO Market Lot

The WTI Cabs IPO minimum market lot is 1000 shares with a ₹147,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹147,000
Retail Maximum11000₹147,000
S-HNI Minimum22000₹294,000

WTI Cabs IPO Dates

The WTI Cabs IPO date is February 12 and the IPO close date is February 14. The IPO allotment date is February 15 and the IPO might list on February 19.

IPO Open Date:February 12, 2024
IPO Close Date:February 14, 2024
Basis of Allotment:February 15, 2024
Refunds:February 16, 2024
Credit to Demat Account:February 16, 2024
IPO Listing Date:February 19, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

WTI Cabs IPO Form

How to apply WTI Cabs IPO? You can apply WTI Cabs IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the WTI Cabs IPO in the Invest section. The other option you can apply WTI Cabs IPO via IPO forms download via the NSE website. Check out the WTI Cabs forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


WTI Cabs Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹44.07₹41.81₹1.73
2022₹89.71₹84.79₹3.78
2023₹249.98₹236.15₹10.29
September 2023₹190.18₹175.34₹11.33

WTI Cabs IPO Valuation – FY2023

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

Earning Per Share (EPS):₹5.93 per Equity Share
Price/Earning P/E Ratio:[.]
Return on Net Worth (RoNW):25.34%
Net Asset Value (NAV):₹23.38 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Ashok Vashist
  • Ms. Hema Bisht
  • Mr. Vivek Laroia

WTI Cabs IPO Registrar

Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalfinancial.com

WTI Cabs IPO Allotment Status

Check WTI Cabs IPO allotment status on Beetal Financial website URL. Click Here

WTI Cabs IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited

Company Address

Wise Travel India Limited
D-21, Corporate Park,
3rd Floor, Near Sector-8 Metro
Station, Sector-21, Dwarka- 110075
Phone: +91-11-45434542
Email: [email protected]
Website: https://www.wticabs.com/

WTI Cabs IPO FAQs


What is WTI Cabs IPO?

WTI Cabs IPO is an NSE SME IPO. They are going to raise ₹94.68 Crores via IPO. The issue is priced at ₹140 to ₹147 per equity share. The IPO is to be listed on NSE.

When WTI Cabs IPO will open?

The IPO is to open on February 12, 2024 for QIB, NII, and Retail Investors.

What is WTI Cabs IPO Investors Portion?

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

How to Apply the WTI Cabs IPO?

You can apply WTI Cabs 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.

How to Apply the WTI Cabs IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “WTI Cabs”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the WTI Cabs IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “WTI Cabs”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the WTI Cabs IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “WTI Cabs”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is WTI Cabs IPO Size?

WTI Cabs IPO size is ₹94.68 crores.

What is WTI Cabs IPO Price Band?

WTI Cabs IPO Price Band is ₹140 to ₹147 per equity share.

What is WTI Cabs IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹147,000.

What is WTI Cabs IPO Allotment Date?

WTI Cabs IPO allotment date is February 15, 2024.

What is WTI Cabs IPO Listing Date?

WTI Cabs IPO listing date is February 19, 2024. The IPO to list on NSE SME.

Note: The WTI Cabs IPO details are announced officially. The IPO grey market premium (WTI Cabs IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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