The WTI Cabs IPO minimum market lot is 1000 shares with ₹147,000 application amount. The WTI Cabs IPO is an SME IPO, and it is to be listed on NSE SME.
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.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
WTI Cabs IPO Subscription Status – Day 3
Category | QIB | NII | RII | Total |
Day 1 | 0.02 | 3.59 | 7.17 | 4.31 |
Day 2 | 7.05 | 17.69 | 18.77 | 15.01 |
Day 3 | 106.69 | 375.56 | 108.76 | 163.46 |
WTI Cabs IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
WTI Cabs IPO Review
- May Apply
WTI Cabs IPO Form
How to apply for the WTI Cabs IPO? You can apply for 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 is you can apply for WTI Cabs IPO via IPO forms downloaded online. Check out the WTI Cabs forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
One Response
WTI has its footprints in Gulf countries also.