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Voler Car Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹90 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹27.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 12 Feb 2025
Subscription CloseFri, 14 Feb 2025
Anchor AllotmentTue, 11 Feb 2025
Basis of AllotmentMon, 17 Feb 2025
Initiation of RefundsTue, 18 Feb 2025
Credit of Shares to DematTue, 18 Feb 2025
Listing DateWed, 19 Feb 2025
UPI Mandate Deadline2025-02-14
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,600 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 3,200 shares
EPS (Pre-IPO)₹4.38
EPS (Post-IPO)₹4.46
P/E Ratio (Pre-IPO)20.57x
P/E Ratio (Post-IPO)20.17x
Net Offer to Public27,87,200 shares (aggregating up to ₹25.08 Cr)
Reserved for Market Maker2,12,800 shares (aggregating up to ₹1.92 Cr)
Pre-IPO Promoter Holding81,43,527 shares
Post-IPO Promoter Holding1,11,43,527 shares
About Voler Car Ltd

Incorporated in 2010, Voler Cars Limited provides reliable and efficient employee transportation services (ETS) to large MNCs and corporate clients.The company offers comprehensive home-to-office transportation with 24/7 customer service, dedicated teams, and over 2,500 vehicles, including cars, SUVs, electric vehicles, buses, and tempo travellers.In FY 2023-24, the company completed approximately 3,23,550 trips, averaging over 884 visits daily.The company operates in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, offering corporate transportation with vendor-sourced and leased vehicles, ensuring timely pick-ups and drop-offs per service level agreements (SLA).The company integrates GPS tracking with third-party technology to manage corporate travel, handling reservations, tracking, incident response, and client SLAs through a unified system.The company offers Employee Transportation Services (ETS) in Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, and Ahmedabad, ensuring reliable home-to-office transportation with 24/7 operations for corporate clients.As of December 31, 2024, the company has 774 Employees.Competitive Strengths:Long-standing customer relationshipsAn established brand built over the years through operational excellenceAsset-light business modelExperienced Promoters supported by a management and execution teamScalable business modelQuality assurance of their service.

Objects of the Issue

Voler Car Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding working capital requirements of the Company
2
General Corporate Purposes.
3
IPO Issue expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding 81,43,527 shares
Post-IPO Promoter Holding 1,11,43,527 shares
Check AllotmentCheck Status →
Voler Car Ltd — Live Price LIVE
₹90.00
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Issue ₹90.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹90
GMPNIL
Est. Listing₹90
Lot Size1,600 shares
Min Amount₹288,000
Listing Date19 Feb 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹90
Listing Date19 Feb 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 212,800 ₹1.92 Cr
TOTAL 3,000,000 100.00% ₹27.00 Cr
* Based on ₹90.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹90.00
Per Share
Min Investment
₹144,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹144,000
Retail (Max) 13 20,800 ₹1,872,000
sNII (Min) 14 22,400 ₹2,016,000
bNII (Min) 68 108,800 ₹9,792,000
Company Financials — Restated Consolidated (Amount in ₹ Crores)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 21.58 31.45 26.63
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2.49 3.56 1.99
Net Worth 10.93 3.21 -0.35
Total Assets 18.33 10.99 11.90
Reserves & Surplus 2.78 3.06 -0.50
Total Borrowings 0.39 1.19 3.80
Key Ratios & Valuation
Issue Price ₹90
Face Value ₹10 Per Share
P/BV 22.17
RoE 249.01%
RoCE 123.06%
RoNW 110.91%
PAT Margin (%) 11.53%
EBITDA Margin (%) N/A
Debt / Equity 0.37
Company Details
Company
Voler Car Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
22 Burtolla Street, 4th Floor, Kolkata, West Bengal, 700007
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)