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SME IPO Status: Listed [12th Feb 2024 to 14th Feb 2024]
WTI Cabs IPO, a SME IPO of ₹94.68 Cr was launced on 12-02-2024 to 14-02-2024 and the shares got listed on NSE SME on 19-02-2024.
The public issue of WTI Cabs IPO (WTICAB) was offered at ₹147.00 per share and the ipo was listed at ₹195.00. It has delivered listing gain of 32.65%.
As the minimum lot size was 1000 shares, the IPO has offered Rs 48000 per lot return on listing.
| SME IPO Issue Opening Date: | 12th Feb 2024 |
| SME IPO Issue Closing Date: | 14th Feb 2024 |
| SME IPO Issue Price: | ₹140.00-147.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹94.68 Cr |
| Fresh Issue: | ₹94.68 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 95.63% |
| Promoter Holding Post IPO: | 69.76% |
| Allotment Status: | Allotment Status |
| NSE Code: | WTICAB |
Get important updates regarding WTI Cabs SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 15th Feb 2024 |
| Refunds Initiation* | 16th Feb 2024 |
| Credit of Shares to Demat* | 16th Feb 2024 |
| SME IPO Listing Date* | 19th Feb 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹140.00-147.00 |
| Market Lot: | 1000 Shares |
| 1 Lot Amount: | ₹147000 |
| Min HNI Lots: | 2000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 19-02-2024 | 147.00 | 71 | 54000 | ₹218 (48.3%) | 19-Feb-2024 9:32 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
WTI Cabs or Wise Travel India Limited is an integrated travel solution or a leading provider of premium cab services. The company provides urban mobility services across India. Whether you want a ride to a railway station, airport, or any other outstation travel, WTI Cabs provides a comfortable commute to you.
It offers range of services including car rental fleet to over 2500 cabs, employee transportation, rental plans, convenient airport counters, fleet management, mobility tech solutions, sustainable mobility, project mobility, strategic consulting and advisory, and a lot more. The company has a strong foothold in all the major cities of India including Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Chandigarh, Indore, Ahmedabad, etc.
It also has an international presence in Dubai with 17 airport counters.
| Incorporation | Sector | IPO Issue Size | Website |
| 2009 | Transportation | ₹94.68 Cr | https://www.wticabs.com/ |
The company intend to utilize the proceeds of the Issue to meet the following objectives: -
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 1,191,000 (28.24%) | 894,000 (21.19%) | 2,084,000 (49.41%) | 4,218,000 | |
| 1 | 12th Feb 2024 19:32 | 0.02x | 3.60x | 7.26x | 4.35x |
| 2 | 13th Feb 2024 19:32 | 7.05x | 17.69x | 18.77x | 15.01x |
| 3 | 14th Feb 2024 18:23 | 106.69x | 375.56x | 108.76x | 163.46x |
Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 13,427.82 | 12,161.21 | 6,002.64 | 5,271.17 |
| Revenue | 19,016.53 | 24,997.04 | 8,970.00 | 4,405.51 |
| Profit After Tax | 1,132.91 | 1,029.36 | 377.74 | 172.85 |
| Net Worth | 5,194.36 | 4,061.45 | 2,832.10 | 2,454.36 |
| Reserves and Surplus | 3,457.28 | 3,745.62 | 2,537.10 | 2,159.36 |
| Total Borrowing | 1,627.55 | 1,674.50 | 216.32 | 56.59 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Wise Travel India Limited | 5.93 | 5.93 | 23.39 | 24.81 | 25.28 | Consolidated |
| Shree Osfm E-mobility Limited | 2.94 | 2.94 | 3.34 | 22.11 | 15.11 | Consolidated |
| Mahindra Logistics Ltd | 8.97 | 8.97 | 4.56 | 44.51 | 9.84 | Consolidated |
Last Updated on 23-Feb-2024 06:02:44
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase WTI Cabs SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply WTI Cabs SME IPO with Zerodha.
Alternate approch to apply in WTI Cabs SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
WTI Cabs SME IPO Review and Important Updates
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To subscribe or apply in WTI Cabs SME IPO, you can use the following methods:
| WTI Cabs SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in WTI Cabs SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in WTI Cabs SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in WTI Cabs SME IPO. Most of the Syndicate Banks provide access to apply in WTI Cabs IPO via ASBA process. You must have your net banking access, DP ID information to apply in WTI Cabs SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in WTI Cabs SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
WTI Cabs SME IPO Review and Important Updates
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WTI Cabs SME IPO is going to be list on 19-02-2024. NSE Code for WTI Cabs is WTICAB.
Other relevant questions:
When WTI Cabs SME IPO will be listing? WTI Cabs SME IPO NSE listing date?WTI Cabs SME IPO date of listing
WTI Cabs SME IPO Allotment Date is 15-02-2024.
Other relevant questions:
WTI Cabs SME IPO share allotment date?WTI Cabs SME IPO allotment date?
