In 2009, WTI used to be based with a imaginative and prescient to grow to be city mobility throughout India. Displaying its capacity to successfully organize large-scale Mobility Service’s wishes, the corporate took at the duty of managing all of the non-public flooring transportation for the XIX Commonwealth Games in New Delhi in 2010. By 2012, WTI unfold its wings to seven main metro towns of India. This enlargement used to be fortified when the corporate bought India Fleet, a subsidiary of Tranzlease India Pvt. Ltd., a transfer that solidified its foothold within the city transportation marketplace. From 2013 to 2014, WTI broadened its horizons, bolstering its automotive apartment fleet to over 2500 cabs. This expansion used to be complemented by means of the strategic acquisition of Wyncabs and Smart Ride, a distinguished trainer apartment corporate, thereby serving a fair broader clientele.
International accolades got here knocking between 2015 and 2017. The corporate used to be lauded in Dubai because the World’s Greatest Leaders 2015 within the Ground Transport Category for Asia & GCC. By 2017, the accolades endured with WTI being selected because the fleet spouse for the esteemed World’s Greatest Leader tournament held in Singapore. The length from 2018 to 2020 used to be earmarked by means of the corporate’s pledge to sustainability. Electric automobiles was a vital a part of the fleet, mirroring international aspirations for greener transportation. In 2021, acknowledging the burgeoning call for in smaller towns, WTI ventured into tier 2, 3, and four towns, making sure that 109 top rate mobility products and services weren’t simply the privilege of metropolitan citizens. Recognizing the worldwide doable of its products and services, 2022 noticed the emblem getting ready to head global.
By 2023, WTI will mark its global debut, starting up operations in Dubai. This yr additionally witnessed the established order of 17 airport counters, facilitating vacationers with seamless transportation proper from their level of arrival. Simultaneously, making an investment one day of the business and the corporate, WTI presented a Management Trainee Program, sculpting the following era of Mobility Services leaders and making sure the emblem’s ethos is carried ahead with the similar fervor.
Objects of the Issue:
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
WTI Cabs IPO Review
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 web be offering |
QIB Quota: | 50% of the web be offering |
NII Quota: | 15% of the web be offering |
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 minimal marketplace lot is 1000 stocks with a ₹147,000 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹147,000 |
Retail Maximum | 1 | 1000 | ₹147,000 |
S-HNI Minimum | 2 | 2000 | ₹294,000 |
WTI Cabs IPO Dates
The WTI Cabs IPO date is February 12 and the IPO shut date is February 14. The IPO allotment date is February 15 and the IPO would possibly checklist 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 take a look at IPO subscription standing and IPO allotment standing on their respective pages.
WTI Cabs IPO Form
How to use WTI Cabs IPO? You can follow WTI Cabs IPO by means of ASBA to be had for your checking account. Just move to the web financial institution login and follow by means of your checking account by means of deciding on the WTI Cabs IPO within the Invest phase. The different choice you’ll follow WTI Cabs IPO by means of IPO bureaucracy obtain by means of the NSE site. Check out the WTI Cabs bureaucracy – click on NSE IPO Forms obtain, fill and put up for your financial institution or along with your dealer.
WTI Cabs Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
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 element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹5.93 in keeping with Equity Share |
Price/Earning P/E Ratio: | [.] |
Return on Net Worth (RoNW): | 25.34% |
Net Asset Value (NAV): | ₹23.38 in keeping with Equity Share |
Peer Group
- 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 standing on Beetal Financial site 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,
third 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 elevate ₹94.68 Crores by means of IPO. The factor is priced at ₹140 to ₹147 in keeping with fairness percentage. The IPO is to be indexed on NSE.
When WTI Cabs IPO will open?
What is WTI Cabs IPO Investors Portion?
How to Apply the WTI Cabs IPO?
How to Apply the WTI Cabs IPO via Zerodha?
How to Apply the WTI Cabs IPO via Upstox?
How to Apply the WTI Cabs IPO via Paytm Money?
What is WTI Cabs IPO Size?
What is WTI Cabs IPO Price Band?
WTI Cabs IPO Price Band is ₹140 to ₹147 in keeping with fairness percentage.
What is WTI Cabs IPO Minimum and Maximum Lot Size?
What is WTI Cabs IPO Allotment Date?
What is WTI Cabs IPO Listing Date?
Note: The WTI Cabs IPO main points are introduced formally. The IPO gray marketplace top rate (WTI Cabs IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH