Thursday, May 16, 2024

WTI Cabs IPO Date, Review, Price, Allotment Details

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.

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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.

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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.

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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?

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

What is WTI Cabs IPO Investors Portion?

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

How to Apply the WTI Cabs IPO?

You can follow WTI Cabs IPO by means of ASBA on-line by means of your checking account. You too can follow for ASBA on-line by means of UPI via your inventory agents. You too can follow by means of your inventory agents by means of filling up the offline shape.

How to Apply the WTI Cabs IPO via 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 move for 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 via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “WTI Cabs”. Click on Bid Button. Confirm your utility. Now move for 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 via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “WTI Cabs”. Click on Bid Button. Confirm your utility. Now move for 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 dimension is ₹94.68 crores.

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?

The IPO bid is 1000 stocks 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 list date is February 19, 2024. The IPO to checklist on NSE SME.

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

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