Wise Travel India Limited

About  Wise Travel India Limited

Wise Travel India Limited, established in 2009, has witnessed significant growth and success in recent years, largely fueled by the widespread adoption of the internet globally. This surge in internet usage has greatly benefited sectors such as mobility services and vehicle rentals, bolstering the company's business operations.

The convenience of online booking, transparent pricing, comfortable travel experiences, punctual arrivals, and seamless payment options have emerged as key drivers propelling markets like shared mobility and employee mobility services on a global scale. As the transportation industry continues to flourish in the digital realm, it stands as a cornerstone of the burgeoning digital economy.

In this hypercompetitive landscape, the ability to swiftly address customer concerns and resolve issues has become paramount for businesses aiming to thrive. Wise Travel India Limited recognizes the crucial role of the internet in its operations, with a particular emphasis on catering to the needs of a diverse clientele spread across multiple cities.

The company's commitment to leveraging technological advancements in transportation, including features like live tracking, cashless payments, cancellations, and real-time vehicle monitoring, underscores its dedication to enhancing the customer experience.

Moreover, the advent of global IT advancements and the evolution of various technology sectors have necessitated flexible working models, presenting abundant opportunities for associated businesses and job creation.

Wise Travel India Limited prides itself on its sterling reputation, built on a foundation of exceptional service delivery and client satisfaction. Through a steadfast focus on understanding and addressing customer needs, the company has cultivated strong, enduring relationships with its clientele, fostering repeat business and driving customer loyalty.By nurturing these existing customer relationships, Wise Travel India Limited not only ensures customer retention but also gains a competitive edge in acquiring new clients and expanding its business footprint. In essence, the company's unwavering commitment to customer-centricity serves as a cornerstone of its enduring success in the dynamic Travel Services Industry.

As Wise Travel India Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives

As Wise Travel India Limited prepares for its highly anticipated Initial Public Offering (IPO), the company has meticulously outlined the strategic allocation of proceeds from the Fresh Issue to ensure optimal utilization and sustainable growth.

1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

Here are key details about the Wise Travel India Limited IPO:

Company Name	Wise Travel India Limited		Wise Travel India Limited IPO Opening Date	February 12, 2024
Company Established On	2009		Wise Travel India Limited IPO Allotment Status	February 15, 2024
Wise Travel India Limited IPO Closing Date	February 14, 2024		Wise Travel India Limited IPO Listing Date	February 19, 2024
Credit of Shares to the Demat Account	February 16, 2024		Wise Travel India Limited IPO Lot Size	1000 Shares
Wise Travel India Limited IPO Face Value	₹10 per share		Wise Travel India Limited IPO to be Listed on	BSE, NSE
Wise Travel India Limited IPO Issue Size	₹94.68 Cr		Wise Travel India Limited IPO Price band	₹140 to ₹147 per share