Voler Car IPO

9.44x

subscribed

Voler Car IPO

Travel Services
listed
₹1.36LMin. investment
  1. Pre-apply
    11 Feb
  2. Bid start
    12 Feb
  3. Bid end
    14 Feb
  4. Allotment
    17 Feb
  5. Release of funds
    18 Feb
  6. Demat transfer
    18 Feb
  7. Listing
    19 Feb

About Voler Car Limited

SectorTravel Services
Price range₹85.00 – ₹90.00
IPO type
SME
Lot size1600 shares
Issue size₹27Cr
Red Herring Prospectus
Read

Market Cap

₹100.29CrLower than sector avg

Revenue

Apr 2023 - Mar 2024
₹30.89CrLower than sector avg

Growth rate

3Y CAGR
8.84%

Checklist

Quality analysis

Revenue growth
Company valuation
Earnings expansion

Risk analysis

Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand
This IPO
₹30.89Cr
This sector
₹702.43Cr
Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management
This IPO
₹4.16Cr
This sector
-₹240.55Cr
Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹100.29Cr
This sector
₹5,141.29Cr
Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued
This IPO
16.33
This sector
35.60
Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities
This IPO
0.39
This sector
0.26
Compare with companies
Objectives
Working capital requirements
The company will allocate ₹20.38 Cr for its own working capital needs.
General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposes.

About Voler Car IPO

Voler Car Limited provides employee transportation services to IT/ITeS companies and corporates across India. With a fleet of over 2,500 vehicles, including electric cars and buses, the company handles around 1,183 daily trips. Operating in nine cities, it offers home-to-office transportation solutions, prioritizing safety, especially for female passengers. Using advanced GPS tracking and efficient operations management, Voler ensures high-quality service. Led by experienced professionals, the company is positioned for continued growth in the employee transportation sector.

IPO Subscription Status
Date
QIB
NII
Retail
Total
12-Feb-25
0.0 times (X)
0.0 times (X)
1.35 times (X)
0.67 times (X)
13-Feb-25
3.51X
0.0X
4.28X
3.14X
14-Feb-25
9.34X
0.0X
13.55X
9.44X

Latest News on IPO

news logo
Voler Car IPO: The employee transportation services (ETS) provider aims to raise ₹27 crore from the primary market through its initial share sale. The issue is open for subscription till Friday, February 14. The price band has been fixed at ₹85 to ₹90 per share.

3 min read

news logo
Voler Car IPO allotment: The ₹27-crore public offer of the employee transportation services provider was open for bidding from February 12 to February 14. The price band was fixed at ₹85 to ₹90 per share. The company has proposed to list its shares on the NSE SME platform on Wednesday, February 19.

4 min read

news logo
Voler Car IPO listed flat on the NSE SME platform on February 19, with shares opening at ₹90. The stock hit a 5% lower circuit, marking a lacklustre debut. The company raised ₹27 crore from this public issue.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Voler Car IPO ?

The issue size of the Voler Car IPO is 27 Cr.

What is 'pre-apply' for Voler Car IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Voler Car IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.