Voler Car IPO Date, Review, Price, Allotment Details
Voler Car IPO Overview Summary
Voler Car IPO is scheduled to open on February 12, 2025, and will close on February 14, 2025. This IPO follows the Book Built Issue format, with the company aiming to raise ₹27.00 crores. This includes a fresh issue of ₹27.00 crores and an offer for sale of [.] equity shares. The IPO price band is set at ₹85 to ₹90 per share.
The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%. The allotment will be finalized on February 17, 2025, and the IPO is set to list on NSE on February 19, 2025.
Financially, the company reported a revenue of ₹31.45 crores in 2024, up from ₹26.63 crores in 2023. Net profit rose to ₹4.17 crores in 2024 from ₹2.02 crores in 2023. Based on financial performance, long-term investment in Voler Car IPO may be considered.
Voler Car IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | February 12, 2025 |
| IPO Close Date | February 14, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹85 to ₹90 per share |
| Issue Size | ₹27.00 crores |
| Fresh Issue | ₹27.00 crores |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| DRHP Prospectus | Click Here |
| RHP Prospectus | Click Here |
| Anchor Investors List | Click Here |
Voler Car IPO Market Lot
The minimum market lot for the Voler Car IPO is 1,600 shares, requiring an application amount of ₹1,44,000.
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,600 | ₹1,44,000 |
| Retail Maximum | 1 | 1,600 | ₹1,44,000 |
| S-HNI Minimum | 2 | 3,200 | ₹2,88,000 |
Voler Car IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | February 12, 2025 |
| IPO Close Date | February 14, 2025 |
| Basis of Allotment | February 17, 2025 |
| Refunds Initiation | February 18, 2025 |
| Credit to Demat Account | February 18, 2025 |
| IPO Listing Date | February 19, 2025 |
Promoters of Voler Car IPO
- Mr. Vikas Parasrampuria
- Mr. Pawan Parasrampuria
Voler Car IPO Financial Report
| Period Ended | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Total Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | ₹24.83 | ₹23.54 | ₹0.93 | ₹11.36 |
| 2023 | ₹26.63 | ₹23.87 | ₹2.02 | ₹11.15 |
| 2024 | ₹31.45 | ₹26.34 | ₹4.17 | ₹10.46 |
Voler Car IPO Valuation – FY2024
| Key Performance Indicators (KPI) | Values |
|---|---|
| Return on Equity (ROE) | 422.13% |
| Return on Capital Employed (ROCE) | 132.01% |
| EBITDA Margin | 18.64% |
| PAT Margin | 13.49% |
| Debt to Equity Ratio | 0.39 |
| Earnings Per Share (EPS) | ₹5.51 (Basic) |
| Price to Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 135.70% |
| Net Asset Value (NAV) per Share | ₹4.06 |
Peer Group Comparison Voler Car IPO
| Company | EPS | PE Ratio | RoNW (%) | NAV (₹) | Total Income (₹ Cr.) |
|---|---|---|---|---|---|
| Wise Travel India Limited | 12.79 | 21.82 | 15.62% | 62.45 | ₹414.09 Cr. |
| Shree OSFM E-Mobility Limited | 7.02 | 24.10 | 15.24% | 14.33 | ₹249.60 Cr. |
Objects of the Issue
- Funding working capital requirements
- General corporate purposes
- IPO issue expenses
Voler Car IPO Review by Analysts
| Brokerage Firm | Review |
|---|---|
| Canara Bank | – |
| DRChoksey FinServ | – |
| Emkay Global | – |
| Hem Securities | – |
| IDBI Capital | – |
| Marwadi Shares | – |
| Nirmal Bang | – |
| SBICAP Securities | – |
| Sharekhan | – |
| SMC Global | – |
| Sushil Finance | – |
| Swastika Investmart | – |
| Ventura Securities | – |
| Geojit | – |
| Reliance Securities | – |
| Capital Market | – |
| BP Wealth | – |
| ICICIdirect | – |
| Choice Broking | – |
Voler Car IPO Registrar
- KFin Technologies Limited
- Phone: 040-67162222, 040-79611000
- Email: volercar.ipo@kfintech.com
- Website: KFintech
IPO Lead Managers (Merchant Bankers)
- GYR Capital Advisors Private Limited
Company Address
- Voler Car Limited
22 Burtolla Street, 4th Floor, Kolkata – 700007
Phone: +91 9147359888
Email: compliance@volercars.com
Website: Voler Cars
Voler Car IPO FAQs
What is Voler Car IPO?
Voler Car IPO is an SME IPO raising ₹27.00 crores. The price band is ₹85 to ₹90 per share, and it will be listed on NSE.
When will Voler Car IPO open for subscription?
Voler Car IPO opens on February 12, 2025, and closes on February 14, 2025.
What is the investor portion for Voler Car IPO?
- QIB Quota: 50%
- NII (HNI) Quota: 15%
- Retail Quota: 35%
How to apply for Voler Car IPO?
Investors can apply via ASBA through their bank accounts or UPI via stock brokers.
When will Voler Car IPO be listed?
Voler Car IPO is scheduled to be listed on NSE on February 19, 2025.
Voler Car IPO GMP (Grey Market Premium)
Check out the latest Voler Car IPO GMP (Grey Market Premium), Kostak rates, and Subject to Sauda rates below. The Voler Car IPO GMP has not started yet—stay tuned for updates.
Voler Car IPO GMP FAQs
What is Voler Car IPO GMP Today?
Voler Car IPO GMP is ₹- as of today.
What is Voler Car IPO Kostak Rate Today?
Voler Car IPO Kostak Rate is ₹- as of today.
What is Voler Car IPO Subject to Sauda Rate Today?
Voler Car IPO Subject to Sauda is ₹- as of today.
What is Voler Car IPO Expected Returns?
Voler Car IPO expected returns are -%.
Note: The Voler Car IPO price band and dates are officially confirmed. The IPO Grey Market Premium (GMP) will be updated as it becomes available.
🚀 Stay tuned for updates!