
Consumer Discretionary / Automotive · NSE
Founded in 2010, Voler Cars Limited provides safe and reliable employee transportation solutions for multinational companies and corporate clients. The company operates a fleet of over 2,000 vehicles, including cars, SUVs, electric vehicles, buses, and tempo travelers, offering round-the-clock customer support and efficient service. In FY 2023-24, it completed around 323,550 trips, averaging 884 trips per day. Operating across major cities like Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, Voler Cars ensures timely pick-ups and drop-offs through vendor-sourced and leased vehicles managed under strict SLAs. With GPS tracking and advanced technology, it enables smooth trip scheduling, real-time monitoring, and seamless corporate travel management.
Price Band
₹85 – ₹90
Issue Size
₹27.00 Cr
Lot Size
1600 shares
GMP
+5.6%
Est. Listing
₹95
at current GMP
Subscribed
13.73x
overall
Open
12 Feb 2025
Close
14 Feb 2025
Allotment
17 Feb 2025
Refund
18 Feb 2025
Demat Credit
19 Feb 2025
Listing
19 Feb 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
17 Feb 2025
Basis finalization
Refunds Initiate
18 Feb 2025
Mandate release
Demat Credit
19 Feb 2025
Shares in demat
Listing Debut
19 Feb 2025
Trading begins
Voler Car Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Automotive sector with an aggregate issue size of ₹27 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-02-14, the basis of allotment is scheduled to be finalized on 2025-02-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.