Wherrelz IT Solutions Limited
ListedSMEInformation Technology · BSE
Founded in 2014, Wherrelz IT Solutions, along with its subsidiary Infinitybeam IoT Labs Private Limited, specializes in web-centric, multi-spectrum IT product development, maintenance, and IT consultancy. The company offers a wide range of services, including Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), e-commerce solutions, API development, cybersecurity, Internet of Things (IoT), and cloud-based tools. These services are delivered through either a standard or customized software development model, based on client needs.
Price Band
₹171
Issue Size
₹2.01 Cr
Lot Size
800 shares
GMP
—
Est. Listing
₹171
at current GMP
Subscribed
—
Open
16 Dec 2021
Close
21 Dec 2021
Allotment
24 Dec 2021
Refund
25 Dec 2021
Demat Credit
26 Dec 2021
Listing
29 Dec 2021
Last updated 12 days ago
Official Registrar Verification
Wherrelz IT Solutions Limited Allotment Status
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
24 Dec 2021
Basis finalization
Refunds Initiate
25 Dec 2021
Mandate release
Demat Credit
26 Dec 2021
Shares in demat
Listing Debut
29 Dec 2021
Trading begins
How to Check Wherrelz IT Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Pvt Ltd's allotment portal.
- Select Wherrelz IT Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Wherrelz IT Solutions Limited Public Issue & Market Profile
Wherrelz IT Solutions Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹2.01 Crores. The shares are offered at a price band of ₹171 to ₹171 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
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.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2021-12-21, the basis of allotment is scheduled to be finalized on 2021-12-24. 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 (Bigshare Services Pvt Ltd) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
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.
How will I receive the refund if I don't get allotment?
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.