Wise Travel India Limited
ListedSMEEmerging SME Services · NSE
Wise Travel India Limited (WTI), incorporated in 2009, is a leading transport company providing car rental and transportation services across 130 cities in India. The company offers a diverse range of services, including car rentals, employee transportation, end-to-end transport solutions (MSP), flexible rental plans, airport counters, fleet management, mobility solutions for MICE, sustainable mobility, project mobility, strategic consulting, and community commute solutions. WTI's fleet includes executive cars, luxury cars, SUVs, sedans, and coaches, catering to various customer needs. The company operates in key cities such as Delhi NCR, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata. Its prestigious client base includes major brands like Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, Coca-Cola, American Express, Renault, LinkedIn, Hitachi, Cheil, Sapient, and Panasonic. As of October 31, 2023, WTI employs 784 people, including directors, reflecting its strong workforce and operational scale.
Price Band
₹140 – ₹147
Issue Size
₹94.68 Cr
Lot Size
1000 shares
GMP
₹71
+48.3%
Est. Listing
₹218
at current GMP
Subscribed
165.48x
overall
Open
12 Feb 2024
Close
14 Feb 2024
Allotment
16 Feb 2024
Refund
17 Feb 2024
Demat Credit
18 Feb 2024
Listing
19 Feb 2024
Last updated 12 months ago
Overall Subscription
165.48x
Total Demand
QIB Multiplier
106.69x
Institutions & Funds
NII / HNI
376.05x
High Net-Worth
Retail (RII)
108.76x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,191,000 | 127,065,000 | 106.69x |
| NIB | 894,000 | 336,186,000 | 376.05x |
| RETAIL | 2,084,000 | 226,649,000 | 108.76x |
| Total | 4,169,000 | 689,900,000 | 165.48x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,254 | 245,145 | 108.76x |
| HNIs (10L +) | 14 | 5,265 | 376.05x |
| HNIs (2-10L) | 69 | 25,947 | 376.05x |
| Total Applications | 2,337 | 276,357 | 118.25x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Wise Travel India Limited Public Issue & Market Profile
Wise Travel India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹94.68 Crores. The shares are offered at a price band of ₹140 to ₹147 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-02-14, the basis of allotment is scheduled to be finalized on 2024-02-16. 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 (Beetal Financial & Computer Services (P) Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Wise Travel India Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Wise Travel India Limited IPO is ₹71 per equity share. Based on the upper price band of ₹140 to ₹147 per equity share, the estimated listing price is ₹218 (+48.3% expected listing gain).
What is the expected profit per lot for Wise Travel India Limited IPO?
With a lot size of 1000 shares and current GMP of ₹71, the expected profit per application lot is approx ₹71,000 (+48.3% gain). Minimum application cost is approx ₹1,47,000.
What is the issue size and price band for Wise Travel India Limited IPO?
The Wise Travel India Limited IPO aggregate issue size is ₹94.68 Crores with an equity price band set at ₹140 to ₹147 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,47,000.
How can I check Wise Travel India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 165.48x (Retail: 108.76x, QIB: 106.69x, NII: 376.05x). You can track live multiples directly on our dedicated subscription page.
Where and when will Wise Travel India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Beetal Financial & Computer Services (P) Limited) and the BSE status verification website on or around 2024-02-16. Investors can verify status using PAN card or application number.
When is the listing date for Wise Travel India Limited IPO?
Wise Travel India Limited shares are scheduled to list on NSE on 2024-02-19.