Voler Car Limited IPO is opening for subscription on 12 February 2025 and will close on 14 February 2025. This SME IPO will be raising ₹27 crore from an entire fresh issue of 30 lakh equity shares.
The Voler Car IPO allotment date will be finalized on Monday, 17 February 2025. Voler Car shares will probably be listed on NSE SME on Wednesday, 19 February 2025.
Voler Car IPO price band has been set between ₹85 to ₹90 per share. The IPO lot size is 1600 per application, making the minimum investment for retail investors stand at ₹136000. However, they are suggested to bid at the cut-off price so that they can avoid the oversubscription scenario. For the HNIs, the minimum number of lots they have to buy is 2 which means 3200 shares summing up to ₹288000.
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Voler Car NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 12, 2025 |
| IPO Closing Date | February 14, 2025 |
| Tentative IPO Listing Date | February 19, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹85 ₹90 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 3000000 Shares (₹27 Cr) |
| Fresh Issue | 3000000 Shares (₹27 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 8143527 shares |
| Share Holding Post-Issue | 11143827 shares |
Voler Car Limited | Company Overview
Voler Car Limited was established in 2010 to offer efficient employee transportation services (ETS). They are serving the big MNCs and corporate houses with their comprehensive transportation services. The facilities that this firm offers include –
- Round-the-clock customer service to help the employees find their transportation smoothly and the corporate houses to arrange the rosters
- They have a dedicated team of people coordinating between clients and employees
- A fleet of over 2500 vehicles which include electric vehicles, SUVs, tempo travellers, and busses as well.
- Daily on average, they complete around 884 trips
They are currently operating in –
- Kolkata
- Pune
- Mumbai
- Bhubaneshwar
- Ahmedabad
- Delhi – NCR
Service
- Corporate transportation via vendor-sourced and leased cars
- Timely pickup and drops
- GSP tracking
- Incident response
- More
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Voler Car Limited IPO | Key Details
- Voler Car IPO Opening Date: February 12, 2025,
- Voler Car IPO Closing Date: February 14, 2025.
- Allotment Date: February 17, 2025
- Price Band: ₹ 85 To ₹90 per share
- Lot Size: 1600 shares
- Refunds Initiated: February 14, 2025
- Shares Credited to Demat: February 14, 2025
- Listing Date: February 19, 2025
Voler Car Ltd: Financial Overview
Voler Car Limited’s profits rose by 78.90% in FY24 from an increase of 18% rise in revenue.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 10.99 | 11.9 | -0.91 | -7.64705882 |
| Revenue | 31.45 | 26.63 | 4.82 | 18.09988735 |
| Profit After Tax | 3.56 | 1.99 | 1.57 | 78.89447236 |
| Net Worth | 3.21 | -0.35 | 3.56 | 1017.14286 |
| Reserve & Surplus | 3.06 | -0.5 | 3.56 | 712 |
| Total Borrowing | 1.19 | 3.8 | -2.61 | -68.6842105 |
Voler Car Ltd IPO | FAQs
Voler Car Ltd is engaged in the offering transportation services to the corporate clients, MNCs for their employee transportation.
The tentative IPO listing date of Voler Car has been fixed as Wednesday, February 19, 2025.
The bidding date for the Voler Car IPO is February 12 2025, and it will continue until February 14 2025.
The minimum IPO lot size for Voler Car is 1600 shares and for HNIs, the minimum number of lots is 2.
The IPO allotment is expected to be finalized on Monday, February 17, 2025.
The IPO face value is set at ₹10 per share.
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