Voler Car IPO open date is from February 12, 2025 to February 14, 2025. This new IPO is a book-built issue worth up to Rs 27 crores. This upcoming IPO is offering entirely a fresh issue of up to 30 lakh equity shares; there are no offers for sale part included in this IPO.
Voler Car IPO price band is Rs 85 to Rs 90 per share. As of now, the Voler Car IPO live GMP is at 11, indicating a mid-bullish sentiment among investors for this IPO.
Voler Car IPO lot size is 1600 shares, and the allotment status will be finalised on Monday, February 17, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,44,000. The registrar for Voler Car IPO is Kfin Technologies Limited. The listing date is Wednesday, February 19, 2025.
Also Read | PS Raj Steels IPO GMP Live, Open Date, Close Date, Price Band
Voler Car IPO GMP Live
Voler Car IPO GMP is at Rs 11. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at 101 per share as it shows the mid-bullish sentiment among investors. You can check the latest IPO Grey Market Premium today online.
Voler Car IPO Price Band
Voler Car IPO price band is Rs 85 to Rs 90 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (90 x 1600 shares). However, for the HNI category, the minimum investment amount required is 2,88,000 (90 x 3200 shares).
Voler Car Allotment Status
Voler Car IPO Allotment status will be available on its registrar Kfin Technologies Limited website on Monday, February 17, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
Voler Car Listing Date
Voler Car IPO listing date has been decided on Wednesday, February 19, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.
Voler Car IPO: Listing Date, Lot Size, Issue Size, Price Band
IPO Date |
February 12, 2025 to February 14, 2025 |
Listing Date |
Wednesday, February 19, 2025 |
Face Value |
Rs 10 per share |
Price Band |
Rs 85 to Rs 90 per share |
Lot Size |
1,600 Shares |
Total Issue Size |
30,00,000 shares |
Fresh Issue |
30,00,000 shares |
Issue Type |
Book Built Issue IPO |
Listing At |
NSE SME |
Share Holding Pre Issue |
81,43,527 shares |
Share Holding Post Issue |
1,11,43,527 shares |
Market Maker Portion |
2,12,800 shares |
Voler Car IPO: About the Company
Voler Car Limited (VCL), established in 2010 by Vikas Parasrampuria, is an Indian non-government company specialising in employee transportation services (ETS) for multinational corporations and corporate clients throughout India's major urban centers. VCL focuses on providing reliable home-to-office-to-home transportation solutions.
Voler Car operates on an asset-light model, managing a diverse fleet of vehicles, including sedans, SUVs, buses, and environmentally friendly electric vehicles. They emphasise verified vehicles and professional chauffeur-drivers, ensuring a safe and comfortable commute for employees. To maintain service quality, VCL offers 24/7 customer support.
By focusing on technology-driven solutions and customer satisfaction, Voler Car has become a trusted partner for organisations seeking efficient and secure employee transportation.
Voler Car IPO Objectives
Voler Car' IPO objectives include utilising the funding received from the fresh issue in to various objectives, to meet capital requirements of the company, into general corporate purposes and further IPO issue expenses.
Voler Car IPO: Key Dates, Allotment, Listing Date
IPO Open Date |
Wednesday, February 12, 2025 |
IPO Close Date |
Friday, February 14, 2025 |
Basis of Allotment |
Monday, February 17, 2025 |
Initiation of Refunds |
Tuesday, February 18, 2025 |
Credit of Shares to Demat |
Tuesday, February 18, 2025 |
Listing Date |
Wednesday, February 19, 2025 |
Cut-off time for UPI mandate confirmation |
5 PM on February 14, 2025 |
Voler Car IPO Subscription status, IPO Reservation
Voler Car IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.
Voler Car IPO Lot Size Details
Voler Car IPO lot size is set at 1600 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (90 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (90 x 3200 shares).
Voler Car IPO Promoter Holdings
Voler Car IPO promoter are Mr Vikas Parasrampuria and Mr Pawan Parasrampuria. The promoter's combined shareholdings before the IPO was 92.88%; however, post-IPO, their shareholdings will decline.
Voler Car Limited Financials (Amt in Rs Cr)
Period Ended |
30 Sep 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
18.33 |
10.99 |
11.9 |
12.13 |
Revenue |
21.58 |
31.45 |
26.63 |
24.83 |
Profit After Tax |
2.49 |
3.56 |
1.99 |
0.79 |
Net Worth |
10.93 |
3.21 |
-0.35 |
-2.34 |
Reserves and Surplus |
2.78 |
3.06 |
-0.5 |
-2.49 |
Total Borrowing |
0.39 |
1.19 |
3.8 |
5.55 |
Lead Manager and Registrar of Voler Car IPO
Voler Car PO lead manager is GYR Capital Advisors Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.
How to apply to the Voler Car IPO
Interested investors who want to apply to the Voler Car IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.
Voler Car IPO FAQs
1. What are the core details available of the Voler Car IPO?
Voler Car IPO is a book-built issue worth up to Rs 27 crores. The price band for this IPO is Rs 85 to Rs 90 per share. This upcoming IPO is offering entirely a fresh issue of up to 30 lakh equity shares.
2. What is the Voler Car IPO open date and close date?
Voler Car IPO subscription opens on Wednesday, February 12, 2025, and closes on Friday, February 14, 2025.
3. What is Voler Car IPO GMP Live?
Voler Car IPO GMP is at Rs 11 indicating mid bullish sentiment among investors. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 101 per share. You can check the latest IPO Grey Market Premium today online.
4. How do you check the IPO Allotment status?
Voler Car IPO Allotment status is available on its registrar, Kfin Technologies Limited website on the Listing date Wednesday, February 19, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
5. Who are the registrar and lead managers of Voler Car IPO?
Voler Car IPO lead manager is GYR Capital Advisors Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.
Also Read:
- What is IPO?
- What is IPO GMP?
- Difference between IPO and FPO For Beginners
- Difference between SME IPO and Mainline IPO?