Voler Car Limited

12 Feb 2025 - 14 Feb 2025 Individual Category SME NSE

Min Investment

₹144000

Price Band

₹85-₹90

Issue Size

21.66 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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12 Feb 2025

Open Date

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14 Feb 2025

Close Date

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17 Feb 2025

Allotment Date

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19 Feb 2025

Listing Date

Voler Car IPO open date is from February 12, 2025 to February 14, 2025. This new IPO is a book-built issue worth 30 lakh equity shares. 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.

Know Before Investing

Strengths icon

  • Large fleet of 2500+ vehicles serving multiple cities.
  • Strong operational capacity handling 884 daily corporate trips.
  • Asset-light model with vendor-sourced and leased vehicles.

Weaknesses icon

  • Geographic presence limited to only six cities.
  • High dependence on corporate clients for revenue.
  • Limited employee base of 774 for nationwide operations.

About Voler Car Limited

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.

Founded

2010

Managing Director

Pawan Parasrampuria

Parent Organization

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IPO Objectives

Voler Car' IPO objectives include utilising the funding received from the fresh issue into various objectives, to meet capital requirements of the company, into general corporate purposes and further IPO issue expenses.

Company Promoters

Vikas Parasrampuria

Pawan Parasrampuria

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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