Voler Car Limited
Voler Car Limited
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹85 - ₹90

Total Issue

₹27 Cr

Bid Dates

12 Feb - 14 Feb

Subscription

13.62x

Listing Price

₹90 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹100.29 Cr

P/E Ratio

19.11x

P/B Ratio

21.18x

Voler Car IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Voler car Ltd is a leading provider of employee transportation services (ETS) to large multinational and corporate clients across major Indian cities. With a network of over 2,500 vendor-sourced vehicles—including EVs, sedans, SUVs, and buses—it offers reliable home-to-office commute solutions supported by 24/7 customer service and on-ground teams. Operating on an asset-light model, the company completed 3.23 lakh trips in FY 2023–24 and 2.84 lakh trips up to November 2024 in FY 2024–25, with daily trip volumes rising from 884 to over 1,183. The focus remains on efficient seat utilization and enhanced employee mobility.

Voler Car IPO Lot Size

Lot Information for Voler Car IPO
Category Lots Shares Amount
Ind (Min) 1 1,600 ₹1,44,000
Ind (Max) 1 1,600 ₹1,44,000
S-HNI (Min) 2 3,200 ₹2,88,000
S-HNI (Max) 6 9,600 ₹8,64,000
B-HNI (Min) 7 11,200 ₹10,08,000
Allocate Funds
Market Maker
2,12,800 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Voler Car IPO Size

Total ₹27 Cr
Fresh Issue
₹27 Cr (30,00,000 Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding working capital requirements of our Company
  2. General Corporate Purposes
  3. IPO Issue expenses

Voler Car IPO Live Subscription

Updated as on 14-Feb-2025 19:00:18 hrs

Category Sub (x) Offered Bids
QIB 9.34x 5,56,800 52,03,200
NII 18.56x 4,19,200 77,79,200
Retail 13.94x 9,77,600 1,36,27,200
Total 13.62x 19,53,600 2,66,09,600

Voler Car IPO Details Live GMP

GMP ₹0
Est. Price ₹90
Est. Gain 0.00%

Voler Car IPO Peer Comparison

(Rs. in crores)

Voler Car IPO Peer Comparison Table
Particulars Co. Wise Travel India Shree OSFM E Mobility
Revenue from Ops (in Crs.) 30.90 410.60 118.19
PAT (In Crs.) 3.56 23.22 8.10
EPS - Basic 4.71 12.79 7.02
NAV per share 62.45 14.33 4.25
RONW 110.91% 15.62% 15.24%
EBITDA 15.99% 11.20% 11.89%
PAT Margin 11.53% 5.66% 6.86%
Price to earning (PE) 19.11 14.07 16.77
Debt to Equity 0.37 0.18 0.21
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

Voler Car IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Voler Car IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 21.50 30.90 23.96 23.73
Profit after Tax 2.49 3.56 1.99 0.79
Net Worth 10.93 3.21 -0.35 -2.34
Total Borrowing 0.39 1.19 3.80 5.55
Total Assets 18.33 10.99 11.90 12.13
NAV per share (in ₹) 13.42 4.25 -0.46 -3.10
EPS - Basic (in ₹) 3.05 4.71 2.63 1.04

Key Performance Indicators (KPIs)

EBITDA

19.31%

PAT

11.53%

ROE

249.01%

ROCE

123.06%

Debt to Equity

0.37

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

0.15%

Public

99.85%

Vikas Parasrampuria 73.93%
Pawan Parasrampuria 18.79%

Management

Pawan Parasrampuria
Chairman & MD
Mr. Ankit Toshniwal,
CFO

Registrar & Lead Managers

Registrar

KFin Technologies

Lead Managers (1)

GYR Capital

Company Details

Name : Voler Car Limited

Address : 22 Burtolla Street, 4th Floor, Kolkata - 700007, West Bengal, India.

Number : +91 9147359888

Email : compliance@volercars.com

Website : https://volercars.com/

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Frequently Asked Questions (FAQs)

What is Voler Car IPO?
Voler Car IPO is a SME IPO having an issue size of ₹27 Crs. Voler Car IPO is priced at ₹85 - ₹90 per share. The issue opens on 12 Feb 25 and closes on 14 Feb 25.
When will Voler Car IPO open?
Voler Car IPO opens on 12 Feb 25 and closes on 14 Feb 25.
What is the GMP of Voler Car IPO?
The estimated Grey Market Premium of Voler Car IPO is ₹0 per share (0.00%).
What is the lot size of Voler Car IPO?
The minimum lot size of Voler Car IPO is 1600 shares & the minimum application amount is Rs. 144000.
When is the allotment of Voler Car IPO?
The allotment date of Voler Car IPO is 17 Feb 25.
What is the listing date of Voler Car IPO?
The listing date of Voler Car IPO is 19 Feb 25.
What is the subscription of Voler Car IPO?
Voler Car IPO is subscribed 13.62 times.
What is the price band of Voler Car IPO?
Voler Car IPO is priced at ₹85 - ₹90 per share.
How to check allotment status of Voler Car IPO?
Click the allotment link on Voler Car IPO page of IPO360.
How to apply Voler Car IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Voler Car IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Voler Car IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Voler Car IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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