Voler Car Limited
Voler Car Limited
Price Band
₹85 - ₹90
Total Issue
₹27.00 Cr
Bid Dates
12 Feb - 14 Feb
Subscription
13.73x
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,600 | ₹1,44,000 |
| Individual (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 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Voler Car IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
19.31%
PAT
11.53%
ROE
249.01%
ROCE
123.06%
Debt to Equity
0.37
PE Ratio
19.11
PB Ratio
21.18
Mkt Cap (in Crs.)
100.29
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
0.15%
Public
99.85%
Management
Subscription Status
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 |
Frequently Asked Questions
What is Voler Car IPO?
When will Voler Car IPO open?
What is the GMP of Voler Car IPO?
What is the lot size of Voler Car IPO?
When is the allotment of Voler Car IPO?
What is the listing date of Voler Car IPO?
What is the subscription of Voler Car IPO?
What is the price band of Voler Car IPO?
How to check allotment status of Voler Car IPO?
How to apply Voler Car IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Voler Car IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Voler Car IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Voler Car IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date