Wherrelz IT Solutions IPO GMP, Review, Price, Allotment

Wherrelz IT Solutions IPO GMP

Wherrelz IT Solutions IPO description – The company, along with its subsidiary Infinitybeam IOT Labs, is engaged in the business of webcentric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. It provides a wide range of services such as Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Cyber security, Internet of Things (IoT), cloud-based tools etc through standard software development model or through customised software development model depending upon the requirement of the clients which is backed by advanced technology and efficient team of software developers who tend to keep themselves abreast by undergoing continuous R&D activity.

The company’s objective is to develop and maintain all in all software solutions to every enterprise in various sectors such as Ecommerce, Education, Fintech, Healthcare, Social Networking, and other industries to enable ease of doing business.

Promoters of Wherrelz IT Solutions – Mr Chaitanya Dhareshwar and Mrs Sumanlata Dhareshwar

Wherrelz IT Solutions IPO Details

Subscription Dates16 – 21 December 2021
Price BandINR171 per share
Fresh issue1,17,600 shares (INR2.01 crore)
Offer For SaleNil
Total IPO size1,17,600 shares (INR2.01 crore)
Minimum bid (lot size)800 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Wherrelz IT SolutionsFinancial Performance

 FY2019 FY2020 FY2021
Net income1.23.21.4
Figures in INR lakh unless specified otherwise

Wherrelz IT Solutions Offer News

Wherrelz IT Solutions RHP

Wherrelz IT Solutions DRHP

Wherrelz IT Solutions Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR1.80
Price/Earnings (PE ratio): 69.14
Return on Net Worth (RONW): 20.59%
Net Asset Value (NAV): INR8.72 per share

Wherrelz IT Solutions IPO GMP Daily Trend

Date Wherrelz IT Solutions IPO GMPKostakSubject to Sauda

Wherrelz IT Solutions IPO Subscription – Live Updates

Shares Offered58,80058,8001,17,600
Day 11.431.021.22
Day 21.461.401.43
Day 31.482.261.87
Day 41.552.682.12
Subscription figures in number of times, at 5 PM

Wherrelz IT Solutions Public Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road Marol, Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Wherrelz IT Solutions Contact Details

Wherrelz IT Solutions Limited
Plot No. 15, Road 10
Sec -1, New Panvel East,
Navi Mumbai, Raigarh – 410 206
Phone: 9811221082
Email: [email protected]
Website: www.wherrelz.com

Wherrelz IT Solutions Offer Allotment Status

Wherrelz IT Solutions IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.

Wherrelz IT Solutions IPO Timetable

IPO Opening Date16 December 2021
IPO Closing Date21 December 2021
Finalisation of Basis of Allotment 24 December 2021
Initiation of refunds 27 December 2021
Transfer of shares to demat accounts 28 December 2021
Listing Date 29 December 2021
Opening Price on BSE INR173.05 per share (up 1.20% from IPO price)
Closing Price on BSE INR177.2 per share (up 3.63% from IPO price)

Wherrelz IT Solutions IPO FAQs

What are investors portions in Wherrelz IT Solutions public offer?

Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.

How to Apply in Wherrelz IT Solutions IPO?

The best way to apply in Wherrelz IT Solutions IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Wherrelz IT Solutions IPO size?

Wherrelz IT Solutions offer size is INR2.01 crore.

What is Wherrelz IT Solutions IPO Price Band?

Wherrelz IT Solutions IPO Price is INR171 per share.

What is the lot size of Wherrelz IT Solutions IPO?

Wherrelz IT Solutions offer lot size and the minimum order is 800 shares.

What is Wherrelz IT Solutions IPO GMP today?

Wherrelz IT Solutions IPO GMP today is NA per share.

What is Wherrelz IT Solutions kostak rate today?

Wherrelz IT Solutions IPO kostak rate today is NA per application.

What is Wherrelz IT Solutions Subject to Sauda rate rate today?

Wherrelz IT Solutions Subject to Sauda rate today is NA per application.


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