WTi Cabs IPO GMP, Review, Price, Allotment

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Last updated on February 19, 2024

WTi Cabs IPO GMP

WTi Cabs IPO description – Incorporated in 2009, Wise Travel India (WTi) emerged as a leading force in India’s mobility sector. Since that time, its unwavering dedication has redefined urban mobility and transformed the nature of daily commutes. With India’s urban population growing at an annual rate of 2.5%, surpassing 400 million urban residents, the demand for advanced and environmentally conscious mobility solutions is crucial.

WTi is set to make its international debut by commencing operations in Dubai. During this period, 17 airport counters were established, providing travelers with seamless transportation services right from their point of arrival. Concurrently, as part of its commitment to the future of the industry and the company, WTi introduced a Management Trainee Program. This initiative aims to mold the next generation of Mobility Services leaders, ensuring the continuation of the brand’s ethos with the same passion.

Operating in Delhi NC, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Chandigarh, Ahmedabad, Guwahati, Jaipur, and Kolkata, the company serves esteemed clients such as Nokia, IndiGrid, Amazon, Microsoft, Tesco, Vedanta, Indigo, RBS, CocaCola, American Express, Renault, LinkediN, Hitachi, Cheli, Sapient, Panasonic, and more. Unleashing excellence across diverse sectors.

Wise Travel India IPO

Promoters of WTi Cabs – Mr. Ashok Vashist, Ms. Hema Bisht, and Mr. Vivek Laroia


WTi Cabs IPO Details

WTi Cabs IPO Dates12 – 14 February 2024
WTi Cabs Issue PriceINR 140 – 147 per share
Fresh issue6,441,000 shares (INR 90.17 – 94.68 crore)
Offer For SaleNIL
Total IPO size6,441,000 shares (INR 90.17 – 94.68 crore)
Minimum bid (lot size)1,000 shares (INR 147,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

WTi Cabs Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue42.2788.62249.60189.89
Expenses41.8184.79236.15175.34
Net income1.783.7510.2711.36
Figures in INR Crores unless specified otherwise

WTi Cabs Offer News


WTi Cabs Valuations & Margins

FY 2021FY 2022FY 2023
EPS1.092.315.91
PE ratio23.69 – 24.87
RONW (%)7.2313.2525.28
NAV15.1417.4523.39
ROCE (%)8.9617.5722.90
EBITDA (%)7.116.917.44
Debt/Equity 0.280.130.65
*Compiled by IPO Central from Prospectus

WTi Cabs IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
17 February 20245550,000
16 February 20245045,000
15 February 20245045,000
14 February 20247557,500
13 February 20247557,500
12 February 202410080,000
10 February 2024135105,000
9 February 2024130105,000
8 February 2024125102,000
7 February 202411082,500
6 February 20248562,700
5 February 20249068,000
3 February 20248260,000
2 February 20248060,000

WTi Cabs IPO Subscription – Live Updates

CategoryQIBNIBRetailEmployeeTotal
Shares Offered1,191,000894,0002,084,00049,0004,218,000
14 Feb 2024106.69376.05108.7626.65163.87
13 Feb 20247.0518.1118.375.0214.96
12 Feb 20240.023.587.061.734.27

The market maker reservation portion of 4,38,000 shares is not included in the above calculations.


WTi Cabs IPO Allotment Status

WTi Cabs IPO allotment status is now available on the Beetal Financial & Computer Services website. Click on this link to get allotment status.


WTi Cabs IPO Dates & Listing Performance

IPO Opening Date12 February 2024
IPO Closing Date14 February 2024
Finalization of Basis of Allotment15 February 2024
Initiation of refunds16 February 2024
Transfer of shares to demat accounts16 February 2024
IPO Listing Date19 February 2024
Opening Price on NSE SMEINR 195 per share (up 32.65%)
Closing Price on NSE SMEINR 204.75 per share (up 39.29%)

WTi Cabs Offer Lead Manager

SHARE INDIA CAPITAL SERVICES PVT. LTD.
A-15, Sector-64,
Noida –201301, UP, India
Phone: 
+91-0120-4910000
Email: 
[email protected]
Website: 
www.shareindia.com


WTi Cabs Offer Registrar

BEETAL FINANCIAL & COMPUTER SERVICES (P) LIMITED
3rd Floor, Beetal House, 99,
behind Local Shopping Centre, Madangir
Village, Madangir, New Delhi, Delhi 110062
Tel: 011-2996 128 011-29961281-83/26051061/260510641
E-mail: [email protected] / [email protected]
Website: www.beetalfinancial.com


WTi Cabs IPO Contact Details

WISE TRAVEL INDIA LIMITED
D-21, Corporate Park, 3rd Floor,
Near Sector-8 Metro Station,
Sector-21, Dwarka- 110075
Phone: +91-11-45434542
E-mail: [email protected]
Website: www.wticabs.com


IPO FAQs

What is the WTi Cabs offer size?

WTi Cabs offer size is INR 90.17 – 94.68 crores.

What is the WTi Cabs offer price band?

WTi Cabs public offer price is INR 140 – 147 per share.

What is the lot size of the WTi Cabs IPO?

WTi Cabs offer lot size is 1,000 shares.

What is WTi Cabs IPO GMP today?

WTi Cabs IPO GMP today is INR 55 per share.

What is the WTi Cabs kostak rate today?

WTi Cabs kostak rate today is NA per application.

What is WTi Cabs Subject to Sauda rate today?

WTi Cabs are Subject to the Sauda rate today is INR 50,000 per application.

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