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Here are the important dates you need to know in order to participate in this IPO
Offer Start Date
12th Feb
Offer End Date
14th Feb
Allotment Date
17th Feb
Refund Initiation
18th Feb
Demat Transfer
18th Feb
Listing Date
19th Feb
Incorporated in 2010, Voler Cars Limited is a leading provider of employee transportation services (ETS), catering to large multinational corporations (MNCs) and corporate clients. The company specialises in offering seamless home-to-office-to-home transportation solutions, ensuring a safe, comfortable, and reliable commute for employees. Supported by 24/7 customer service, dedicated teams at multiple locations, and a verified fleet, Voler Cars has established itself as a trusted name in the corporate mobility space. The company’s technology-driven approach ensures smooth operations, enabling businesses to meet their workforce transportation needs efficiently.
Voler Cars operates a fleet of over 2,500 vehicles, including small cars, sedans, SUVs, electric vehicles, buses, and tempo travellers, ensuring flexibility in transport solutions. In FY 2023-24, the company successfully completed approximately 3,23,550 trips, averaging more than 884 daily trips. With a presence in key business hubs such as Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, the company plays a significant role in providing reliable corporate travel solutions. By integrating GPS tracking with third-party technology, Voler Cars enables real-time tracking, incident response, and compliance with strict service level agreements (SLAs).
Operating on an asset-light model, Voler Cars primarily sources its vehicles from vendors rather than owning them, allowing for optimised revenue generation and operational flexibility. This approach enhances seat utilisation and maximises efficiency while keeping operational costs in check. The company’s focus on innovation, technology, and scalability positions it as a leader in the evolving corporate transportation sector. With increasing demand for convenient and technology-backed employee transportation solutions, Voler Cars is well-positioned for growth, making its IPO a compelling opportunity for investors looking to tap into the expanding corporate mobility market.
| Pre-Issue | Post-Issue | |
|---|---|---|
| Promoter Group | 92.88% | 67.87% |
| Public Group | 7.12% | 32.13% |
| QIB Shares Offered | 5,56,800 (18.56%) |
| NII (HNI) Shares Offered | 4,19,200 (13.97%) |
| Retail Shares Offered | 9,77,600 (32.59%) |
| Anchor Investor Shares Offered | 8,33,600 (27.79%) |
| Total Shares Offered | 30,00,000 |
| Total Shares With Anchor Investor | 30,00,000 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹1,44,000 |
| Retail (Max) | 2 | 1,600 | ₹1,44,000 |
| S HNI (Min) | 3 | 2,400 | ₹2,16,000 |
| S HNI (Max) | 13 | 10,400 | ₹9,36,000 |
| B HNI (MIN) | 14 | 11,200 | ₹10,08,000 |
| Bid Date | February 11, 2025 |
| KFin Techologies Ltd | |
|---|---|
| Phone Number | +91 40 6716 2222 |
| Email Id | einward.ris@kfintech.com |
| Website | www.kfintech.com |
1. GYR Capital Advisors Pvt Ltd
| March 31, 2025 | March 31, 2024 | March 31, 2023 | |
|---|---|---|---|
| Net Worth | ₹37.03 Cr | ₹2.91 Cr | ₹-1.1 Cr |
| Reserves and Surplus | ₹25.89 Cr | ₹2.76 Cr | ₹-1.24 Cr |
| Total Borrowing | ₹0 Cr | ₹1.19 Cr | ₹3.8 Cr |
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Global Employee Transportation Service Market
Expected to reach US$ 49.33 billion by 2028.
Predicted CAGR of 8.3%.
Growth driven by expanding corporate offices, especially in the Asia-Pacific region, which is expected to hold the largest market share.
Indian Employee Transportation Service Market
Revenue in CY2023: ₹503.5 billion ($6.1 billion).
Expected to grow at a CAGR of 11.8%, reaching ₹1097.6 billion ($13.2 billion) by CY2030.
Growth fuelled by corporate expansion in IT, Global Capability Centers (GCC), and organised sectors.
Aligns with India’s economic growth and rising employee expectations for seamless transportation solutions.
Voler Car Ltd IPO is a SME IPO of 30,00,000 equity shares of a face value of ₹10 aggregating up to ₹27 Crores. The issue is priced at ₹85 to ₹90 per share. The minimum order quantity is 800 Shares. The IPO opens on February 12, 2025, and closes on February 14, 2025. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.
The Voler Car Ltd IPO opens on February 12, 2025 and closes on February 14, 2025.
Voler Car Ltd lot size is 800 shares, and the minimum amount required is ₹1,44,000.
You can apply in Voler Car Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:
The finalization of Basis of Allotment for Voler Car Ltd IPO will be done on February 17, 2025, and the allotted shares will be credited to your demat account by February 18, 2025.
The Voler Car Ltd listing date is February 19, 2025.
The registrar of Voler Car Ltd IPO is KFin Techologies Ltd
GYR Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.
The fresh issue size is ₹27 Crores equity shares.
Retail investors can subscribe to a minimum of one lot, 800 shares and ₹1,44,000 amount.
To apply for Voler Car Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.
The price of each Voler Car Ltd share will be ranging in between ₹85 to ₹90 per share.
The cut-off time for the UPI mandate confirmation is 5:00 PM, February 14, 2025.
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