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Voler Car IPO

₹1,36,000/1600 shares

Minimum Investment

IPO Details

Open Date

12 Feb 25

Close Date

14 Feb 25

Minimum Investment

1,36,000

Lot Size

1600

Price Range

85 to ₹90

Listing Exchange

NSE

Issue Size

27 Cr

Listing Date

19 Feb 25

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Voler Car IPO Timeline

Bidding Start

12 Feb 25

Bidding Ends

14 Feb 25

Allotment Finalisation

17 Feb 25

Refund Initiation

18 Feb 25

Demat Transfer

18 Feb 25

Listing

19 Feb 25

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About Voler Car Limited IPO

Voler Car Limited primarily provides employee transportation services (ETS) to IT/ITeS firms, large corporates, and MNCs across major Indian cities. Its ETS solutions offer seamless home-to-office-to-home transportation, supported by 24/7 customer service, dedicated teams, and a verified fleet. Operating an asset-light model, it sources most of its 2,000+ vehicles from vendors. In FY 2023-24, it completed approximately 3,23,550 trips, averaging 884 daily. Led by experienced promoters, the company integrates GPS tracking and third-party technology to ensure efficient, safe, and SLA-compliant corporate travel solutions.

IPO Strengths

  • Strong ties with IT and BPO clients, ensuring retention and high revenue contribution.
  • Presence in major cities, dedicated service teams, high safety standards, and GPS tracking.
  • Vendor-sourced fleet optimizing costs, maximizing revenue, and ensuring flexibility.
  • Led by industry experts with over 13 years of experience, driving growth.
  • Customer-centric approach enabling steady expansion while maintaining service quality.
  • Commitment to safety with trained drivers, timely pickups, and emergency response systems

Voler Car IPO Key Financials (in ₹ lakhs)

Particulars 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 1046.49 1115.36 1135.71
Revenue 3089.71 2396.07 2372.51
Profit After Tax 416.68 201.84 92.85
Reserves and Surplus 292.22 (124.46) (326.30)
Total Borrowings 118.85 379.89 554.91

Voler Car Limited Upcoming IPO Details

Category Details
Issue Type Book Built Issue IPO
Total Issue Size Fresh Issue: 30,00,000 shares (aggregating up to ₹27.00 Cr)

Offer for Sale: NA

Price Range ₹85 to ₹90 per share
Lot Size 1600 Shares
Face Value ₹10 per share
Listing Exchange SME, NSE
Pre-IPO Shareholding 81,43,527 shares
Post-IPO Shareholding 1,11,43,527 shares
Market Marker 2,12,800 shares (Wiinance Financial Services Private Limited)

Voler Car IPO Important Dates

IPO Activity Date
IPO Open Date 12 February 2025
IPO Close Date 14 February 2025
Basis of Allotment 17 February 2025
Refunds Initiation 18 February 2025
Credit of Shares to Demat 18 February 2025
Listing Date 19 February 2025

Voler Car IPO Lots

Application Lots Shares Amount
Retail (Min) 1 1600 ₹1,44,000
Retail (Max) 1 1600 ₹1,44,000
HNI (Min) 2 3200 ₹2,88,000

Voler Car IPO Lead Managers

Lead Managers
GYR Capital Advisors Private Limited

Voler Car Limited IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) 5.51
Price/Earnings (P/E) Ratio TBD
Return on Net Worth (RoNW) 135.70%
Net Asset Value (NAV) 4.06
Return on Equity 422.13%
Return on Capital Employed (ROCE) 132.01%
EBITDA Margin 18.64%
PAT Margin 13.49%
Debt to Equity Ratio 0.39

Voler Car IPO Peer Group Comparison

Particulars Total Income ( in Lakhs) P/E Ratio RoNW (%) Face Valu () EPS

(₹)

NAV ()
Voler Car Limited 3145.15 TBD 135.70% 10 5.51 4.06
Listed Peers
Wise Travel India Limited 41,408.15 21.82 15.62% 10 12.79 62.45
Shri OSFM E-Mobility Limited 24,959.87 24.10 15.24% 10 7.02 14.33

Objectives of the Proceeds

  • Funding of working capital requirement, ₹2038.25
  • Meet general corporate expenses

How to apply IPO with HDFC SKY?

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1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App

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