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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.
| 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 |
| 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) |
| 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 |
| 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 |
| Lead Managers |
| GYR Capital Advisors Private Limited |
| 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 |
| 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 |
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