Voler Car Limited
Voler car Ltd is a leading provider of employee transportation services (ETS) to large multinational and corporate clients across major Indian cities. With a network of over 2,500 vendor-sourced vehicles—including EVs, sedans, SUVs, and buses—it offers reliable home-to-office commute solutions supported by 24/7 customer service and on-ground teams. Operating on an asset-light model, the company completed 3.23 lakh trips in FY 2023–24 and 2.84 lakh trips up to November 2024 in FY 2024–25, with daily trip volumes rising from 884 to over 1,183. The focus remains on efficient seat utilization and enhanced employee mobility.
Price Band₹85 - ₹90 |
Dates12 Feb - 14 Feb |
GMP₹0 (0.00%) |
Subscriptions13.73 times |
Issue Size₹27.00 Crs |
Voler Car IPO Objects
- Funding working capital requirements of our Company
- General Corporate Purposes
- IPO Issue expenses
Voler Car IPO Details
Price Band₹85 - ₹90 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹27.00 Cr (30,00,000 Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹27.00 Cr (0.30 Cr Shares) |
Face Value₹10 per equity share |
Voler Car IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,600
1,44,000
Maximum
1
1,600
1,44,000
|
|||
| NII |
Minimum
2
3,200
2,88,000
|
|||
Voler Car IPO Subscription
Updated as on 14-Feb-2025 19:00:18 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 9.34 | 5,56,800 | 52,03,200 |
| NII | 19.06 | 4,19,200 | 79,92,000 |
| Retail | 13.94 | 9,77,600 | 1,36,27,200 |
| Total | 13.73 | 19,53,600 | 2,68,22,400 |
Voler Car IPO GMP
The estimated Grey Market Premium of Voler Car IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 2,12,800 EQ Share |
Voler Car IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 21.50 | 30.90 | 23.96 | 23.73 |
| Profit after Tax | 2.49 | 3.56 | 1.99 | 0.79 |
| Net Worth | 10.93 | 3.21 | -0.35 | -2.34 |
| Total Borrowing | 0.39 | 1.19 | 3.80 | 5.55 |
| Total Assets | 18.33 | 10.99 | 11.90 | 12.13 |
| NAV per share (in ₹) | 13.42 | 4.25 | -0.46 | -3.10 |
| EPS - Basic (in ₹) | 3.05 | 4.71 | 2.63 | 1.04 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 19.31% |
| PAT | 11.53% |
| ROE | 249.01% |
| ROCE | 123.06% |
| Debt to Equity | 0.37 |
| PE Ratio | 19.11 |
| PB Ratio | 21.18 |
| Mkt Cap (in Crs.) | 100.29 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Voler Car IPO Peer Comparision
| Particulars | Co. | Wise Travel India | Shree OSFM E Mobility |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 30.90 | 410.60 | 118.19 |
| PAT (In Crs.) | 3.56 | 23.22 | 8.10 |
| EPS - Basic | 4.71 | 12.79 | 7.02 |
| NAV per share | 62.45 | 14.33 | 4.25 |
| RONW | 110.91% | 15.62% | 15.24% |
| EBITDA | 15.99% | 11.20% | 11.89% |
| PAT Margin | 11.53% | 5.66% | 6.86% |
| Price to earning (PE) | 19.11 | 14.07 | 16.77 |
| Debt to Equity | 0.37 | 0.18 | 0.21 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Voler Car IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 30.90 |
| PAT (In Crs.) | 3.56 |
| EPS - Basic | 4.71 |
| NAV per share | 62.45 |
| RONW | 110.91% |
| EBITDA | 15.99% |
| PAT Margin | 11.53% |
| Price to earning (PE) | 19.11 |
| Debt to Equity | 0.37 |
| Wise Travel India | Shree OSFM E Mobility |
|---|---|
| 410.60 | 118.19 |
| 23.22 | 8.10 |
| 12.79 | 7.02 |
| 14.33 | 4.25 |
| 15.62% | 15.24% |
| 11.20% | 11.89% |
| 5.66% | 6.86% |
| 14.07 | 16.77 |
| 0.18 | 0.21 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Vikas Parasrampuria | 73.93% |
| Pawan Parasrampuria | 18.79% |
| Other Promoter | 0.15% |
Management Details
| Name | Designation |
|---|---|
| Pawan Parasrampuria | Chairman & MD |
| Mr. Ankit Toshniwal, | CFO |
Company Details
Name : Voler Car Limited
Address : 22 Burtolla Street, 4th Floor, Kolkata - 700007, West Bengal, India.
Number : +91 9147359888
Email : compliance@volercars.com
Website : https://volercars.com/
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Voler Car IPO is a SME IPO having an issue size of Rs. ₹27.00 Crs. Voler Car IPO is priced at ₹85 - ₹90 per share. The issue opens on 12 Feb 25 and closes on 14 Feb 25.
Voler Car IPO opens on 12 Feb 25 and closes on 14 Feb 25.
The estimated Grey Market Premium of Voler Car IPO is ₹0 per share (0.00%).
The minimum lot size of Voler Car IPO is 1600 shares & the minimum application amount is Rs. 144000.
The allotment date of Voler Car IPO is 17 Feb 25.
The listing date of Voler Car IPO is 19 Feb 25.
Voler Car IPO is subscribed 13.73 times.
Voler Car IPO is priced at ₹85 - ₹90 per share.
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