IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Wise Travel India IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Travel And Tourism sector. Share India Capital Services is the merchant banker of Wise Travel India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th November 2023.
Wise Travel India IPO open date is 12th February 2024 and close date is 14th February 2024. IPO Allotment Date is 15th February 2024 and Listing date is 19th February 2024.
IPO
Size:
₹ 94.68 Cr.
Avg IPO Size (Sector Based)
: ₹
17.39 cr.
Sector: Travel And Tourism
SME
IPO so far:
8
Merchant Banker:
Share India
SME
IPO by BRLM so far:
17
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
380.34
cr. 
PE
Ratio:
15.45x
Average Sector PE Ratio: 12.87x
Wise Travel India IPO size is ₹ 94.68 Cr. with IPO price of ₹ 147.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Share India Capital Services Private Limited is the book-running lead manager of the Wise Travel India IPO. Beetal Financial & Computer Services (P) Limited is the Registrar and Market Maker is Share India Securities Limited for Wise Travel India IPO.
Wise Travel India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Nova Global Opportunities | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| Rajasthan Global Securities | 1,032,000.00 | ₹ 147.00 | ₹ 151,704,000.00 |
| LRSD Securities Private | 205,000.00 | ₹ 147.00 | ₹ 30,135,000.00 |
| Silver Stallion Limited | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| Vikasa India EIF | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| Zeal Global Opportunites | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
Wise Travel India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Wise Travel India IPO, based in New Delhi, operates in the Travel And Tourism sector with a focus on corporate transport service provider. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Wise Travel India IPO size is ₹ 94.68 Cr. with fresh issue size of ₹ 94.68 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Wise Travel India IPO is expected to be 15th February 2024, after the finalization of basis of allotment. Investors can check Wise Travel India IPO allotment status on the registrars website, Beetal Financial & Computer Services (P) Limited. Wise Travel India IPO refund dates are 16th February 2024.
Wise Travel India IPO is expected to be listed on 19th February 2024.
The upper price band for the Wise Travel India IPO is set at ₹ 147.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Wise Travel India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Wise Travel India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th February 2024. After submission, funds are blocked until the basis of allotment of Wise Travel India IPO is finalised.
The merchant banker for Wise Travel India IPO is Share India Capital Services Private Limited . Share India Capital Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Wise Travel India IPO RHP for further details.
The registrar for Wise Travel India IPO is Beetal Financial & Computer Services (P) Limited. Investors can go to Beetal Financial & Computer Services (P) Limited registrar website for IPO allotment status, refund processing, and other queries related to Wise Travel India IPO through their official website or helpline.
Wise Travel India IPO was subscribed 163.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 94.68 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.39 Cr.
Sector: Travel And Tourism
SME
IPO so far:
8
Merchant Banker:
Share India
SME
IPO by BRLM so far:
17
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 380.34 cr.
PE
Ratio:
15.45x
Average Sector PE Ratio: 12.87x
Wise Travel India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Wise Travel India Financial Review Page
Merchant Banker(s) of Wise Travel India IPO: Share India Capital Services Private Limited
Wise Travel India IPO subscription was 163.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Wise Travel India IPO listed at a listing price of 204.75 against the offer price of 147.00.
The current market price of Wise Travel India is 145.90.
Why Us?
