Business Standard

Wise Travel India Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

94.68 cr

Price Range (₹)

147

Lot Size

1000

Min Investment (₹)

1,47,000.00

Listing Exchange

NSE - SME

Open Date

12-Feb-2024

Close Date

14-Feb-2024

Listing Date

19-Feb-2024

Wise Travel India Ltd News

    The Shares of Wise Travel India Ltd have now been listed.

    Wise Travel India Ltd IPO Details

    Initial public issue of 64,41,000 equity shares of face value of Rs. 10/- each of Wise Travel India Limited (WTI or The Company) for cash at a price of Rs. 147 per equity share (including a share premium of Rs. 137 per equity share) (Issue Price) aggregating to Rs. 94.68 crores, of which 4,38,000 equity shares of face value of Rs. 10/- each at a price of Rs. 147 aggregating to R. 6.44 crores will be reserved for subscription by market maker (Market Maker Reservation Portion) and net issue to public of 59,54,000 equity shares of face value of Rs. 10/- each at a price of Rs. 147 aggregating to Rs. 87.52 crores (hereinafter referred to as the Net Issue) the issue and the net issue will constitute 27.050 % and 25.004% respectively of the post issue paid up equity share capital of the company.This issue includes a reservation of up to 49,000 equity shares aggregating to Rs. 0.72 crores (constituting 0.206% of the post issue paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion).

    Objective of issue

    To meet working capital requirement. General corporate purposes.

    Wise Travel India Ltd Contact Details

    Wise Travel India Ltd, Beetal House 99, Madangir Behind LSC, Nr Dada Harsukhdar, Delhi - 110062

    Phone - 91-011-29961281

    Fax -

    Email - cs@wti.co.in

    Website - www.wticabs.com