Voler Car IPO GMP Today, Date, Price, Subscription Status 

Voler Car IPO Overview

GYR Capital Advisors Private Limited is the book running lead manager of the Voler Car IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Voler Car IPO is Wiinance Financial Services Private Limited.

Refer to Voler Car IPO RHP for detailed information.

Voler Car IPO Important dates

Voler Car IPO opens on February 12, 2025, and closes on February 14, 2025.

IPO Open Date	Wednesday, February 12, 2025
IPO Close Date	Friday, February 14, 2025
Basis of Allotment	Monday, February 17, 2025
Initiation of Refunds	Tuesday, February 18, 2025
Credit of Shares to Demat	Tuesday, February 18, 2025
Listing Date	Wednesday, February 19, 2025
Cut-off time for UPI mandate confirmation	5 PM on February 14, 2025

Voler Car IPO Financial Performance

Voler Car IPO Key Performance Indicator

The market capitalization of Voler Car IPO is Rs 100.29 Cr.

KPI as of Sun, Mar 31, 2024.

Voler Car IPO Objectives

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

1. Funding working capital requirements of the Company
2. General Corporate Purposes.
3. IPO Issue expenses

Voler Car IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹1,44,000
Retail (Max)	1	1600	₹1,44,000
HNI (Min)	2	3,200	₹2,88,000
Lot Size Calculator

Voler Car IPO Details

IPO Date	February 12, 2025 to February 14, 2025
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹85 to ₹90 per share
Lot Size	1,600 Shares
Total Issue Size	30,00,000 shares (aggregating up to ₹27.00 Cr)
Fresh Issue	30,00,000 shares (aggregating up to ₹ 27.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share Holding Pre Issue	81,43,527 shares
Share Holding Post Issue	1,11,43,527 shares
Market Maker Portion	2,12,800 shares Wiinance Financial Services Private Limited

Voler Car IPO Company Overview and Services

Incorporated in 2010, Voler Cars Limited is engaged in the business of providing reliable and efficient employee transportation services (ETS) to large MNC’s and corporate clients.

The company offers comprehensive home-to-office transportation with 24/7 customer service, dedicated teams, and a fleet of over 2,500 vehicles, including cars, SUVs, electric vehicles, buses, and tempo travelers.

In FY 2023-24, the company completed approximately 3,23,550 trips, averaging over 884 trips daily.

The company operates in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, offering corporate transportation with vendor-sourced and leased vehicles, ensuring timely pick-ups and drop-offs per service level agreements (SLA).

The company integrates GPS tracking with third-party technology to manage corporate travel, handling reservations, tracking, incident response, and client SLAs through a unified system.

Services:

• Employee Transportation Services: The company offers Employee Transportation Services (ETS) in Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, and Ahmedabad, ensuring reliable home-to-office transportation with 24/7 operations for corporate clients.

As of December 31, 2024, the company has 774 Employees.

Competitive Strengths:

• Long-standing customer relationships
• Established brand built over years through operational excellence
• Asset-light business model
• Experienced Promoters supported by a management and execution team
• Scalable business model
• Quality assurance of their service

Voler Car IPO SWOT Analysis

Strengths:

• Established Brand and Reputation: Voler Car has been operating for over a decade and has built a strong reputation for reliable employee transportation services.
• Asset-Light Business Model: The company primarily uses vendor-sourced vehicles, reducing capital expenditure and providing flexibility.
• Long-Standing Customer Relationships: Voler Car has established relationships with large MNCs and corporate clients, ensuring a steady stream of business.
• Experienced Management Team: The promoters have extensive experience in the corporate and travel service industry.
• Technology Integration: The company utilizes GPS tracking and other technology solutions to optimize operations and efficiency.

Weaknesses:

• Dependence on Vendor Relationships: Reliance on third-party vehicle suppliers and chauffeurs makes the business vulnerable to disruptions or unfavorable contract changes.
• Customer Concentration Risk: A significant portion of revenue comes from long-standing customers; losing key clients could impact financial stability.     
  1. www.ipopremium.in
• Competition: The employee transportation service market is competitive, with other players offering similar services.
• Limited Geographic Diversification: The company primarily operates in major cities in India; further expansion could be challenging.

Opportunities:

• Growth in the Employee Transportation Sector: The demand for employee transportation services is expected to grow, driven by the expansion of IT/ITeS and other industries.
• Expansion into New Markets: Voler Car could expand its operations to new cities and regions in India.
• Adoption of Electric Vehicles: The company can leverage the growing trend of electric vehicles to offer sustainable transportation solutions and attract environmentally conscious clients.
• Strategic Partnerships: Collaborating with technology providers or other transportation companies could enhance service offerings and expand reach.

Threats:

• Economic Downturn: A slowdown in the economy could impact corporate spending on employee transportation services.
• Rising Fuel Prices: Fluctuations in fuel prices could affect operating costs and profitability.
• Regulatory Changes: Changes in government regulations related to transportation or labor laws could impact the business.
• Competition: Increasing competition from existing players or new entrants could put pressure on pricing and market share.
• Technological Disruption: Advancements in transportation technology, such as autonomous vehicles, could disrupt the traditional employee transportation model.

Voler Car IPO GMP Details

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Voler Car IPO Subscription Status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Voler Car IPO Allotment status 

Voler Car IPO allotment is expected on Monday, February 17, 2025.

Voler Car IPO allotment status is not available at this time. Voler Car IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Voler Car Limited IPO allotment status.

Voler Car IPO Contact Details

Voler Car Limited
22 Burtolla Street,
4th Floor,
Kolkata – 700007
Phone: +91 9147359888
Email: compliance@volercars.com
Website: https://volercars.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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