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Issue Open Date
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12-Feb-25
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Issue Closing Date
|
14-Feb-25
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Application Money
|
100
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Allotment Money
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|
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|
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Price Band
|
85
-
90
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Minimium Application No.
|
1600
|
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Issue Size (Shares)
|
2166400
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Market Lot
|
1
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|
|
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Objective
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1. Funding working capital requirements of our Company; and2. General Corporate Purposes.3. IPO Issue expenses
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|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
|
7992000
|
|
Qualified Institutional Buyers
|
|
5203200
|
|
Retail Individual Investors
|
|
13627200
|
|
|
|
|
Business Description
We are primarily engaged in providing employee transportation services (ETS) to IT/ITeS, large corporates andMNCs clients with presence across various major cities in India. Our ETS solutions cover comprehensive hometo-office-to-home transportation, supported by 24/7 customer service, dedicated location teams, and a fleet ofverified vehicles and chauffeur-drivers. We manage a pooled fleet of over 2,000 vehicles, including small cars,sedans, SUVs, electric vehicles, buses, and tempo travellers. In F.Y. 2023-24, we have completed approximatelyabout 3,23,550 trips averaging at more than 884 trips in a day.
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|
Promoter's Holding
|
|
Total Share Capital
|
7563657
|
|
Offered to Public
|
3100000
|
|
Promoter's Holding (Pre-Issue)
|
92.88
|
|
Promoter's Holding (Post-Issue)
|
67.87
|
|
|
|
|
|
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Address |
22 Burtolla Street 4th Floor
Kolkata,
West Bengal,
700007
Phone : 9147359888
Email : compliance@volercars.com
Website : https://volercars.com/
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|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
NSE
|
|
Lead Manager |
GYR Capital Advisors Pvt Ltd.
|
|
Promoters |
Pawan Parasrampuria Vikas Parasrampuria
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|