Wise Travel India Limited

About the company

## **About  Wise Travel India Limited** Wise Travel India Limited, established in 2009, has witnessed significant growth and success in recent years, largely fueled by the widespread adoption of the internet globally. This surge in internet usage has greatly benefited sectors such as mobility services and vehicle rentals, bolstering the company's business operations. The convenience of online booking, transparent pricing, comfortable travel experiences, punctual arrivals, and seamless payment options have emerged as key drivers propelling markets like shared mobility and employee mobility services on a global scale. As the transportation industry continues to flourish in the digital realm, it stands as a cornerstone of the burgeoning digital economy. In this hypercompetitive landscape, the ability to swiftly address customer concerns and resolve issues has become paramount for businesses aiming to thrive. Wise Travel India Limited recognizes the crucial role of the internet in its operations, with a particular emphasis on catering to the needs of a diverse clientele spread across multiple cities. The company's commitment to leveraging technological advancements in transportation, including features like live tracking, cashless payments, cancellations, and real-time vehicle monitoring, underscores its dedication to enhancing the customer experience. Moreover, the advent of global IT advancements and the evolution of various technology sectors have necessitated flexible working models, presenting abundant opportunities for associated businesses and job creation. Wise Travel India Limited prides itself on its sterling reputation, built on a foundation of exceptional service delivery and client satisfaction. Through a steadfast focus on understanding and addressing customer needs, the company has cultivated strong, enduring relationships with its clientele, fostering repeat business and driving customer loyalty. By nurturing these existing customer relationships, Wise Travel India Limited not only ensures customer retention but also gains a competitive edge in acquiring new clients and expanding its business footprint. In essence, the company's unwavering commitment to customer-centricity serves as a cornerstone of its enduring success in the dynamic Travel Services Industry. As Wise Travel India Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives As Wise Travel India Limited prepares for its highly anticipated Initial Public Offering (IPO), the company has meticulously outlined the strategic allocation of proceeds from the Fresh Issue to ensure optimal utilization and sustainable growth. 1. To Meet Working Capital Requirement 1. General Corporate Purpose 1. To Meet the Issue Expenses Here are key details about the Wise Travel India Limited IPO: Company Name| **Wise Travel India Limited**|  | Wise Travel India Limited IPO Opening Date| **February 12, 2024** ---|---|---|---|--- Company Established On|**2009**Wise Travel India Limited IPO Price band|**₹140 to ₹147 per share** ###  

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Feb 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   14 Feb 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   14 Feb 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   16 Feb 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   15 Feb 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   19 Feb 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.