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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Voler Car Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹90
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,44,000
Issue Size
₹27 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.88%
Promoter Holding (Post-Issue)
67.87%
Issue Type
Book Building - SME
ISIN
INE241X01014
We are primarily engaged in providing employee transportation services (ETS) to large MNC's and corporate clients with presence across various major cities in India. Our ETS solutions cover comprehensive home to office to home transportation, supported by 24/7 customer service, dedicated location teams, and a fleet of verified vehicles and chauffeur-drivers. We manage a pooled fleet of over 2,500 vehicles, including small cars, sedans, SUVs, electric vehicles, buses, and tempo travellers. In the fiscal year 2023-24, we successfully completed approximately 3,23,550 trips, averaging over 884 trips per day. Meanwhile, in the fiscal year 2024-25 (upto November 30, 2024), we have completed around 2,84,039 trips, with a daily average exceeding 1,183 trips.
The corporate employee transportation service market size is predicted to reach US$ 49.33 billion in 2028 at a compounded annual growth rate (CAGR) of 8.3%. The growth in the corporate employee transportation service market is due to growing corporate office presence in the Asia-Pacific region is expected to hold the largest corporate employee transportation service market share. Indian Employee Transportation Service Market: The employee transportation service market, is estimated to have generated a revenue of Rs. 503.5 billion ($6.1 billion) as of C.Y. 2023, and it exhibits steady expansion growing in line with development of corporates such as IT, Global Capability Centers (GCC) segments etc. It is expected to grow at a CAGR of 11.8% to reach Rs. 1097.6 billion ($13.2 billion) revenue in C.Y.2030. This aligns with India's growing economy, the rise of the organized sector, and increasing employee expectations for convenient commutes. The ETS market caters primarily to corporates, particularly in tier-1 cities, with pricing models varying based on vehicle type, route distance, and service customization. Common models include per-employee, per-trip, and fixed monthly charges.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 30,00,000 equity shares of face value of Rs. 10/- each ("equity shares") of Voler Car Limited (the company or vcl or issuer) at an issue price of Rs. 90 per equity share (including a share premium of Rs. 80 per equity share) for cash, aggregating up to Rs. 27.00 crores (public issue) out of which 2,12,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating Rs. 1.92 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 27,87,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating up to Rs. 25.08 crores is hereinafter referred to as the net issue. The public issue and net issue will constitute 26.92 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 90 per equity share of face value of Rs. 10 each. The Floor price is 9 times the face value of the equity shares respectively. Bids can be made for a minimum of 1600 equity shares and in multiple of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated on June 24, 2010 under the name and style of amuna Travels Private Limited, a private limited company under the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, West Bengal. Pursuant to a resolution passed by the shareholders at their meeting held on April 07, 2015, the name of our Company was changed to `Voler Car Private Limited' and a Fresh Certificate of Incorporation dated April 20, 2015 was issued by Registrar of Companies, Kolkata. Subsequently, our Company was converted into a public Limited company pursuant to a resolution passed by our Shareholders at an Extraordinary General Meeting held on May 18, 2024 and consequently the name of our Company was changed to `Voler Car Limited' and a Fresh certificate of incorporation dated August 02, 2024 was issued by the Registrar of Companies Central Processing Centre. The Corporate Identification Number of our Company is U63040WB2010PLC150637.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.