247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Wherrelz IT Solutions Limited IPO (Wherrelz IT Solutions IPO) Details

Wherrelz IT Solutions Limited is an Information Technology - SaaS based company, located in Mumbai, Wherrelz IT Solutions Limited IPO size was 2.01 Cr. and was issued at 171.00 per share. The share of Wherrelz IT Solutions Limited were listed at 177.20 per share and are currently trading at 253.50 per share.

Type :
Sub Sector : IT Product Dev And Maintenance And ERP
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
0.28 Cr.

PAT :
0.60 Cr.

Pricing Report

Issue Price :
171.00

Listing Price :
177.20

Current Market Price :
253.50

Issue Price vs CMP :
82.5 (48.25%)

listing Price vs CMP :
76.3 (43.06%)

Performance Report (CAGR* wise)

CAGR : 13.7
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Wherrelz IT Solutions

Company Information
Wherrelz IT Solutions Limited, originally incorporated as "Wherrelz IT Solutions Private Limited" under the Companies Act, 2013 on December 19, 2014, transitioned to a public limited company following a special resolution passed on June 5, 2021. This change was formalized with a fresh Certificate of Incorporation issued on July 12, 2021. Promoted by Mr. Chaitanya Dhareshwar, with 16 years of experience, and Mrs. Sumanlata Dhareshwar, with 14 years of experience in networking, software design, quality assurance, and internet technology, the company operates in IT product development and consultancy. Along with its subsidiary, Infinitybeam IOT Labs Private Limited, it offers a spectrum of services including Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), E-Commerce, APIs, Cybersecurity, IoT, and cloud-based tools. These services are delivered through standard
Show More
Object of Issue
  • Working Capital Requirements
  • General Corporate Purposes

Wherrelz IT Solutions SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Dec, 2021
IPO Size :
2.01 Cr.
IPO Subscription :
2.25 X     
PE Multiple :
0.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Mumbai



AAA Technologies Limited

  Information security audit and consulting

  Mumbai


Peer Companies Of This Sector

FAQs

Wherrelz IT Solutions operates in Information Technology - SaaS and IT Product Dev And Maintenance And ERP. The Issue is listed on BSE SME in Dec, 2021. Wherrelz IT Solutions IPO size was 2.01 Cr. with Issue price of 171.00 .

Wherrelz IT Solutions IPO subscription was 2.25 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Wherrelz IT Solutions IPO listed at a listing price of 177.20 against the offer price of 171.00.

The current market price of Wherrelz IT Solutions is 253.50.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency