243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Voler Car Limited

Kolkata

Date of DRHP : 17 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Voler Car Basic Details

   Travel and Tourism

Sub Sector: engaged in providing employee transportation services (ETS) to IT/ITeS, large corporates and MNCs clients

Exchange:
NSE Emerge

About the Company

"Voler Car is primarily engaged in providing employee transportation services (ETS) to IT/ITeS, large corporates and MNCs clients with presence across various major cities in India. Voler Car ETS solutions cover comprehensive hometo-office-to-home transportation, supported by 24/7 customer service, dedicated location teams, and a fleet of verified vehicles and chauffeur-drivers. Voler Car 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 approximately about 3,23,550 trips averaging at more than 884 trips in a day. We operate largely on an asset-light model where the majority of company's vehicles are sourced from vendors rather than owned. This strategy allows us to maximize revenue by optimizing seat usage and enhancing overall employee mobility.
As on date company operate in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad with a fleet that includes both vendor-sourced and company leased vehicles. Our service offers a complete solution for corporate transportation needs, adhering to service level agreements (SLAs) to guarantee timely pick-ups and drop-offs.
Voler Car make it a priority not to drop off women passengers last, and if such a situation arises, we ensure that an escort is provided for their safety. Voler Car have integrated GPS tracking system into our services. Voler Car operation team handles reservations, operations, car tracking, incident response, and manage the client SLAs. The integration of our thirdparty technology with our GPS tracking system allows us to easily manage our client’s corporate travel requirements from a single integrated system. 

Financial Summary (Annualised Basis)

Revenue :
31.45 Cr.

PAT :
4.17 Cr.

Voler Car IPO Lead Manager(s)

GYR Capital Advisors Private Limited

Voler Car IPO Registrar

KFin Technologies Limited

Voler Car DRHP Details

Objects of issue

  • Funding working capital requirements of the company
  • General Corporate Purposes
  • IPO Issue expenses

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Voler Car Limited

 SME IPO

  Kolkata


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FAQs

Voler Car operates in Travel and Tourism and engaged in providing employee transportation services (ETS) to IT/ITeS, large corporates and MNCs clients. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Voler Car is Book Building Process and Object of issue is

  • Funding working capital requirements of the company
  • General Corporate Purposes
  • IPO Issue expenses

The DRHP (Draft Red Herring Prospectus) of Voler Car IPO was filed on 17 Sep 2024.

No, Voler Car IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Voler Car are not available now. You can apply in Voler Car IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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