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IPO · Mobility & Logistics

Voler Car Ltd listed on NSE SME after raising ₹27 crore in IPO

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Voler Car Ltd logo
Date
Company
Voler Car Ltd
What it does
employee transportation services
Kind
IPO
Amount
₹27.00 crore
Stage
listed
Based in
Hyderabad
Founded
2010
Sector
Mobility & Logistics

What they do

Voler Car Ltd provides employee transportation services, including electric vehicles and E2E client solutions

What happened

The company raised ₹27 crore through an IPO in February 2025, with shares priced at ₹90 each

Why it matters

The IPO was listed on the NSE SME on 19 February 2025, with a public issue portion of 26.92% of the post-issue paid-up equity share capital

The details

  • Voler Car Ltd raised ₹27 crore through an IPO in February 2025, with shares priced at ₹90 each.
  • The IPO included a market maker reservation portion of ₹1.92 crore and a net issue of ₹25.08 crore.
  • The public issue portion accounted for 26.92% of the post-issue paid-up equity share capital.
  • The IPO was listed on the NSE SME on 19 February 2025.
  • The company offers employee transportation services, including electric vehicles and E2E client solutions.

The bigger picture

  • The IPO aimed to fund working capital requirements and general corporate purposes.
  • The company is headquartered in Hyderabad and operates across India.

About the business

  • Voler Car Ltd provides employee transportation services across India.
  • The company offers a range of vehicles, including sedans, SUVs, EVs, buses, and tempo travellers.
  • It partners with major automobile brands such as Maruti Suzuki, Toyota, and Tata Motors.
  • The company has a fleet of over 2000 vehicles and serves more than 100 clients.
  • Voler Car Ltd has a presence in six cities across India.

The deal

Type
ipo

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