Introducing Wise Travel India IPO: A Golden Opportunity for Investors! 💼
1. Mark your calendars! The highly anticipated Wise Travel India IPO is now open for subscription and will continue until 14th February. 📅
2. Wise Travel India aims to raise a whopping ₹94.6 crores through this SME IPO, making it an exciting investment opportunity. 💰
3. The IPO will consist of 64.4 lakh new shares, with a price band set at ₹140-147 per share. The lot size is 1,000 shares, requiring a minimum investment of ₹1,47,000. 💼
4. Listing details: The IPO is reserved for 50% institutional buyers, 35% retail investors, and the remaining 15% for non-institutional investors. The final allotment of shares will be announced on 15th February. 📊
5. Wise Travel India’s shares are expected to be listed on the NSE SME platform on 19th February, offering investors an opportunity for potential growth and profitability. 💹
6. Utilization of funds: The proceeds from the IPO will be utilized for working capital requirements, general corporate purposes, and meeting ongoing expenses. Share India Capital is serving as the lead manager for this IPO, with Beetle Financial and Computer Services acting as the registrar. 💼
7. Impressive financials: Wise Travel India has achieved a revenue of ₹190 crores and a net profit of ₹11.32 crores for the period ending September 2023, showcasing its strong financial performance. 💪
8. Don’t miss out on this golden opportunity to invest in Wise Travel India IPO! Stay ahead of the curve and make your financial dreams a reality. 💼💸
9. Wise Travel India IPO is set to revolutionize the travel industry, offering investors a chance to be a part of its success story. Get ready to embark on a profitable journey with Wise Travel India! ✈️💼
Invest wisely, invest in Wise Travel India IPO! 🚀💰
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
