Voler Car IPO Allotment Status

Summary

Voler Cars Limited, established in 2010, specializes in providing employee transportation services (ETS) to major corporate clients. With operations across Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, and Ahmedabad, the company manages over 2,500 vehicles and completed approximately 3,23,550 trips in FY 2023-24. Their comprehensive service includes 24/7 customer support, GPS tracking integration, and a team of 774 employees as of December 2024.

Voler Car IPO comes with a total issue size of ₹27.00 crore, which is entirely a fresh issue of 30.00 lakh shares. The IPO opened on February 12, 2025, and closed on February 14, 2025. The allotment date for the Voler Car IPO is expected to be finalized on Monday, February 17, 2025.
 

Steps to Check Voler Car IPO Allotment Status on Registrar Site

• Visit Kfin Technologies Limited website
• Select "Voler Car IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Voler Car IPO Allotment Status on BSE/NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Voler Car IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Voler Car IPO Subscription Status 

Voler Car IPO received strong investor interest, being subscribed 13.62 times overall. Here is a category-wise breakdown of the subscription as of 6:55:00 PM on February 14, 2025:

• Retail Category: 13.94 times
• Qualified Institutional Buyers (QIB): 9.34 times
• Non-Institutional Investors (NII): 18.56 times

As of 6:55:00 PM
 

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Working Capital: Funding working capital requirements
• General Corporate Purposes: Supporting various business initiatives
• Issue Expenses: Meeting IPO-related expenses

Voler Car IPO - Listing Details 

The shares are scheduled to list on February 19, 2025, on NSE SME. The strong subscription rate of 13.62 times demonstrates significant investor interest in Voler Car's business model and growth prospects. The company has shown steady financial performance with revenue of ₹21.58 crore and profit after tax of ₹2.49 crore for the period ended September 30, 2024. Their asset-light business model, established brand, and long-standing customer relationships position them in the corporate transportation sector, though investors should note the competitive nature of the industry.