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  3. Voler Car IPO
Voler Car logo

Voler Car

Listed
Listed

IPO Timeline

Issue open date

12 Feb 2025

Issue close date

14 Feb 2025

UPI mandate deadline

14 Feb 2025

Allotment finalization

17 Feb 2025

Refund initiation

18 Feb 2025

Share credit

18 Feb 2025

Listing date

19 Feb 2025

Mandate end date

1 Mar 2025

Lock-in end date for anchor investors (50%)

19 Mar 2025

Lock-in end date for anchor investors (remaining)

18 May 2025

Key Dates

Open
12 Feb 2025
Close
14 Feb 2025
Listing
19 Feb 2025

Quick Stats

Issue Size:27cr
Lot Size:1600 shares

About the Company

Voler Car specializes in providing employee transportation services (ETS) to IT/ITeS companies, large corporates, and MNCs across major Indian cities. The company offers a comprehensive home-to-office transportation solution, supported by a 24/7 customer service, dedicated teams, and a fleet of over 2,500 verified vehicles including electric and various other types. Operating on an asset-light model, Voler Car uses primarily vendor-sourced vehicles, enhancing mobility and optimizing revenue through seat usage. The service guarantees timely transportation under strict service level agreements, with additional safety measures like escort services for women. Voler Car is well-positioned for growth in the corporate transport sector.

Strengths

  • Specializes in employee transport for IT and corporate sectors.
  • Large fleet with advanced tracking enhances service capability.
  • Operates across major cities, broadening market reach.
  • 24/7 customer support ensures high service reliability.
  • Asset-light model promotes operational flexibility.

Risks

  • Dependence on corporate clients may cause revenue volatility.
  • Regulatory changes could increase costs and affect compliance.
  • Asset-light model may impact service quality control.
  • Disruptions in GPS technology could degrade service reliability.
  • Intense competition could pressure pricing and margins.

Voler Car IPO – Frequently Asked Questions

  • The price band for the Voler Car IPO is set at ₹85 to ₹90 per share.
  • The Voler Car IPO opens on February 12, 2025 and closes on February 14, 2025.
  • The tentative listing date for the Voler Car IPO is February 19, 2025.
  • You can apply for the Voler Car IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Voler Car, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Voler Car IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).