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IPO Synopsis

Voler Car Ltd
Initial public offer of upto 30,00,000 equity shares of face value of Rs. 10/- each ("equity shares") of Voler Car Limited (the company or vcl or issuer) at an issue price of Rs. 90 per equity share (including a share premium of Rs. 80 per equity share) for cash, aggregating up to Rs. 27.00 crores (public issue) out of which 2,12,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating Rs. 1.92 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 27,87,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating up to Rs. 25.08 crores is hereinafter referred to as the net issue. The public issue and net issue will constitute 26.92 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 90 per equity share of face value of Rs. 10 each. The Floor price is 9 times the face value of the equity shares respectively. Bids can be made for a minimum of 1600 equity shares and in multiple of 1600 equity shares thereafter.
Issue
Opens On Closes On
12-Feb-25 14-Feb-25
Money Payable On
Application Allotment
90.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 24.03 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 27.00  
Post Issue Equity Share Capital (.Cr) 11.14
Issue Price () 90.00
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Vikas Parsrampuria
Pawan Parasrampuria
Shreya Parasrapuria
Listing At
NSE - SME
Registrar to the Issue
KFin Techologies Ltd