Voler Car is primarily engaged in offering Employee Transportation Services (ETS) to IT and ITeS, corporates, and MNCs. It offers comprehensive ETS solutions including home to office to home transportation, dedicated location teams, a fleet of verified vehicles and chauffeur drivers. It mainly operates in Kolkata, Mumbai, Pune, Bhubaneshwar, Ahmedabad, and Delhi. The company manages a pooled fleet of 2,000+ vehicles, including cars, sedans, SUVs, EVs, buses, etc.
The IPO for Voler Car is scheduled to open on February 12, 2025, and will close on February 14, 2025. The price band for the Voler Car IPO is set between ₹85 and ₹90 per share. The allocation quotas are as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI).
The listing of the Voler Car IPO on the NSE is expected to take place on February 19, 2025. The allotment date for the IPO is February 17, 2025. In terms of financial performance, the company achieved a revenue of ₹31.45 crores in 2024, compared to ₹26.63 crores in 2023. Additionally, the company posted a profit of ₹4.17 crores in 2024, up from ₹2.02 crores in the previous year.
