ListedSMEWISETRAVEL

Wise Travel India Limited

Wise Travel India Limited is an SME IPO raising ₹95 Cr at ₹140 – ₹147 a share. It listed on 19 Feb 2024 and trades at ₹104 today, −29.6% against its issue price of ₹147. The exchanges never published a subscription figure for it.

Get alerts on this company Company page

₹147

Issue price

₹104

Price now

−29.6%

Since issue price

19 Feb 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹140 – ₹147

Cut-off price₹147

Issue size₹95 Cr

Shares per lot1000

Minimum application₹1,47,000

Minimum quantity1000

Face value₹10

Listing exchanges—

ISININE623Y01011

Bidding hours10:00 – 17:00 IST

Bidding window12 Feb 2024 – 14 Feb 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.