Wherrelz IT Solutions Limited IPO
BSE SME₹136,800 / 800 Shares
Wherrelz IT Solutions Limited IPO Details
The Wherrelz IT Solutions Limited IPO price band is set between ₹171 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 16 Dec, 2021 and closes on 21 Dec, 2021. Investors can check the allotment status on 24 Dec, 2021, while the listing date is tentatively scheduled for 29 Dec, 2021.
The total issue size is 117,600 Eq Shares of ₹10, aggregating up to ₹2.01 Cr. Stay tuned for the latest Wherrelz IT Solutions Limited IPO review and GMP updates.
Wherrelz IT Solutions Limited IPO Review, Rating & Analysis
Wherrelz IT Solutions Limited IPO Review
NO REVIEWWherrelz IT Solutions Limited IPO Rating
Wherrelz IT Solutions Limited IPO Highlights
IPO Date
Dec 16, 2021 - Dec 21, 2021
Listing Date
29 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
₹171 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Wherrelz IT Solutions Limited IPO Lot Size
The minimum market lot for Wherrelz IT Solutions Limited IPO is 800 shares with an application amount of ₹1,36,800. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,36,800 |
| Retail (Max) | 1 | 800 | ₹1,36,800 |
| S-HNI (Min) | 2 | 1600 | ₹2,73,600 |
| S-HNI (Max) | 7 | 5600 | ₹9,57,600 |
| B-HNI (Min) | 8 | 6400 | ₹10,94,400 |
Wherrelz IT Solutions Limited IPO Timeline
Issue Price
₹171 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr)Wherrelz IT Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 0.09 | 0.20 | 0.01 | - | - | - |
| 31 Mar 20 | 0.08 | 0.22 | 0.03 | - | - | - |
| 31 Mar 19 | 0.08 | 0.20 | 0.01 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Chaitanya Dhareshwar
- Mrs. Sumanlata Dhareshwar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 29.41% | 20.53% |
About Company
Incorporated in 2014, Wherrelz IT solutions and its subsidiary Infinitybeam IOT Labs Private Limited is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Cyber Security, Internet of Things (IoT), cloud-based tools, etc through standard software development model or customized software development model depending upon the requirement of the clients.
Wherrelz IT Solutions Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 55,200 | 55,200 | 110,400 |
Day 1 -16-12-21 06:00 PM | 1.52 x | 1.09 x | 1.30 x |
Day 2 -17-12-21 06:00 PM | 1.55 x | 1.49 x | 1.52 x |
Day 3 -20-12-21 06:00 PM | 1.58 x | 2.41 x | 1.99 x |
Day 4 -21-12-21 06:00 PM | 1.65 x | 2.86 x | 2.25 x |
Frequently Asked Questions about Wherrelz IT Solutions Limited IPO IPO
When will Wherrelz IT Solutions Limited IPO open for subscription?
The Wherrelz IT Solutions Limited IPO opens on 16 Dec, 2021 and closes on 21 Dec, 2021.
What is the investors portion for Wherrelz IT Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 55200.
How to apply for Wherrelz IT Solutions Limited IPO?
You can apply for Wherrelz IT Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Wherrelz IT Solutions Limited IPO?
The issue size of Wherrelz IT Solutions Limited IPO is approx ₹117,600 Eq Shares of ₹10(aggregating up to ₹2.01 Cr) crores.
What is the price band of Wherrelz IT Solutions Limited IPO?
The price band for Wherrelz IT Solutions Limited IPO is ₹171 per equity share to ₹undefined.
What is the lot size of Wherrelz IT Solutions Limited IPO?
The minimum bid (lot size) for Wherrelz IT Solutions Limited IPO is N/A shares with an investment of approx ₹136,800 .
What is the allotment date of Wherrelz IT Solutions Limited IPO?
The allotment date for Wherrelz IT Solutions Limited IPO is 24 Dec, 2021.
What is the listing date of Wherrelz IT Solutions Limited IPO?
The listing date for Wherrelz IT Solutions Limited IPO is expected to be 29 Dec, 2021.
What is the GMP of Wherrelz IT Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Wherrelz IT Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.