Wherrelz IT Solutions Limited IPO

Wherrelz IT Solutions Limited IPO Review

Wherrelz IT Solutions and its subsidiary Infinity beam IOT Labs Private Limited, founded in 2014, are in the business of developing and maintaining web-centric, multi-spectrum IT products, as well as providing IT consulting. The company offers 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, and so on, using either a standard software development model or a customized software development model based on the clients’ needs.

IPO Opening DateDec 16, 2021
IPO Closing DateDec 21, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹171 per equity share
Market Lot800 Shares
Min Order Quantity800 Shares
Listing AtBSE SME
Issue Size117,600 Eq Shares of ₹10
(aggregating up to ₹2.01 Cr)
Fresh Issue117,600 Eq Shares of ₹10
(aggregating up to ₹2.01 Cr)
ParticularsFor the year/period ended (₹ in Lakhs)
 30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Total Assets18.659.018.127.81
Total Revenue7.4320.4722.1220.13
Profit After Tax– 15.381.443.161.24

Earnings Per Share (EPS): INR1.80
Price/Earnings (PE ratio): 69.14
Return on Net Worth (RONW): 20.59%
Net Asset Value (NAV): INR8.72 per share

Listing Performance of Wherrelz IT Solutions Limited IPO

Listed On : Dec 29, 2021  

Issue Price : 171

Listing Day Close : 177.2

Listing Day Gain : 3.63%

NSE : NA

ISIN CODE : INE0IM001015

BSE : 543436

IPO Open DateDec 16, 2021
IPO Close DateDec 21, 2021
Basis of Allotment DateDec 24, 2021
Initiation of RefundsDec 27, 2021
Credit of Shares to Demat AccountDec 28, 2021
IPO Listing DateDec 29, 2021

Wherrelz IT Solutions Limited
Plot No. 15, Road 10, Sec -1,
New Panvel East,
Navi Mumbai, Raigarh – 410 206
Phone: +91 9811221082
Email: official@wherrelz.com
Website: https://wherrelz.in/

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

CategoryNon-retailRetailTotal
Shares Offered58,80058,8001,17,600
Day 11.431.021.22
Day 21.461.401.43
Day 31.482.261.87
Day 41.552.682.12

Wherrelz IT Solutions Limited IPO FAQ's

Wherrelz IT Solutions Limited IPO is a SME IPO of ₹171 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 117,600 Eq Shares of ₹10 (aggregating up to ₹2.01 Cr).
The fresh issue size is priced at 117,600 Eq Shares of ₹10 (aggregating up to ₹2.01 Cr).
The initial public offering (IPO) begins on Dec 16, 2021 and ends on Dec 21, 2021.
The minimum order quantity is 800 Shares and Market Lot size is 800 shares.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE, SME.

The Wherrelz IT Solutions Limited IPO opening date is 16 Dec, 2021 and closing date is 21 Dec, 2021.

Wherrelz IT Solutions Limited IPO Market lot size is 800 Shares and the minimum order quantity is 800 Shares

The Basis of Allotment for Wherrelz IT Solutions Limited IPO Limited IPO will be done on Dec 24, 2021and the allotted shares will be credited to your demat account by Dec 28, 2021. Check the Wherrelz IT Solutions Limited IPO allotment status.

The Wherrelz IT Solutions Limited IPO listing date is 29 Dec, 2021.

Wherrelz IT Solutions Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Wherrelz IT Solutions Limited IPO Comments