Voler Car IPO Launches Today: Key Details for Investors

Voler Car Limited's SME IPO opens for subscription today, February 12, 2025, aiming to raise ₹27 crore. The issue, priced at ₹85-90 per share, will close on February 14. Investors can apply for a minimum lot of 1,600 shares, requiring an investment of ₹1,44,000. The company plans to list on NSE SME on February 19. The Grey Market Premium stands at ₹11, indicating investor interest. Voler Car, an employee transportation service provider, reported revenue of ₹31.45 crore in FY24. The IPO proceeds will fund working capital requirements and general corporate expenses. Investors should consider the company's financials and market conditions before applying.

Sources: Economic Times, IPO Watch, Entrackr