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Wherrelz IT Solutions IPO IPO

SME16 Dec 202121 Dec 2021
Open
16 Dec 2021
Close
21 Dec 2021
3
Allotment
Listing
Wed, Dec 29, 2021
Price Band
₹171 per share
Issue Size
1,17,600 shares (agg. up to ₹2 Cr)
Lot Size
800 Shares
Listing Date
Wed, Dec 29, 2021
Latest GMP
₹0
✦ AI Insight

GMP Trend

27-10-20250Est. ₹+0%

Live Subscription

CategorySubscription (times)
Total1.77x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202431 Mar 202131 Mar 202031 Mar 2019
Assets0.220.120.110.08
Total Income0.070.200.220.20
Profit After Tax-0.150.010.030.01
EBITDA-0.160.030.050.02
NET Worth0.190.110.100.07
Reserves and Surplus-0.130.060.050.06
Total Borrowing0.010.010.010.00
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Naapbooks Ltd.SME₹3.99 Cr₹74null₹74.00+0.00%₹154.80 (-4.97%)
Focus Business Solution Ltd.SME₹1.22 Cr₹19null₹27.90+46.84%₹203.00 (+10.93%)
NIKS Technology Ltd.SME₹2.01 Cr₹201119.64₹203.00+1.00%₹277.20 (-4.99%)
ADJIA Technologies Ltd.SME₹2.00 Cr₹74null₹74.25+0.34%₹61.82 (+4.98%)
Rategain Travel Technologies Ltd.Mainboard₹1,335.74 Cr₹425null₹340.05-19.99%₹971.80 (-0.71%)
Latent View Analytics Ltd.Mainboard₹600.00 Cr₹197null₹488.75+148.10%₹305.35 (+1.77%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements1.14
2General Corporate Purpose0.45

About Wherrelz IT Solutions IPO

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. Competitive Strengths: Experienced senior management. Scalable Business Model Broad software engineering capabilities + Read More

Contact Details

Wherrelz IT Solutions Ltd. AddressPlot No.15, Road 10, Sec-1New Panvel EastRaigarhNavi Mumbai, Maharashtra, 410206+91 9811221082official@wherrelz.comVisit Website