Wherrelz IT Solutions Limited
Fixed Price IPO · BSE
- Price band
- ₹171 - ₹171
- Lot size
- 800 shares
- Issue amount
- ₹2.01 cr
- Total subscription
- 0×
- Opens
- 16 Dec 2021
- Closes
- 21 Dec 2021
- Allotment
- 24 Dec 2021
- Listing
- 29 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 1,17,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,800
- Fresh issue
- ₹2.01 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Pvt Ltd
- Listing exchange
- BSE
- Maximum investment
- ₹1,36,800
- Issue type
- Fixed Price IPO
- Shares before issue
- 2,72,000
- Shares after issue
- 3,89,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,36,800 |
| HNI | 2 | 1,600 | ₹2,73,600 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Founded in 2014, Wherrelz IT Solutions, along with its subsidiary Infinitybeam IoT Labs Private Limited, specializes in web-centric, multi-spectrum IT product development, maintenance, and IT consultancy. The company offers a wide range of services, including Enterprise Risk Management (ERM), Enterprise Resource Planning (ERP), e-commerce solutions, API development, cybersecurity, Internet of Things (IoT), and cloud-based tools. These services are delivered through either a standard or customized software development model, based on client needs.
Strengths
- Experienced Leadership: Guided by a seasoned senior management team.
- Scalable Model: Business model designed to grow efficiently with demand.
- Broad Engineering Skills: Strong software engineering capabilities across technologies.
Promoters
Mr. Chaitanya Dhareshwar
Mrs. Sumanlata Dhareshwar
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Bigshare Services Pvt Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 15, Road 10, Sec -1, New Panvel East, Navi Mumbai, Raigarh – 410 206
+91 9811221082
[email protected]Company website ↗Understanding WITS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.