About the Company:
Wherrelz IT Solutions Ltd is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy.
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 depending upon the requirement of the clients.
Company’s objective is to develop and maintain all in all software solutions to every enterprise in various sectors such as E-commerce, Education, Fintech, Healthcare, Social Networking, and other industries to enable ease of doing business. customer-centric solutions.
- Mr. Chaitanya Dhareshwar (Designation: Managing Director)
- Mrs. Sumanlata Dhareshwar (Designation: Executive Director)
Objectives of the Issue:
Fresh Issue: (Rs.2.01 cr)
- Funding working capital requirements.
- General corporate purposes.
Financials of the Company:
|(in Crores)||FY 19||FY 20||FY 21||30th June 2021|
|Issue Opens on||16th December 2021|
|Issue Closes on:.||21st December 2021|
|Issue Size||Rs.2.01 cr|
|Market Cap||Rs.6.6 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||1,17,600|
|Equity Shares Prior to the Issue||2,72,000|
|Equity Shares after the issue||3,89,600|
Also Read : List of Upcoming IPO’s in India.
|Finalization of Basis of Allotment||on or Before 24th December 2021|
|Initiation of Refunds||on or Before 27th December 2021|
|Credit of Equity Shares:||on or Before 28th December 2021|
|Listing Date:||on or Before 29th December 2021|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Check IPO Allotment Status:|
BSE IPO Website: https://www.bseindia.com/IPO/Allotment
|Company Contact Info:|
|Wherrelz IT Solutions Ltd
Plot No. 15, Road 10, Sec -1,
New Panvel East, Navi Mumbai,
Raigarh – 410 206, Maharashtra, India
Tel No: +919811221082
|IPO Registrar Info:|
|BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Club House Road,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai 400059
Tel No.: 022 6263 8200
|Lead Manager to the Issue:|
|FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers,
Dayaldas Road, Vile Parle (East),
Mumbai – 400057, Maharashtra, India
Tel No: +91 81049 85249