Wherrelz IT Solutions IPO will be Open on 16 December 2021 and closes on 21 December 2021. The company has fixed the price of this IPO at ₹171 according to the face value of ₹10. The company will raise ₹2.01 Crores through this IPO under the 1,17,600 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Wherrelz IT Solutions Limited provide essential CRM/ERP/MIS technology solutions – our team builds the relevant software, web apps, CRMs, ERPs, mobile apps and handles associated hosting, domains, email services, etc – whatever you need to ensure your business process runs smoothly – in one easy to use package.
Our Company including our subsidiary Company, Infinitybeam IOT Labs Private Limited is engaged in the business of webcentric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. It 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 through customized software development model depending upon the requirement of the clients which is backed by advanced technology and efficient team of software developers who tend to keep themselves abreast by undergoing continuous R&D activity.
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Wherrelz IT Solutions IPO Review :
■ Apply For Long Term Or AVOID
Wherrelz IT Solutions IPO GMP Live:
Wherrelz IT Solutions IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 18 Oct 2021 | ₹-₹ | ₹ |
| 17 Oct 2021 | ₹-₹ | ₹ |
| 16 Oct 2021 | ₹0-₹0 | ₹0 |
| 15 Oct 2021 | ₹0-₹0 | ₹0 |
Wherrelz IT Solutions IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 16 December 2021 |
| IPO Close : | 21 December 2021 |
| IPO Size : | ₹2.01. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹171 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹2.01. Cr |
| Fresh Issue : | ₹2.01. Cr |
| Offer For Sale : | ₹0. Cr |
Wherrelz IT Solutions IPO Market Lot :
Wherrelz IT Solutions IPO Minimum Market lot is 1 Lot with 800 shares with ₹136,800 Application amount. The retail investors can apply up to 1 lots with 800 Shares or ₹136,800 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 800 Shares |
| Minimum Amount : | ₹136,800 |
| Minimum Lot Size : | 800 Shares |
| Maximum Shares : | 800 Shares |
| Maximum Amount : | ₹136,800 |
Wherrelz IT Solutions IPO Shares Offer :
A Total of 117,600 shares are to be bid for the public issue by Wherrelz IT Solutions IPO with 117,600 for Fresh issue and – for offer for sale – Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 117,600 | ₹2.01 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 117,600 Eq Shares | ₹2.01 Cr |
Wherrelz IT Solutions IPO Reservation :
Wherrelz IT Solutions IPO Total Reservation of 117,600 shares are to be bid for the public issue by Wherrelz IT Solutions IPO with – for QIB and 55,200 for NII 55,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 55,200 | ₹94.39 L |
| RII : | 50% | 55,200 | ₹94.39 L |
| MMRP : | – % | 7,200 | ₹12.31 L |
| Total : | 100% | 117,600 | ₹2.01 Cr |
Wherrelz IT Solutions IPO Dates :
Wherrelz IT Solutions IPO Date is 16 December 2021 and closes on 21 December 2021. The allotment will be finalized on 24 December 2021 and the IPO may list on 29 December 2021.
| Issue Open Date : | 16 December 2021 |
| Issue Close Date : | 21 December 2021 |
| Allotment Date : | 24 December 2021 |
| Refund Date : | 27 december 2021 |
| Share Credit Date : | 28 December 2021 |
| Listing Date : | 29 December 2021 |
Wherrelz IT Solutions IPO Form :
There are two ways to apply in Wherrelz IT Solutions IPO. You can apply for Wherrelz IT Solutions IPO through ASBA available in your bank account. You have to go to your online bank login and select Wherrelz IT Solutions IPO in the Invest section and apply through your bank account. Another option is you can apply Wherrelz IT Solutions IPO through IPO form download through NSE and BSE. See the Wherrelz IT Solutions IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Wherrelz IT Solutions Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021-3M | ₹7.43 | ₹22.82 | ₹15.38 |
| 2021 | ₹20.47 | ₹18.59 | ₹1.44 |
| 2020 | ₹22.12 | ₹17.87 | ₹3.16 |
| 2019 | ₹20.13 | ₹18.85 | ₹1.24 |
About Wherrelz IT Solutions Company
Our Company including our subsidiary Company, 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. It 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 through customized software development model depending upon the requirement of the clients which is backed by advanced technology and an efficient team of software developers who tend to keep themselves abreast by undergoing continuous R&D activity.
| Read also: All SME IPO List 2021 |
Our objective is to develop and maintain all in all software solutions to every enterprise in various sectors such as Ecommerce, Education, Fintech, Healthcare, Social Networking, and other industries to enable ease of doing business. customer-centric solutions. The Information Technology industry is a continuously evolving technological industry and we endeavor to exploit these technological advances to reach audiences in India and globally to provide growth, efficiency and advancement in the business objectives.
| Read also:- Share Buyback List 2021 |
Company Strenghts
- Qualified Senior Management Team
- Revenue mix
- Scalable Business Model
- Agile engineering and delivery
| Read also:- Rights issue 2021 |
Company Promoters :
■ Mr. Chaitanya Dhareshwar
Wherrelz IT Solutions Board of Directors
| Name | Designation |
| Mr. Chaitanya Dhareshwar | Managing Director |
| Mrs. Sumanlata Dhareshwar | Executive Director |
| Mr. Navin Punjabi | Non-Executive Director |
| Mr. Rishi Aggarwal | Non-Executive Independent Director |
| Mrs. Uma Krishnan | Non-Executive Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Wherrelz IT Solutions IPO Lead Managers :
■ Fedex Securities Limited
Wherrelz IT Solutions IPO Registrar :
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
Email: [email protected]
Website: www.bigshareonline.com
Note: Check Wherrelz IT Solutions IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Wherrelz IT Solutions Limited
Plot No. 15, Road 10, Sec -1,
New Panvel East, Navi Mumbai,
Raigarh – 410 206
Tel No.: +91 9811221082
Email: [email protected]
Website: www.wherrelz.in
Wherrelz IT Solutions IPO FAQs :
What is Wherrelz IT Solutions IPO?
Wherrelz IT Solutions IPO is SME IPO. They are going to raise ₹2.01. Crores via IPO. The issue is priced at ₹171 per equity share. The IPO to be listed on BSE, SME.
When Wherrelz IT Solutions IPO will open?
The IPO is to open on 16 Dec – 21 Dec for QIB, NII & RII.
What is Wherrelz IT Solutions IPO Size?
Wherrelz IT Solutions IPO size is ₹2.01 Crores.
What is the Fresh issue size of Wherrelz IT Solutions IPO?
The Fresh issue size of Wherrelz IT Solutions IPO ₹2.01 Cr.
What is the Offer For Sale size of Wherrelz IT Solutions IPO?
The Offer For Sale size of Wherrelz IT Solutions IPO ₹0 Cr.
What is Wherrelz IT Solutions IPO Price Band?
Wherrelz IT Solutions IPO Price Band is ₹171 Per share.
What is Wherrelz IT Solutions IPO Minimum and Maximum Lot Size?
The minimum bid is 800 Shares with ₹136,800 amount while the maximum bid is 800 shares with ₹136,800.
What is Wherrelz IT Solutions IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Wherrelz IT Solutions IPO Allotment Date?
Wherrelz IT Solutions IPO allotment date is 24 December 2021.
What is Wherrelz IT Solutions IPO Listing Date?
Wherrelz IT Solutions IPO listing date is 29 December 2021. The IPO to list on BSE, SME.
How to Apply the Wherrelz IT Solutions IPO through Zerodha?
“BSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Wherrelz IT Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Wherrelz IT Solutions IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Wherrelz IT Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Wherrelz IT Solutions IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Wherrelz IT Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Wherrelz IT Solutions IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Wherrelz IT Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Wherrelz IT Solutions GMP: Click Here Wherrelz IT Solutions Subscription: Click Here Wherrelz IT Solutions Allotment: Click Here Wherrelz IT Solutions Listing: Click Here |
All Wherrelz IT Solutions IPO-related links are available here. If you want to know the details then click on Click Here Link.
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