• Home
  • IPO GMP
  • K.G. Classes
  • Hindi Vyakaran
  • हिंदी निबंध
  • Yoga
    • Yoga In Hindi
    • Yoga In English
    • Mantra
    • Chalisa
  • Vocabulary
    • Daily Use Vocabulary
    • Daily Use English Words
    • Vocabulary Words
  • More
    • Blogging
    • Technical Knowledge In Hindi
    • Tongue Twisters
    • Tenses in Hindi and English
    • Hindu Baby Names
      • Hindu Baby Boy Names
      • Hindu Baby Girl Names
    • ADVERTISE HERE
    • Contact Us
    • Learn Spanish

hindimeaning.com

Wherrelz IT Solutions Limited IPO (Wherrelz IT Solutions IPO) Detail

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

Wherrelz IT Solutions IPO Details

Subscription Dates 16 – 21 December 2021
Price Band INR171 per share
Fresh issue 1,17,600 shares (INR2.01 crore)
Offer For Sale Nil
Total IPO size 1,17,600 shares (INR2.01 crore)
Minimum bid (lot size) 800 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME

Wherrelz IT Solutions‘ Financial Performance

FY2019 FY2020 FY2021
Revenue 20.1 22.1 20.5
Expenses 18.9 17.9 18.6
Net income 1.2 3.2 1.4
Figures in INR lakh unless specified otherwise 

Wherrelz IT Solutions IPO Timetable

IPO Opening Date 16 December 2021
IPO Closing Date 21 December 2021
Finalisation of Basis of Allotment 24 December 2021
Initiation of refunds 27 December 2021
Transfer of shares to demat accounts 28 December 2021
Listing Date 29 December 2021

Promoters And Management:

i. Mr. Chaitanya Dhareshwar, aged 36 years, is Managing Director of the Company and founder of the Company. He holds degree in BSC Physics from Mumbai University in 2005. He also holds a certificate of Scrum Master Six Sigma, ITIL, Scrum Master in 2013. He holds a certificate in Data science from HarvardX in 2018. He has vast experience in the field of creating technology solutions and has been a team leader at various projects. With his expertise, he provided consultancy and advisory services at various organisation over the past 14 years. Under his guidance the Company has witnessed continuous growth. He looks into the overall management of the business. ii. Mrs. Sumanlata Dhareshwar, aged 39 years, is the Executive Director of the Company and the co-founder of the Company. She holds degree bachelor’s degree in Sciences (Zoology) from Mahatma Gandhi University, Kerala in 2004. She also holds a certificate in GNIIT from NIIT in 2007. She also holds a certificate in SAP ABAP (Net Weaver 7.0) from Siemens in 2012. iii. Dr. Navin Mukesh Punjabi, aged around 38 years, is the Non-Executive Director of the Company. He holds a degree of Bachelor of Management Studies (BMS) from the University of Mumbai in 2004. He also holds degree of Master of Commerce (M. Com) from University of Mumbai in 2006. He holds degree in doctor of Philosophy from Mumbai University, degree of Masters in Management and has completed his doctorate in Management from We School (Prin. L N Welingkar Institute of Management Development & Research) in the year 2008. He was awarded the Junior Research Fellowship to purse his Research certificate of UGC NET in the year 2005. He teaches subjects like Corporate Governance, Principles of Investments, Strategic Management and International Marketing. He has an overall experience of more than. Fifteen years in the field of Research in Financial and Management and teaching.

Financials of Wherrelz IT Solutions Limited IPO:

Particulars (in Lakhs) March-21 March-20 March-19
Revenue 20 21.79 19
Employee benefits expense 12.13 9.53 10
Other Expense 5.22 7.67 8
Operating profit 2.89 4.59 1.70
OPM % 14% 21% 9%
Other Income 0.23 0.33 0.64
Depriciation 1.25 0.67 1.06
Profit Before tax 1.88 4.25 1.28
Profit After Tax 1 3.16 1.24
EPS 14.37 31.58 12.43

Wherrelz IT Solutions IPO – FAQS

What is the Wherrelz IPO Price?

The Wherrelz IPO price band is 171 per share

When Wherrelz IPO will open?

The Wherrelz IPO opens on Dec 16, 2021 and closes on Dec 21, 2021

What is the lot size of Wherrelz IT Solutions IPO?

The Wherrelz IT Solutions IPO lot size is 800 Equity Shares and the minimum order quantity is 800 Equity Shares

Who is the Registrar for Wherrelz IT Solutions IPO?

The Registrar for Wherrelz IT Solutions IPO is Bigshare Services Private Limited

Post Views: 11

Related posts:

  1. Latest IPO GMP Rates, Grey Market Premium, subscription status, listing gain and other key details
  2. Tega Industries IPO GMP, Grey Market Premium and Price Band
  3. Rategain Travel Technologies Limited IPO GMP, Grey Market Premium and Price Band
  4. Euro Panel Products IPO GMP, Grey Market Premium and Price Band
  5. Metro Brands Limited IPO GMP, Grey Market Premium and Price Band
  6. C.E. Info Systems Limited (MapmyIndia) IPO GMP, Grey Market Premium and Price Band
  7. Shriram Properties Limited IPO GMP, Grey Market Premium and Price Band
  8. Nupur Recyclers Limited IPO GMP, Grey Market Premium and Price Band
  9. HP Adhesives Limited IPO GMP, Grey Market Premium and Price Band
  10. LIC IPO GMP, Grey Market Premium and Price Band
  11. OYO IPO GMP, Grey Market Premium and Price Band
  12. Bajaj Energy IPO GMP, Grey Market Premium and Price Band
  13. ESAF Small Finance Bank IPO GMP, Grey Market Premium and Price Band
  14. GoAir IPO GMP, Grey Market Premium and Price Band
  15. Arohan Financial IPO GMP, Grey Market Premium and Price Band
  16. Mobikwik IPO GMP, Grey Market Premium and Price Band
  17. Data Patterns IPO GMP, Grey Market Premium and Price Band
  18. Supriya Lifescience Limited IPO GMP, Grey Market Premium and Price Band
  19. Clara Industries Limited IPO GMP (Clara Industries IPO) Details
  20. Brandbucket Media & Technology Limited IPO (Brandbucket Media IPO) Details

Popular Posts

  • List of 3 forms of Verbs in English and Hindi – English Verb Forms
  • Hindi numbers 1 To 100 – Counting In Hindi – Hindi Ginti
  • ज़िन्दगी के मायने समझाते 300+ अनमोल विचार-Life Quotes In Hindi
  • Essay On Diwali In Hindi (100, 200, 300, 500, 700, 1000 Words)
  • Flower Names in Hindi and English फूलों के नाम List of Flowers
  • परिश्रम का महत्व पर निबंध-Importance Of Hard Work Essay In Hindi (100, 200, 300, 400, 500, 700, 1000 Words)
  • Hindi Numbers 1 to 50
  • Human Body Parts Names in English and Hindi – List of Body Parts मानव शरीर के अंगों के नाम
  • Vegetables Name In Hindi and English सब्जियों के नाम List of Vegetables a-z with details

More Related Content

  • Latest IPO GMP Rates, Grey Market Premium, subscription status, listing gain and other key details
  • CMS Info Systems Limited IPO GMP, Grey Market Premium and Price Band
  • Supriya Lifescience Limited IPO GMP, Grey Market Premium and Price Band
  • HP Adhesives Limited IPO GMP, Grey Market Premium and Price Band
  • Wherrelz IT Solutions Limited IPO (Wherrelz IT Solutions IPO) Detail
  • Clara Industries Limited IPO GMP (Clara Industries IPO) Details
  • Brandbucket Media & Technology Limited IPO (Brandbucket Media IPO) Details
  • Data Patterns IPO GMP, Grey Market Premium and Price Band
  • MedPlus Health Services Limited IPO GMP, Grey Market Premium and Price Band
  • C.E. Info Systems Limited (MapmyIndia) IPO GMP, Grey Market Premium and Price Band
  • Metro Brands Limited IPO GMP, Grey Market Premium and Price Band
  • Mobikwik IPO GMP, Grey Market Premium and Price Band
  • Studds Accessories IPO GMP, Grey Market Premium and Price Band
  • Aadhar Housing Finance IPO GMP, Grey Market Premium and Price Band
  • Arohan Financial IPO GMP, Grey Market Premium and Price Band
  • GoAir IPO GMP, Grey Market Premium and Price Band
  • ESAF Small Finance Bank IPO GMP, Grey Market Premium and Price Band
  • Bajaj Energy IPO GMP, Grey Market Premium and Price Band
  • OYO IPO GMP, Grey Market Premium and Price Band
  • LIC IPO GMP, Grey Market Premium and Price Band
  • Shriram Properties Limited IPO GMP, Grey Market Premium and Price Band
  • Rategain Travel Technologies Limited IPO GMP, Grey Market Premium and Price Band
  • Anand Rathi Wealth IPO GMP, Grey Market Premium and Price Band
  • Tega Industries IPO GMP, Grey Market Premium and Price Band
  • Nupur Recyclers Limited IPO GMP, Grey Market Premium and Price Band
  • Euro Panel Products IPO GMP, Grey Market Premium and Price Band

Copyright © 2025 · Hindimeaning.com · Contact · Privacy · Disclaimer