IPO Trending
WITSSME / BSEListed
Wherrelz IT Solutions

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.

DRHP
₹171 - ₹171Open
Listed Price₹173.05
Listing Gain+1.20%

IPO Schedule & Timeline

Fixed Price IPO
Open16 Dec 2021
Close21 Dec 2021
Allotment24 Dec 2021
Listing29 Dec 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker7,200 shares
6.12%
Nii (hni)55,200 shares
46.94%
Retail55,200 shares
46.94%

Minimum Application Lots

Retail1 Lot (800 shares)
₹1,36,800
HNI2 Lots (1,600 shares)
₹2,73,600

Company Promoters

Mr. Chaitanya DhareshwarMrs. Sumanlata Dhareshwar

Company Background

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 deve...

Lead Managers & Bankers

Fedex Securities Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-21)₹7.43 Cr
Growth-63.1%
Revenue Trend (₹ in Crores)
0.08.517.025.4Mar-19Mar-20Mar-21Jun-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-217.43- 15.3818.650
Mar-2120.471.449.010
Mar-2022.123.168.120
Mar-1920.131.247.810

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Pvt Ltd

Allotment Finalized
Allotment Date
24 Dec 2021
Official Status
Out / Finalized
Registrar
Bigshare Services Pvt Ltd
Listing Date
29 Dec 2021

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Pvt Ltd

Direct allotment verification on the official registrar portal appointed for Wherrelz IT Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 Dec 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 Dec 2021Trading commences on exchange

How to Check Wherrelz IT Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Wherrelz IT Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Wherrelz IT Solutions IPO

Complete issue overview for Wherrelz IT Solutions (WITS) IPO. The issue features an equity share price band of ₹171 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,36,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions