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Wherrelz IT Solutions Limited

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%
Timeline•Fixed Price IPO
Open16 Dec 2021
Close21 Dec 2021
Allotment24 Dec 2021
Listing29 Dec 2021

Quota Reservation Portions

Market MakerPortion: 7,200 shares
6.12%
Nii (hni)Portion: 55,200 shares
46.94%
RetailPortion: 55,200 shares
46.94%

Minimum Application Bracket Matrix

Retail1 lots / 800 shares
₹1,36,800
HNI2 lots / 1,600 shares
₹2,73,600

About the Company

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.

Company Promoters

Mr. Chaitanya DhareshwarMrs. Sumanlata Dhareshwar

Lead Managers

Fedex Securities Private Limited

Registrar

Bigshare Services Pvt Ltd
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html