WTI Cabs IPO Day 3: Issue subscribed 148x on the last day
Thu, Feb 15, 2024 11:59 AM

WTI Cabs IPO Day 3: Issue subscribed 148x on the last day

A Flip by Shubhangi Gupta
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Wise Travel India has successfully completed its initial public offering (IPO), which was oversubscribed over 148 times on the last day of bidding. The company, known for its premium cab services and self-employment opportunities for drivers, plans to utilize the net proceeds for growth and expansion in the Indian market. With an expected total revenue of ₹400 crore in the current fiscal year.

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