Wise Travel India Ltd. has announced public offering of 6441000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 137.00 per share. The gross proceeds of the issue are expected to be Rs 9,468.27 lakhs.

The company's initial public offer (IPO) will open on 12 February 2024 and is expected to close on 14 February 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 140.00-147.00 per share.

The IPO includes a fresh Issue of 6441000 Equity Shares of the Company at an price of Rs 147.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Wise Travel India Ltd. anticipates using the proceeds of the issue for .

Share India Capital Services Pvt. Ltd. as lead manager & BEETAL FINANCIAL & COMPUTER SERVICES (P) LTD is the registrar, to the issue.