Wise Travel India Limited
NNSE:WTICAB92.10
INR
-2.25
(-2.38%)
ISIN
INE623Y01011
Return %
Stock
S&P 500
1Y
-41.98
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Semi-annual Revenue
INR
•
in mil. unless spec.Semi-annual Earnings Per Share
INR
•
in mil. unless spec.Semi-annual Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Ashok Vashist
- Full Time Employees
- 974
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- D-21, Corporate Park, 3rd Floor, Sector-21, Dwarka New Delhi DL India 110075
- IPO Date
- Feb 19, 2024
- Website
- wticabs.com
- Similar Companies
- Business
- Wise Travel India Limited (WTICAB.NS) provides corporate car rental and employee transportation solutions under the WTiCabs brand. The company offers a comprehensive suite of services, including car rental for corporates; employee transportation services; end-to-end employee transport management; flexible fixed and monthly rental plans; convenient airport counters; fleet management services; mobility services for meetings, incentives, conferences, and exhibitions (MICE); cutting-edge mobility technology solutions; sustainable mobility with electric vehicles; project mobility solutions; strategic consulting and advisory on mobility; and community commute programs. Incorporated on April 22, 2009, and headquartered at D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, New Delhi, India, the company operates across more than 130 cities pan-India with a large on-road fleet and robust technology platforms, serving top-tier clients such as Amazon, Microsoft, IndiGo, Nokia, Coca-Cola, and American Express. Wise Travel India converted from a private limited company to a public limited entity on September 26, 2023, and listed on the National Stock Exchange (NSE SME) on February 19, 2024, following its IPO in February 2024 to fund working capital and general corporate purposes. In 2024, the company expanded internationally by establishing WTI Rent A Car L.L.C. in Dubai to offer car rental services, marking its global foray while aiming for a 37% CAGR through strategic growth. It continues to emphasize sustainability initiatives, including EV fleets, and reported robust financial growth with revenue increasing to ₹549 crore in FY2025 alongside operations in Tier I-III cities via an asset-light model partnering with local operators.