Watrana Rentals IPO Details
Watrana Rentals IPO Summary
Watrana Rentals IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Watrana Rentals IPO total issue size comprises 36,10,000 shares . Pre-issue shareholding stands at 1,00,10,000, which will increase to 1,36,20,000 post-issue.
Watrana Rentals IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Watrana Rentals IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Oneview Corporate Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Watrana Rentals Limited DRHP.
Watrana Rentals IPO Details
Watrana Rentals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Watrana Rentals IPO Reservation
Promoter Holding
Documents
Watrana Rentals IPO Valuations
Watrana Rentals Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 183.35 | 147.69 | 95.98 | 50.44 |
| Revenue | 129.49 | 130.23 | 86.19 | 47.67 |
| Profit After Tax | 18.93 | 18.05 | 8.52 | 3.94 |
| EBITDA | 39.20 | 37.98 | 25.49 | 13.87 |
| Net Worth | 50.89 | 31.96 | 13.91 | 5.40 |
| Reserves and Surplus | 40.88 | 31.95 | 13.90 | 5.39 |
| Total Borrowing | 105.11 | 93.12 | 67.50 | 32.75 |
| Amount in ₹ Crore | ||||
About Watrana Rentals IPO
Incorporated on November 19, 2019, Watrana Rentals Limited specializes in material and cargo handling equipment rentals, offering a fleet that includes forklifts (battery‑operated, diesel, gas), electric stackers, pallet trucks, speciality attachments (e.g., paper‑roll clamps, bale clamps, side shifters), and ground‑support gear.
The company is ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certified supplier of industrial Material Handling Equipment (“MHE”), offering solutions for various sectors in India.
The company's business can be segregated into the following:-
- Rental Solutions: Provides rental services for MHE tailored to meet business needs for flexibility without long-term capital investment.
- Trading in MHE: Engaged in trading MHE, this offer allows customers to buy material handling equipment suited to their budget and needs.
- Trading in Batteries for MHEs: Offers various batteries compatible with MHE models for rental and trading clients.
With over 304 rental sites across India, the company ensures extensive coverage and quick response to clients ' needs.
As of April 30, 2025, the company operates over 1441 MHE units, including diesel and electric forklifts, reach trucks, battery stackers, pallet trucks, order pickers, towing trucks, and more.
As of April 30, 2025, the company employed approximately 3,122 staff members, including operators, technicians, engineers, site supervisors, and support personnel.
Competitive Strength:
- Experienced Promoters and a senior management team with technical expertise
- Workforce is a key asset in delivering high-quality service to clients across India.
- Quality Assurance of services is an integral part of the company's operations.
- Wide network coverage.
Strength Of Watrana Rentals IPO
Risk Of Watrana Rentals IPO
Objectives Watrana Rentals IPO
1. Purchase of material handling equipment and batteries.
2. General corporate purposes
Company Contact Details
Watrana Rentals Limited
B-2, Third Floor, Derawal Nagar
Near Model Town Metro Station,
Gujranwala Colony
North West Delhi, New Delhi, 110009
Phone: +91 9289100302
Email: cs@watranarentals.com
Website: https://watranarentals.com/
Registrar Contact Details
Market Maker
Watrana Rentals FAQs
The Watrana Rentals IPO is a SME public issue comprising 3610000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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