Warivo Electric Mobility Ltd.
SMENSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 13,650.25 | 6,190.61 | |
| 79.37 | 23.3 | |
| 13,729.62 | 6,213.91 | |
| 12,842.34 | 5,825.34 | |
| 579.16 | 101.31 | |
| 437.54 | 92.34 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by | 170 |
| 2 | Funding capital expenditure for establishment of a lithium-ion battery manufacturing | 28.806 |
| 3 | Investment in research and product development | 66.986 |
| 4 | Funding our incremental working capital requirements | 350 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
98.92%
Promoter stake
Offered to Public
57,16,800
shares
About the Company
We are a pure-play electric mobility company engaged in the designing, manufacturing, assembling and supplying of electric vehicles with a primary focus on electric two-wheelers (“E-2Ws”) which are available in various designs, features and speed variants. As a vertically integrated, pure-play electric mobility company, we design our products in-house, develop proprietary and patented vehicle models, and control key stages of manufacturing, assembly, testing, and quality assurance. We offer a range of electric scooters under our brands “Warivo” and “Warivo ECO”, catering to customers across urban, semi-urban and emerging markets in India. Our products are designed to address everyday mobility requirements by offering accessible, reliable and practical electric two-wheeler for regular personal and commercial use. At the core of our operations are our in-house R&D capabilities and customer experience initiatives, which drive product innovation, safety, performance, and after-sales support, ensuring a seamless and quality ownership experience. Our R&D team is experienced and executes design, engineering, and validation processes, making our product development robust.
Use of Proceeds
1. Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by our Company; 2. Funding capital expenditure for establishment of a lithium-ion battery manufacturing facility (“Li-ion Facility”) in Ellenabad, Haryana; 3. Investment in research and product development; 4. Funding our incremental working capital requirements; and 5. General corporate purposes.
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IPO FAQs
The for the Warivo Electric Mobility Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
MUFG Intime India Pvt Ltd. is the for the Warivo Electric Mobility Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.
Warivo Electric Mobility Ltd. IPO shares are proposed to be listed on NSE.
Each Warivo Electric Mobility Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 98.92% of Warivo Electric Mobility Ltd. before the IPO.
57,16,800 shares of Warivo Electric Mobility Ltd. are being offered to the public in this issue.
- 1.Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- 2.Funding capital expenditure for establishment of a lithium-ion battery manufacturing facility (“Li-ion Facility”) in Ellenabad, Haryana
- 3.Investment in research and product development
- 4.Funding our incremental working capital requirements
- 5.General corporate purposes
Socradamus Capital Pvt Ltd. and Hem Securities Ltd. are the for the Warivo Electric Mobility Ltd. IPO.
Pre-apply means placing your Warivo Electric Mobility Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Warivo Electric Mobility Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Warivo Electric Mobility Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.