Wise Travel India Limited (WTI) was originally incorporated on April 22, 2009 as 'Wise Travel India Private Limited' with the Registrar of Companies, NCT of Delhi & Haryana. Subsequently, Company was converted into Public Limited Company and name of company was changed to 'Wise Travel India Limited' vide fresh Certificate of Incorporation dated September 26, 2023 issued by the Registrar of Companies, Delhi.
The Company is engaged in the business of providing online car rental and taxi booking services in India. The operations are carried out with a large fleet of on-road and robust technology platforms. The objective behind the venture is to have presence across the value chain through services in the corporate people transportation which includes Car Rental Services, Employee Transportation Services, Car Leasing, Coach Rentals, Technology, and Mobility Solutions.
From 2009-11, WTI Cabs managed the entire Personal Ground Transportation Movement of XIX Commonwealth Games, 2010 in New Delhi. In 2012-14, the Company expanded operations to 7 major metros; it acquired India Fleet, a Group Co. of Trans Lease India Pvt. Ltd. It expanded the car rental fleet size to 2500+ cabs, again acquired Wyn Cabs & Smart Ride, a Coach Rental Company. In 2015, it commenced Managed Services in employee transportation.
The period from 2018-2020 was earmarked by the Company's pledge to sustainability. Electric Vehicles becomes a significant part of the fleet, mirroring global aspirations f ...or greener transportation. The Company thereafter ventured into tier 2,3 and 4 cities in 2021-22. Recognizing the global potential of its services, 2022 saw the brand preparing to go international. By 2023, WTI established nearly 17 airport counters. It introduced a Management Trainee Program, sculpting the next generation of transportation leaders.
The Company launched the IPO comprising a fresh issue of 64,41,000 Equity Shares of Rs 10 each, by raising funds aggregating to Rs 94.68 crore on February 14, 2024.
In 2024, WTi expanded further across India, strengthening its fleet to over 14,500+ vehicles and building a network of 20+ airport counters, offering seamless travel nationwide.
The Company incorporated its wholly Owned Subsidiary WTI Mobility UK Limited in London, Wales United Kingdom on 30 September, 2024 for self -drive business service to clients.
In 2025, WTI has incorporated two wholly-owned foreign subsidiaries: WTI Rent a Car LLC in Dubai and WTI Mobility UK Ltd in the United Kingdom, offering the same core services of mobility and vehicle rental to international clients.
FAQs on Wise Travel India Ltd
1. Can I buy Wise Travel India Ltd from PL Capital? ›
Yes, you can invest in Wise Travel India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Wise Travel India Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Wise Travel India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Wise Travel India Ltd pay dividends? ›
Wise Travel India Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Wise Travel India Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Wise Travel India Ltd. is ₹ 123.4 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Wise Travel India Ltd ? ›
The 52-week high and low of Wise Travel India Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
