Watrana Rentals Ltd

·
₹245.00 Issue Price
2026-11-19 – 2026-11-23
Open Date
2026-11-19
Close Date
2026-11-23
Listing Date
2026-11-27
Allotment Date
2026-11-25
Current Price
₹245.00
High / Low
₹— / ₹—
ROCE
4.87 %
ROE
8.59 %
Face Value
₹10
About
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…
📍 B-2, Third Floor, Derawal Nagar Near Model Town Metro Station, Gujranwala Colony…
📞 +91 9289100302
✉️ cs@watranarentals.com

Watrana Rentals Ltd IPO About the Company

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. They engaged in the business of providing material handling equipment (“MHE”) on a rental basis and trading of new and used MHE and batteries used in MHE. They cater to customers operating across various industries, including automotive, tyre, beverage, glass, paper, logistics & warehouse.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.As of June 30, 2026, the company owned a fleet of two thousand six hundred forty-six (2,646) MHE units and thirty-three (33) AWP units, with an additional five MHE units and two AWP units taken on rent from third party suppliers.As of June 30, 2026, The company had 3,883 employees across various functions, including strategy and planning, administration and human resources, finance, operations, procurement, stores, safety and service.Competitive Strength:Experienced Promoters and a senior management team with technical expertiseWorkforce 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.

Watrana Rentals Ltd IPO Analysis

Pros

  • ROE of 8.59% indicates good return on equity.
  • ROCE of 4.87% shows efficient capital usage.
  • PAT margin of 14.37%.

Cons

  • Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Watrana Rentals Ltd IPO Subscription Status

Consolidated figures
MetricQIBNII (HNI)RetailTotal
Subscription — — — —
Shares 23,22,000 6,98,400 16,29,600 49,02,000
Bids — — — —
▼ Category-wise Detailed Breakdown
CategorySubscriptionOffered Bid SharesAmt (₹ Cr)
QIB - 23,22,000 — ₹56.89
NII (HNI) - 6,98,400 — ₹17.11
Retail - 16,29,600 — ₹39.93
Market Maker 1.00×
2,52,000 2,52,000 ₹6.17
Total - 49,02,000 2,52,000 ₹120.10 Cr
Applications: - Total Bid Amount: ₹120.10 Cr

Watrana Rentals Ltd IPO Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore
Metric 30 Jun 202631 Mar 202631 Mar 2025
Revenue 53.62 211.69 179.66
EBITDA 18.13 65.01 51.77
Profit After Tax 7.68 29.16 24.43
Net Worth 93.24 85.55 56.39
Total Assets 301.71 287.07 201.82
Reserves 83.23 75.54 46.38
Borrowings 164.72 164.08 110.54
Sales Growth
3 Years:235.1%
Latest:179.66 Cr
Profit Growth
3 Years:218.1%
Latest PAT:24.43 Cr
Return on Equity
ROE:8.59%
ROCE:4.87%

Watrana Rentals Ltd IPO Key Financial Ratios

Profitability
ROE 8.59%
ROCE 4.87%
RONW 7.67%
PAT Margin 14.37%
EBITDA Margin 33.91%
Valuation
Pre EPS 25.49
Post EPS 18.80
Pre P/E 9.61×
Post P/E 13.03×
P/BV 2.63×
Leverage & Growth
Sales Growth (3yr) +235.1%
Profit Growth (3yr) +218.1%
Latest Revenue 179.66 Cr
Latest PAT 24.43 Cr

Watrana Rentals Ltd IPO Objects of the Issue

1 Purchase of material handling equipment (MHE), aerial work platform (AWP) and batteries ₹98.13 Cr
2 General Corporate Purposes

Watrana Rentals Ltd IPO Schedule & Important Dates

IPO Open
2026-11-19
Upcoming
IPO Close
2026-11-23
Upcoming
Allotment
2026-11-25
Upcoming
Refund
2026-11-26
Upcoming
Demat Credit
2026-11-26
Upcoming
Listing
2026-11-27
Upcoming

Watrana Rentals Ltd IPO Lot Size & Investment Details

RETAIL MIN
₹147,000
1 lot · 600 shares
RETAIL MAX
₹294,000
2 lots · 1200 shares
HNI MIN
₹441,000
3 lots
Category Lots Shares Amount (₹)
Retail (Min) 600 600 ₹147,000
Retail (Max) 2 1200 ₹294,000
HNI (Min) 3 1800 ₹441,000
Pre-Issue Holding: 1,14,38,500 shares Post-Issue Holding: 1,63,40,500 shares

Watrana Rentals Ltd IPO Lead Managers & Market Makers

Book Running Lead Managers
Oneview Corporate Advisors Pvt.ltd
Market Makers
Basan Equity Broking Ltd.

Watrana Rentals Ltd IPO Allotment Status

Allotment Date: 2026-11-25
Registrar: Maashitla Securities Pvt.Ltd
Check Allotment
011-45121795
ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues