Initial Public Offerings (IPOs)

Watrana Rentals IPO (Nse Sme)

₹147,000 /600 shares

Minimum Investment

Watrana Rentals IPO (Nse Sme) Details

Min. Investment

₹147,000

Lot Size

600

Price Range

₹232 to ₹245

Issue Size

₹120.10 Cr

About Watrana Rentals Ltd.

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.

Strengths & Financials of Watrana Rentals Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Nov 19, 2026
Bid/Offer Closes On Nov 23, 2026
Finalisation of Basis of Allotment Nov 25, 2026
Initiation of Refunds Nov 26, 2026
Credit of Shares to Demat Acct Nov 26, 2026
IPO Shares Listing Date Nov 27, 2026

Company Promoters

1. Sanjeev Kumar Watrana
2. Rajeev Kumar Watrana and Neha Watrana.

Lead Managers

1. Oneview Corporate Advisors Pvt.ltd.

Contact Information

  • Watrana Rentals Ltd. B-2, Third Floor, Derawal Nagar Near Model Town Metro Station, Gujranwala Colony North West Delhi, New Delhi, 110009
  • Phone No : +91 9289100302
  • Email : cs@watranarentals.com
  • Website : https://watranarentals.com/

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