Winsol Engineers Limited IPO is an NSE SME IPO. They are going to raise ₹23.36 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
Winsol Engineers Limited IPO opens for subscription on May 06, 2024, and closes on May 09, 2024. The allotment for the Winsol Engineers Limited IPO is expected to be finalized on May 10, 2024. Winsol Engineers Limited IPO will list on NSE SME with tentative listing date fixed as May 14, 2024.
| IPO Details | allotment |
| Minimum Investment ₹120,000 /1 Lot (1600 shares) | Price Range ₹71-₹75 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹120,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 23.36 Cr | Employee Discount ₹0 |
| Total Issue Size 3,115,200 Shares (aggregating up to ₹23.36 Cr) | Share Holding Pree Issue 8,420,000 | Issue Type Book Bulit Issue IPO |
| Fresh Issue Share 3,115,200 Shares (aggregating up to ₹23.36 Cr) | Share Holding Post Issue 11,535,200 | Listing At NSE SME |
| Market Maker Portion 158,400 Shares (spread X Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 06 May 2024 |
| Offer Ends | 09 May 2024 |
| Allotment | 10 May 2024 |
| Refunds | 13 May 2024 |
| Credit of shares to Demat account | 13 May 2024 |
| IPO Listing | 14 May 2024 |
About Winsol Engineers Limited
Incorporated in December 2015, Winsol Engineers Limited is a company that provides integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for both solar and wind power generation firms.
The company is ISO-9001-2015, ISO-14001-2015, and ISO-45001-2018 certified, demonstrating its execution capabilities in quality.
The company has a total team strength of more than 200 (Engineers and Technicians) for the execution of various projects.
| Incorporated in | Managing Director |
| 2015 | Mr. |
Share Holding
The Promoters of the company namely Mr. Ramesh Jivabhai Pindariya, Mrs. Amri Ramesh Pindariya, Ms. Pindariya Kashmira, Ms. Kashish Ramesh Pindariya And Mr. Kishor Jivabhai Pindariya.
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | 72.99% |
Winsol Engineers Limited IPO Prospectus
| Winsol Engineers Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹6,544.53 | ₹6,080.00 | ₹2,224.58 |
| Assets | ₹2,856.01 | ₹2,764.80 | ₹1,816.83 |
| Profit | ₹518.07 | ₹108.46 | ₹49.44 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 86.51Cr | ROE | 22.33% |
| P/E (X) | 12.19 | ROCE | 11.71% |
| POST P/E (X) | 9.58 | EPS | 6.15 |
| Debt to Equity | 0.55 | RONW | 44.35% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Working Capital Requirements
- General Corporate Purposes
Brokerage Firm IPO Review
- To be updated soon
| Winsol Engineers Limited Contact Details | |
| Address | Winsol Engineers Limited Shop No. 301, Madhav Commercial Complex, Near Crystal Mall, Khodiyar Colony, Jamnagar, Gujarat, 361006 |
| Phone: | 0288-2710708 |
| info@winsol.info | |
| Website | www.winsol.info |
| Winsol Engineers Limited IPO Registrar | |
| . | Kfin Technologies Limited |
| Phone | +91-40-6716 2222/ 18003094001 |
| +91-40-6716 2222/ 18003094001 | |
| Website | https://www.kfintech.com/ |
| Winsol Engineers Limited IPO Allotment Status Check |
| Winsol Engineers Limited IPO Allotment Status Check Click Here |
| Winsol Engineers Limited Lead Managers | |
| Beeline Capital Advisors Pvt Ltd B/1311-1314, Shilp Corporate Near Rajpath Club, Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy, Ahmedabad, Gujarat – 380054 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://beelinemb.com/ |
Winsol Engineers Limited IPO FAQs
What is Winsol Engineers Limited IPO?
- Winsol Engineers Limited IPO is an NSE SME IPO. They are going to raise ₹23.36 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
- The IPO opens on May 06, 2024, and closes on May 09, 2024.
When Winsol Engineers Limited IPO will open?
- The IPO is to open on May 06, 2024, for QIB, NII, and Retail Investors. and closes on May 09, 2024
What is Winsol Engineers Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Winsol Engineers Limited IPO Size?
- Winsol Engineers Limited IPO size is ₹23.36 crores.
What is Winsol Engineers Limited IPO Price Band?
- Winsol Engineers Limited IPO Price Band is ₹71 to ₹75 per equity share.
What is Winsol Engineers Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹120,000. and Maximum Lot Size 1 Lots (1600 Shares) with ₹120,000
What is Winsol Engineers Limited IPO Allotment Date?
- Winsol Engineers Limited IPO allotment date is May 10, 2024.
What is Winsol Engineers Limited IPO Listing Date?
- Winsol Engineers Limited IPO listing date is May 14, 2024. The IPO to list on NSE.