Winsol Engineers Ltd
Price Range
₹71 - ₹75
Min. Quantity
1,600
Closes on
9 May 2024
Min. investment
₹1,20,000/1,600 Shares
Winsol Engineers Ltd IPO Timeline
Winsol Engineers Limited was incorporated as Winsol Engineers Private Limited' at Jamnagar, Gujarat as a Private Limited Company , dated December 30, 2015, issued by the Registrar of Companies, Gujarat. Thereafter, the Company converted into a Public Limited and the name of Company was changed to Winsol Engineers Limited , pursuant to a fresh Certificate of Incorporation issued by the Registrar of Companies, Gujarat, on December 21, 2023.
| Event | Date |
|---|---|
| Winsol Engineers Ltd IPO Opening Date | 6 May 2024 |
| Winsol Engineers Ltd IPO Closing Date | 9 May 2024 |
| Basis of Allotment | 10 May 2024 |
| Initiation of Refunds | 13 May 2024 |
| Credit of Shares to Demat | 13 May 2024 |
| Winsol Engineers Ltd IPO Listing Date | 14 May 2024 |
Winsol Engineers Ltd IPO Details
| Winsol Engineers Ltd IPO Date | 6 May 2024 to 9 May 2024 |
| Winsol Engineers Ltd IPO Face Value | ₹10 per share |
| Winsol Engineers Ltd IPO Price | ₹71 to ₹75 per share |
| Winsol Engineers Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹23.36 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹23.36 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ramesh Jivabhai Pindariya, Amri Ramesh Pindariya, Pindariya Kashmira |
Winsol Engineers Ltd IPO Lot Size
The Winsol Engineers Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,20,000 |
| Maximum | 1 | 1,600 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- End-to-end execution capabilities.
- Optimal Utilization of Resources.
- Long-standing relationships with its customers.
Company Financials
Winsol Engineers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 38.98 | 75.24 | 8.68 |
| 03-2023 | 28.57 | 65.45 | 5.17 |
| 03-2022 | 27.65 | 60.8 | 1.08 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirements
- General Corporate Purposes
Winsol Engineers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 75% |
| Post Issue Share Holding | 54.75% |
Winsol Engineers Ltd IPO Subscription Status (Bidding Detail)
The Winsol Engineers Ltd IPO is subscribed 455.4792 times on 9 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 455.4792 |
Winsol Engineers Ltd IPO Prospectus
Winsol Engineers Ltd IPO Listing Date
| Listing Date | 14 May 2024 |
| BSE Script | 92870 |
| NSE Symbol | WINSOL |
| Listing In | NSE - SME |
| ISIN | INE0S3D01016 |
| IPO Price | ₹75 |
| Face Value | ₹10 |
Company Contact Information
Shop # 301 Madhav Commercial -Complex Khodiyar Colony,Jamnagar-361006
Phone: 0288 2710 708
Email: info@winsol.info
Website: www.winsol.info
Winsol Engineers Ltd IPO Registrar
Winsol Engineers Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Winsol Engineers Ltd IPO?
I have pre-applied for Winsol Engineers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.