Winsol Engineers Limited IPO
Winsol Engineers Limited established with the aim to use the power of science to deliver unmatched performance of natural resources and build the future of the next generation with energy sustenance. Winsol Engineers Limited technology driven organization, it differentiates through its talented and passionate people and unique combination of capabilities. Its deep market sector insights and ability to integrate health & safety and sustainability into the design and delivery of innovative solutions. Working in partnership with our clients to deliver exceptional outcomes through the application of design, consultancy, engineering, project and management services.
Winsol Engineers IPO is a book-built issue of Rs 23.36 crores. The issue is entirely a fresh issue of 31.15 lakh shares. Winsol Engineers IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600 Shares. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Winsol Engineers IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Winsol Engineers IPO is Spread X Securities.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Winsol Engineers Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Winsol Engineers Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 6, 2024 to May 9, 2024 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 3,115,200 shares (aggregating up to ₹23.36 Cr) |
| Fresh Issue | 3,115,200 shares (aggregating up to ₹23.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,420,000 |
| Share holding post issue | 11,535,200 |
| Market Maker portion | 158,400 shares |
Winsol Engineers Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Monday, May 6, 2024 |
| IPO Close Date | Thursday, May 9, 2024 |
| Basis of Allotment | Friday, May 10, 2024 |
| Initiation of Refunds | Monday, May 13, 2024 |
| Credit of Shares to Demat | Monday, May 13, 2024 |
| Listing Date | Tuesday, May 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 9, 2024 |
Winsol Engineers Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
Winsol Engineers Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 72.99% |
Competitive Strength:
- -
Winsol Engineers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2023 | 3,565.34 | 5,202.28 | 677.26 | 1,527.15 | 846.76 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 2,856.01 | 6,544.53 | 518.07 | 873.89 | 1,058.84 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 2,764.80 | 6,080.00 | 108.46 | 343.93 | 928.90 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 1,816.83 | 2,224.58 | 49.44 | 238.55 | 814.49 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.33% |
| ROCE | 11.71% |
| Debt/Equity | 0.55 |
| RoNW | 44.35% |
| P/BV | 4.13 |
| PAT Margin (%) | 13.04 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.15 | 7.83 |
| P/E (x) | 12.19 | 9.58 |
Objectives of Winsol Engineers IPO
The Issue Proceeds from the Fresh Issue will be utilised towards the following objectives:
- 1. Working Capital Requirements.
- 2. General Corporate Purposes.
Winsol Engineers Limited IPO Review
The company is in the Wind and Solar power generation installations/maintenance and material supply business that has been growing for the past few years and is set for bright prospects under Government of India’s renewable power generation plans and spending. This company marked growth in its top and bottom lines for the reported periods. Based on annualised FY24 earnings, the issue appears reasonably priced. Investors may invest in this lucrative offer for the medium to long term rewards.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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What is Winsol Engineers IPO?
Winsol Engineers 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.
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When will Winsol Engineers IPO?
The IPO is to open on May 6, 2024 for QIB, NII, and Retail Investors.
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What is Winsol Engineers IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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Is Winsol Engineers Private Limited a profitable company?
The company reported profits of around Rs. 5.18 crore in FY23 for revenue worth Rs. 65.44 crore. In the previous financial year, it recorded Rs. 1.08 crore in profits and Rs. 60.8 crore in revenue, approximately.
