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 | 1,600 Shares |
| Total Issue Size | 31,15,200 shares (aggregating up to ₹ 23.36 Cr) |
| Fresh Issue | 31,15,200 shares (aggregating up to ₹ 23.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 84,20,000 |
| Share holding post issue | 1,15,35,200 |
| Market Maker portion | 1,58,400 shares |
About 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.
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.
Winsol Engineers Limited IPO Financial Information
Latest Revenue
5,202.28
₹ Crore
Profit After Tax
677.26
₹ Crore
Net Worth
1,527.15
₹ Crore
Total Borrowing
846.76
₹ Crore
| Period Ended | Assets | Revenue From Operations | 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 | |||||||||
Winsol Engineers Limited 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 |
Frequently Asked Questions
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Competitive Strengths
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Winsol Engineers Limited IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |