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Winny Immigration & Education Services Limited

SME

Issue Price

₹140

per equity share

Issue Size

6.52 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

1000

equity share

Please note

Listing at NSE

Winny Immigration & Education Services Limited

Important Dates

IPO Open Date

20 Jun 2024

IPO Close Date

24 Jun 2024

Allotment Date

25 Jun 2024

Initiation of Refunds

26 Jun 2024

Credit of Shares to Demat Account

26 Jun 2024

IPO Listing Date

27 Jun 2024

UPI Mandate Expiry Date

24 Jun 2024

IPO Details

Winny Immigration IPO is open for subscription starting Thursday, June 20, 2024, and closing on Monday, June 24, 2024. The price of this upcoming IPO is decided at Rs 140 per share. The minimum lot size set for the retail category is 1000 shares. Meanwhile, the minimum lot size for the HNI category is two lots consisting of 2000 shares. The minimum investment required for retail category investors is Rs 1,40,000 ( 140 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (140 x 2000 shares). Winny Immigration IPO is a fixed price issue of Rs 9.13 crores. This upcoming IPO is entirely a fresh issue of 6.52 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, June 25, 2024. Winny Immigration IPO will be listed on NSE SME, and the listing date is fixed on Thursday, June 27, 2024. The book-running lead manager of Winny Immigration IPO is Interactive Financial Services Limited. The registrar for this IPO is Bigshare Services Private Limited. The market maker for this IPO is Beeline Broking.

About Winny Immigration & Education Services Limited

Winny Immigration and Education Services Limited, incorporated in 2008, is primarily involved in the Visa consultancy business. They assist the individual with studying, travelling, working, and conducting business and migration processes. Winny Immigration company has assisted more than 1000 clients with immigration and visa processes by providing visa consultancy. The company's team has decades of experience and a network of 12 strategically located offices. They have smartly guided many clients through these complex procedures. The company provides consultation for the following services – Training for language proficiency examinations, consulting and processing a variety of temporary residence visas and permanent residence visas. Winny has 12 offices in Gujarat, Maharashtra, and Delhi, including branches, franchisees and virtual offices in Canada. As per the latest information available, the company has a team of around 145 employees at various levels of organisation.

Parent Organisation

-

Founded

2008

Managing Director

Jognesh Patel

IPO Objectives

The funds will be allocated for opening new offices in India, software development, debt repayment, branding and advertising, general corporate purposes, and meeting public issue expenses.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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