Winsol Engineers Limited

06 May 2024 - 09 May 2024 Individual Category SME NSE

Min Investment

₹227200

Price Band

₹71-₹75

Issue Size

22.32 lakhs
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
img

06 May 2024

Open Date

img

09 May 2024

Close Date

img

10 May 2024

Allotment Date

img

14 May 2024

Listing Date

Winsol Engineers IPO is open for subscription starting Monday, May 6, 2024, and closing on Thursday, May 9, 2024. The price band of this upcoming IPO is decided at Rs 71 to Rs 75 per share. The minimum lot size set for the retail category is 1600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares. The minimum investment required for retail category investors is Rs 1,20,000 (75 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,40,000 (75 x 3200 shares). Winsol Engineers IPO is a book-built  issue of Rs 23.36 crores. This upcoming IPO is a fresh issue of 31.15 lakh equity shares. The offer-for-sale component is not available on this issue. The allotment for this new IPO is expected to be finalised on Friday, May 10, 2024. Winsol Engineers IPO will be listed on NSE SME, and the listing date is fixed on Tuesday, May 14, 2024. The book-running lead manager of Winsol Engineers IPO is Beeline Capital Advisors Private Limited. The registrar for this IPO is Kfin Technologies Limited. The market maker of this issue is Spread X Securities. 

Know Before Investing

Strengths icon

Weaknesses icon

About Winsol Engineers Limited

Winsol Engineers Limited, incorporated in 2015, is the fastest-growing organisation that serves renewable solutions. It provides integrated engineering, procurement, construction and commissioning services for balance-of-plant solutions for both wind and solar power-generating firms. Winsol’s core services for BoP solutions include foundation work, substation civil and electrical work and right-of-way services. In addition to its core business, the company also provides operation and maintenance services for plant handling and monitoring. Their clients in the renewables energy industry give a lead to other clients due to their historical track record of timely completion of projects. Winsol Engineers has a total team of more than 200 engineers and technicians who execute various projects. The company has been executing various projects on a Turnkey basis for various clients including Suzlon, KP Green, Adani Green, Powerica Limited.

Founded

2015

Managing Director

Ramesh Jivabhai Pindariya

Parent Organization

IPO Objectives

The net proceeds from this initial public offering will be used to cover the working capital requirements for smooth functioning of the company. Additionally, general corporate purposes will also be covered.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account