The Winsol Engineers IPO commenced on May 6, 2024, and concluded on May 9, 2024. The allotment of shares took place on May 10, 2024, and the initiation of refunds began on May 13, 2024. The shares were credited to the demat accounts of investors on May 13, 2024. Finally, the listing of Winsol Engineers on the stock exchange occurred on May 15, 2024.
The Winsol Engineers IPO was priced at ₹71 to ₹75 per share, with a lot size of 1600 shares. The total issue size was ₹23.36 crores, comprising a fresh issue of ₹23.36 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Winsol Engineers IPO Basic Details
| Company Name | Winsol Engineers Limited |
| Domain of Company | Solar & Wind EPC Company |
| Winsol Engineers IPO GMP Today | ₹124 |
| Winsol Engineers IPO Listing Gain | 165.33% |
| Winsol Engineers IPO Open Date | May 6, 2024 |
| Winsol Engineers IPO Close Date | May 9, 2024 |
| Winsol Engineers IPO Allotment Date | May 10, 2024 |
| Winsol Engineers IPO Listing Date | May 14, 2024 |
| Face Value | ₹10 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,115,200 shares of ₹10 (aggregating up to ₹23.36 Cr) |
| Fresh Issue | 3,115,200 shares of ₹10 (aggregating up to ₹23.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Ramesh Jivabhai Pindariya, Mrs. Amri Ramesh Pindariya, Ms. Pindariya Kashmira, Ms. Kashish Ramesh Pindariya and Mr. Kishor Jivabhai Pindariya |
Winsol Engineers IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹124 | 165.33% | – | – |
| 3 May 2024 | ₹124 | 165.33% | – | – |
Winsol IPO Details:
Winsol Engineers Limited was founded in December 2015 to help solar and wind power companies with everything they need to set up their plants. They handle the whole process from start to finish, including building foundations, setting up substations, and making sure everything is in the right place.
The company is super serious about quality. They have certifications like ISO-9001-2015, ISO-14001-2015, and ISO-45001-2018 to prove it.
They’ve got a big team too, with over 200 engineers and technicians ready to get projects done.
Right now, they’re working on 41 big projects valued at around ₹11,953.31 lakhs. And they’ve already invoiced more than ₹2,115.54 lakhs by March 31, 2024, leaving them with a bunch more work worth ₹9,837.75 lakhs.
They’re growing fast too! By December 31, 2023, they had over 270 employees, including those 200+ engineers and technicians.
Winsol Engineers IPO More Details Click Here
Winsol Engineers IPO FAQs
When is Winsol Engineers IPO open?
Winsol Engineers IPO will open on 6 May 2024.
When is Winsol Engineers IPO Close?
Winsol Engineers IPO will be closed on 9 May 2024.
What is Winsol Engineers IPO GMP Today?
The Winsol Engineers IPO GMP aka Grey Market Premium is ₹124.
What is Winsol Engineers IPO Kostak Rates Today?
The Winsol Engineers IPO Kostak Rate is ₹000.
What is Winsol Engineers IPO Subject to Sauda Price Today?
The Winsol Engineers IPO subject to sauda rates is ₹000.
Winsol Engineers IPO Expected Returns?
The Winsol Engineers expected return is 165.33%.
How much will be the listing gain in Winsol Engineers IPO?
Winsol Engineers IPO will get listing gain of 165.33%. (Approx.)
