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Winny Immigration IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jun 20 to Jun 24 2024
Price Band ₹140
Current GMP ₹240(71.42%)
Subscription 154.12 times

IPO Details

IPO Date
June 20, 2024 to June 24, 2024
Listing Date
Thursday, June 27, 2024
Face Value
₹10 per share
Price
₹140 per share
Lot Size
1000 Shares
Total Issue Size
652,000 shares (aggregating up to ₹9.13 Cr)
Fresh Issue
652,000 shares (aggregating up to ₹9.13 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
1,518,000
Share holding post issue
2,170,000
Market Maker portion
34,000 shares Aftertrade Broking

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers***
109.62
Retail Investors
189.59
Total **
154.12

Day Wise Sub

DayDay 1 Jun 20, 2024
NII*11.38
Retail8.16
Total10.12
DayDay 2 Jun 21, 2024
NII*18.58
Retail35.73
Total27.85
DayDay 3 Jun 24, 2024
NII*109.62
Retail189.59
Total154.12

Day Wise GMP

Date27-06-2024
Price140.00
GMP77(55.0%)
Estimate List Price217
Date26-06-2024
Price140.00
GMP77(55.0%)
Estimate List Price217
Date25-06-2024
Price140.00
GMP77(55.0%)
Estimate List Price217
Date24-06-2024
Price140.00
GMP77(55.0%)
Estimate List Price217
Date23-06-2024
Price140.00
GMP75(53.57%)
Estimate List Price215
Date22-06-2024
Price140.00
GMP60(42.86%)
Estimate List Price200
Date21-06-2024
Price140.00
GMP60(42.86%)
Estimate List Price200
Date20-06-2024
Price140.00
GMP70(50.0%)
Estimate List Price210
Date19-06-2024
Price140.00
GMP49(35.0%)
Estimate List Price189
Date18-06-2024
Price140.00
GMP49(35.0%)
Estimate List Price189
Date17-06-2024
Price140.00
GMP45(32.14%)
Estimate List Price185
Date16-06-2024
Price140.00
GMP45(32.14%)
Estimate List Price185

IPO Important Dates

IPO Open Date
Thursday, June 20, 2024
IPO Close Date
Monday, June 24, 2024
Basis of Allotment
Tuesday, June 25, 2024
Initiation of Refunds
Wednesday, June 26, 2024
Credit of Shares to Demat
Wednesday, June 26, 2024
Listing Date
Thursday, June 27, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 24, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹280,000

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 2024542.84
31 Mar 2023541.93
31 Mar 2022276.26
Period EndedRevenue
31 Mar 20241,102.12
31 Mar 20231,197.91
31 Mar 20221,004.07
Period EndedProfit After Tax
31 Mar 202439.27
31 Mar 2023144.71
31 Mar 2022127.63
Period EndedNet Worth
31 Mar 2024230.72
31 Mar 2023191.46
31 Mar 202246.75
Period EndedReserves and Surplus
31 Mar 202478.92
31 Mar 2023188.16
31 Mar 202243.45
Period EndedTotal Borrowing
31 Mar 2024206.84
31 Mar 2023232.02
31 Mar 2022127.91

Key Performance Indicator

ROE
18.60%
ROCE
15.74%
Debt/Equity
0.9
RoNW
17.02%
P/BV
9.21
EPS (Rs)
2.59

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
34,000 (5.21%)
Other Shares Offered
309,000 (47.39%)
Retail Shares Offered
309,000 (47.39%)
Total Shares Offered
652,000 (100%)

Information about company

Incorporated in 2008, Winny Immigration and Education Services Ltd. is primarily involved in the visa consultancy business. The company assists individuals for study, travel, work, business, and migration purposes. The company has assisted thousands of clients with immigration and visa processes, providing visa consultancy. With decades of experience and a network of 12 strategically located offices, they have effectively guided many clients through these complex procedures. Winny offers visa guidance, immigration assistance, and documentation services. The company provides consultations for the following services: 1. Training for Language Proficiency Examinations, 2. Consulting and processing a variety of Temporary Residence Visas, 3. Consulting and processing Permanent Residency Visas. The company has 12 offices in Gujarat, Maharashtra, and Delhi, including branches, franchisees, and a virtual office in Canada. As of March 31, 2024, the company has employed around 145 employees at various levels of the Organization.

Objectives of IPO

The company proposes to use the Net Proceeds from the issue for the following objects: Opening new offices in India Software development Repayment of Debt Branding and Advertisement General Corporate Purpose Meeting Public Issue Expenses.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App