Winsol Engineers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 06 to May 09 2024
Price Band
₹71 - 75
Current GMP
₹365
Subscription
682.14 times
IPO Details
| IPO Date | May 6, 2024 to May 9, 2024 |
| Listing Date | Tuesday, May 14, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 3,115,200 shares (aggregating up to ₹23.36 Cr) |
| Fresh Issue | 3,115,200 shares (aggregating up to ₹23.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,420,000 |
| Share holding post issue | 11,535,200 |
| Market Maker portion | 158,400 shares Spread X Securities |
IPO Date
May 6, 2024 to May 9, 2024
Listing Date
Tuesday, May 14, 2024
Face Value
₹10 per share
Price Band
₹71 to ₹75 per share
Lot Size
1600 Shares
Total Issue Size
3,115,200 shares (aggregating up to ₹23.36 Cr)
Fresh Issue
3,115,200 shares (aggregating up to ₹23.36 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
8,420,000
Share holding post issue
11,535,200
Market Maker portion
158,400 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 207.23 |
| Non-Institutional Buyers*** | 1,087.81 |
| Retail Investors | 780.15 |
| Total ** | 682.14 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
207.23
Non-Institutional Buyers***
1,087.81
Retail Investors
780.15
Total **
682.14
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 May 6, 2024 | 1.13 | 22.78 | 53.95 | 32.14 |
| Day 2 May 7, 2024 | 1.22 | 100.68 | 185.69 | 114.65 |
| Day 3 May 8, 2024 | 16.56 | 202.97 | 374.20 | 235.09 |
| Day 4 May 9, 2024 | 207.23 | 1,087.81 | 780.15 | 682.14 |
DayDay 1
May 6, 2024
QIB1.13
NII*22.78
Retail53.95
Total32.14
DayDay 2
May 7, 2024
QIB1.22
NII*100.68
Retail185.69
Total114.65
DayDay 3
May 8, 2024
QIB16.56
NII*202.97
Retail374.20
Total235.09
DayDay 4
May 9, 2024
QIB207.23
NII*1,087.81
Retail780.15
Total682.14
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 14-05-2024 | 75.00 | 199(265.33%) | 274 |
| 13-05-2024 | 75.00 | 199(265.33%) | 274 |
| 12-05-2024 | 75.00 | 200(266.67%) | 275 |
| 11-05-2024 | 75.00 | 200(266.67%) | 275 |
| 10-05-2024 | 75.00 | 200(266.67%) | 275 |
| 09-05-2024 | 75.00 | 200(266.67%) | 275 |
| 08-05-2024 | 75.00 | 190(253.33%) | 265 |
| 07-05-2024 | 75.00 | 170(226.67%) | 245 |
| 06-05-2024 | 75.00 | 145(193.33%) | 220 |
| 05-05-2024 | 75.00 | 124(165.33%) | 199 |
| 04-05-2024 | 75.00 | 124(165.33%) | 199 |
| 03-05-2024 | 75.00 | 124(165.33%) | 199 |
| 02-05-2024 | 75.00 | 125(166.67%) | 200 |
| 01-05-2024 | 75.00 | 95(126.67%) | 170 |
| 30-04-2024 | 75.00 | 60(80.0%) | 135 |
| 29-04-2024 | 75.00 | 0(0.0%) | 75 |
Date14-05-2024
Price75.00
GMP199(265.33%)
Estimate List Price274
Date13-05-2024
Price75.00
GMP199(265.33%)
Estimate List Price274
Date12-05-2024
Price75.00
GMP200(266.67%)
Estimate List Price275
Date11-05-2024
Price75.00
GMP200(266.67%)
Estimate List Price275
Date10-05-2024
Price75.00
GMP200(266.67%)
Estimate List Price275
Date09-05-2024
Price75.00
GMP200(266.67%)
Estimate List Price275
Date08-05-2024
Price75.00
GMP190(253.33%)
Estimate List Price265
Date07-05-2024
Price75.00
GMP170(226.67%)
Estimate List Price245
Date06-05-2024
Price75.00
GMP145(193.33%)
Estimate List Price220
Date05-05-2024
Price75.00
GMP124(165.33%)
Estimate List Price199
Date04-05-2024
Price75.00
GMP124(165.33%)
Estimate List Price199
Date03-05-2024
Price75.00
GMP124(165.33%)
Estimate List Price199
Date02-05-2024
Price75.00
GMP125(166.67%)
Estimate List Price200
Date01-05-2024
Price75.00
GMP95(126.67%)
Estimate List Price170
Date30-04-2024
Price75.00
GMP60(80.0%)
Estimate List Price135
Date29-04-2024
Price75.00
GMP0(0.0%)
Estimate List Price75
IPO Important Dates
| 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 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹240,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,565.34 | 2,856.01 | 2,764.80 |
| Revenue | 5,202.28 | 6,544.53 | 6,080.00 |
| Profit After Tax | 677.26 | 518.07 | 108.46 |
| Net Worth | 1,527.15 | 873.89 | 343.93 |
| Reserves and Surplus | 685.15 | 871.89 | 341.93 |
| Total Borrowing | 846.76 | 1,058.84 | 928.90 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20233,565.34
31 Mar 20232,856.01
31 Mar 20222,764.80
Period EndedRevenue
31 Dec 20235,202.28
31 Mar 20236,544.53
31 Mar 20226,080.00
Period EndedProfit After Tax
31 Dec 2023677.26
31 Mar 2023518.07
31 Mar 2022108.46
Period EndedNet Worth
31 Dec 20231,527.15
31 Mar 2023873.89
31 Mar 2022343.93
Period EndedReserves and Surplus
31 Dec 2023685.15
31 Mar 2023871.89
31 Mar 2022341.93
Period EndedTotal Borrowing
31 Dec 2023846.76
31 Mar 20231,058.84
31 Mar 2022928.90
Key Performance Indicator
| ROE | 22.33% |
| ROCE | 11.71% |
| Debt/Equity | 0.55 |
| RoNW | 44.35% |
| P/BV | 4.13 |
| PAT Margin (%) | 13.04 |
| EPS (Rs) | 6.15 |
ROE
22.33%
ROCE
11.71%
Debt/Equity
0.55
RoNW
44.35%
P/BV
4.13
PAT Margin (%)
13.04
EPS (Rs)
6.15
IPO Reservation
| Anchor Investor Shares Offered | 883,200 (28.35%) |
| Market Maker Shares Offered | 158,400 (5.08%) |
| QIB Shares Offered | 593,600 (19.05%) |
| NII (HNI) Shares Offered | 444,800 (14.28%) |
| Retail Shares Offered | 1,035,200 (33.23%) |
| Total Shares Offered | 3,115,200 (100%) |
Anchor Investor Shares Offered
883,200 (28.35%)
Market Maker Shares Offered
158,400 (5.08%)
QIB Shares Offered
593,600 (19.05%)
NII (HNI) Shares Offered
444,800 (14.28%)
Retail Shares Offered
1,035,200 (33.23%)
Total Shares Offered
3,115,200 (100%)
Information about company
Incorporated in December 2015,Winsol Engineers Limited is a company that provides integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for both solar and wind power generation firms.
The company's core services for BoP Solutions include foundation work, substation civil and electrical work, and right-of-way services.
The company is ISO-9001-2015, ISO-14001-2015, and ISO-45001-2018 certified, demonstrating its execution capabilities in quality.
The company has more than 200 engineers and technicians on their team for project execution.
As of April 2024, they have more than 41 major ongoing projects with a total value of approximately â¹11,953.31 lakhs. As of March 31, 2024, invoices totalling more than â¹2,115.54 lakhs have been booked, leaving an unexecuted or unbilled order book of â¹9,837.75 lakhs.
As of December 31, 2023, the workforce consists of over 270 employees, including more than 200 engineers and technicians.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
Working Capital Requirements
General Corporate Purposes
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
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