New Delhi (India), Could 6: ‘Winsol Engineers Restricted’ Ltd IPO opens on sixth Could 2024 and Closes on 9th Could 2024. ‘Winsol Engineers Restricted’ Ltdwas included as ‘Winsol Engineers Non-public Restricted’ at Jamnagar, later the Firm was modified to ‘Winsol Engineers Restricted’ on December 21, 2023.
Situated in Jamnagar, Winsol Engineers Restricted is an built-in engineering, procurement, building, and commissioning firm that gives Steadiness of Plant (BoP) Options for each wind and solar energy era firms. The corporate’s core companies for BoP Options embody Basis work, Substation Civil and Electrical work, Proper of Approach companies, cabling to substation and Grid, and Miscellaneous work; their purchasers are within the renewable power trade preferring Winsol Engineers Ltd. for the BoP options as a consequence of their historic observe file of well timed completion of the mission, experience and in depth expertise within the enterprise and value effectivity. Along with its core BoP Options, the corporate additionally supplies Operation and Upkeep companies for Plant dealing with and monitoring. The corporate has benefited from the in depth expertise of its Promoters, Mr. Ramesh Jivabhai Pindariya and Mr. Kishor Jivabhai Pindariya, who’re related to the corporate since its incorporation and have greater than 35 (Thirty-5) years within the Engineering Business. The Board of Administrators, Key Managerial Personnel and Senior Administration Personnel has additionally made a major contribution to the expansion of the corporate.
Publish IPO, the corporate’s shares will probably be listed on NSE EMERGE.
| Winsol Engineers’ Ltd. | |
| ISSUE DETAILS | |
| No. of Shares | 31,15,200 fairness shares |
| Situation Dimension (Rs. In Crs) | 23.36 (at higher worth band) |
| Value Band (Rs.) | 71 – 75 |
| Situation Kind | Contemporary Situation – E-book construct |
| Anchor E-book | Friday, third Could, 2024 |
| Situation Open On | Monday, sixth Could, 2024 |
| Situation Closes On | Thursday, 9th Could, 2024 |
| Anchor E-book | No more than 8,83,200 fairness shares |
| Reservation for Market Maker | 1,58,400 fairness shares |
| Reservation for Retail | Not lower than 10,35,200 fairness shares |
| Reservation for HNIs | Not lower than 4,44,800 fairness shares |
| Reservation for Web QIBs | No more than 5,93,600 fairness shares |
| Lot Dimension | 1600 |
| E-book Operating Lead Supervisor | Beeline Capital Advisors Pvt Ltd |
| Registrar to the Situation | KFIN Applied sciences Ltd |
Winsol Engineers Limited’s IPO Targets:
-The corporate plans to allocate the online proceeds from the issuance to the next functions
-To fulfill working capital necessities.
-Common Company Function.
Key Financials:
The corporate has posted a complete income of two,216.35 Lakhs. (FY21), Rs. 6,070.19 Lakhs (FY22), Rs.6 538.66 Lakhs (FY23) and Rs. 5,195.23 (For the interval ended December 2023).
The corporate has posted a Web Revenue of 49.44 Lakhs. (FY21), Rs. 108.46 Lakhs (FY22), Rs.518.07 Lakhs (FY23) and Rs. 677.26 (For the interval ended December 2023).
E-book Operating Lead supervisor of the problem is Beeline Capital Advisors Pvt Ltd, and the Registrar of the problem is KFin Applied sciences Restricted.
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