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Winsol Engineers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Winsol Engineers Ltd IPO

Registered Office: Shop # 301 Madhav Commercial -,Complex Khodiyar Colony , Jamnagar - 361006 , Gujarat , India.
Phone : 0288 2710 708   Fax:
Email :  info@winsol.info  
Website :  www.winsol.info
Initial public issue of 3115200 equity shares of face value of (Rs)10/- each of Winsol Engineers Limited ("Winsol", "WEL" or the "Company" or the "Issuer") for cash at a price of (Rs)75/- per equity share including a share premium of (Rs)65/- per equity share (the "Issue Price") aggregating to (Rs)23.36 crores ("The Issue"), of which 158400 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)75/- per equity share including a share premium of (Rs)65/- per equity share aggregating to (Rs)1.19 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 2956800 equity shares of face value of (Rs)10/- each at a price of (Rs)75/- per equity share including a share premium of (Rs)65/- per equity share aggregating to (Rs)22.18 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.01% and 25.63%, respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
06-May-24 09-May-24 (Rs)75.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 20.31
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 23.36  
Post Issue Equity Share Capital 11.54  
Issue Price (Rs)75.00  
 
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Ramesh Jivabhai Pindariya  
Amri Ramesh Pindariya  
Pindariya Kashmira  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd