58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Winsol Engineers Limited IPO (Winsol Engineers IPO) Detail

Winsol Engineers IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jamnagar and caters to Power And Energy sector. Beeline Capital Advisors Private is the merchant banker of Winsol Engineers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th February 2024.

Winsol Engineers IPO open date is 6th May 2024 and close date is 9th May 2024. IPO Allotment Date is 10th May 2024 and Listing date is 14th May 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Winsol Engineers IPO Date

Date of DRHP:
20th February 2024
IPO Allotment Date:
10th May 2024
IPO Open Date:
6th May 2024
Initiation of Refund:
13th May 2024
IPO Closing Date:
9th May 2024
IPO Listing Date:
14th May 2024

Winsol Engineers IPO Info, Size, Subscription

Winsol Engineers IPO size is Rs 23.36 Cr. crores with IPO price of Rs 75.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 23.36 Cr.

Issue Price:
₹ 75.00

Market Capitalisation :
₹ 86.51 Cr.

PE multiple :
9.58

Subscription :
682.14 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
72.99%

Winsol Engineers IPO Information

Sub Sector : Wind and Solar power generation installations/maintenance and material supply business
Winsol Engineers Limited specializes in providing Balance of Plant solutions for Wind and Solar projects, which encompasses all components of a power generation facility, excluding the main generating equipment like turbines or generators. The company is responsible for the design, procurement, installation, and commissioning of balance of plant systems necessary for the plant's operation. Additionally, under its Operation & Maintenance vertical, the company supports site operations to optimize performance by minimizing turbine downtime, providing SCADA monitoring, inspecting and reporting abnormalities, scheduling maintenance, conducting periodical replacements, and participating in audits. The company also offers manpower supply for these services.

Object of Issue (Winsol Engineers IPO Objectives)

  • Working Capital Requirements
  • General Corporate Purposes

Beeline Capital Advisors Private Limited is the book-running lead manager of the Winsol Engineers IPO. Kfin Technologies Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Winsol Engineers IPO.

Winsol Engineers IPO Market Maker

Spread X Securities Private Limited

Winsol Engineers IPO Registrar (RTA)

Kfin Technologies Limited

Winsol Engineers IPO Lead Manager (BRLM)

Beeline Capital Advisors Private Limited

Winsol Engineers IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.

Anchor Investors in Winsol Engineers IPO

No. of Anchor Investors: 6

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Negen Undiscovered Value 134,400.00 ₹75.00 ₹10,080,000.00
Nav Capital Vcc 134,400.00 ₹75.00 ₹10,080,000.00
Minerva Ventures Fund 211,200.00 ₹75.00 ₹15,840,000.00
Craft Emerging Market 134,400.00 ₹75.00 ₹10,080,000.00
Kingsman Wealth Fund 134,400.00 ₹75.00 ₹10,080,000.00
Galaxy Noble Global 134,400.00 ₹75.00 ₹10,080,000.00

Winsol Engineers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Winsol Engineers IPO?

Winsol Engineers IPO, based in Jamnagar, operates in the   Power And Energy sector with a focus on Wind and Solar power generation installations/maintenance and material supply business. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Winsol Engineers IPO size is ₹ 23.36 Cr. Crores with fresh issue size of Rs 23.36 Cr. Crores and Offer for sale being Nil.

When is Winsol Engineers IPO allotment?

The IPO allotment date for Winsol Engineers IPO is expected to be 10th May 2024, after the finalization of basis of allotment. Investors can check Winsol Engineers IPO allotment status on the registrars website, Kfin Technologies Limited. Winsol Engineers IPO refund dates are 13th May 2024.

When is Winsol Engineers IPO listing date?

Winsol Engineers IPO is expected to be listed on 14th May 2024.

What is the price band for Winsol Engineers IPO?

The upper price band for the Winsol Engineers IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Winsol Engineers IPO Review?

For IPO analysis on Winsol Engineers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Winsol Engineers IPO?

To apply for the Winsol Engineers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th May 2024. After submission, funds are blocked until the basis of allotment of Winsol Engineers IPO is finalised.

Who is the merchant banker of Winsol Engineers IPO?

The merchant banker for Winsol Engineers IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Winsol Engineers IPO RHP for further details.

Who is the Registrar of Winsol Engineers IPO?

The registrar for Winsol Engineers IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Winsol Engineers IPO through their official website or helpline.

What is the Winsol Engineers IPO subscription?

Winsol Engineers IPO was subscribed 682.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 23.36 Cr. Avg IPO Size (Sector Based) : ₹ 33.61 Cr.
  • Sector: Power And Energy SME IPO so far: 8
  • Merchant Banker: Beeline Capital SME IPO by BRLM so far: 47
  • City: Jamnagar SME IPO so far: 10
  • Revenue (annualised): ₹ 69.27 cr.
            PAT: (annualised): ₹ 9.03 cr.
  • PE Ratio: 9.58x Average Sector PE Ratio: 17.25x
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FAQs

Winsol Engineers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Winsol Engineers Financial Review Page

Winsol Engineers IPO subscription was 682.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Winsol Engineers IPO listed at a listing price of 383.25 against the offer price of 75.00.

The current market price of Winsol Engineers is 200.80.

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