Winsol Engineers Ltd. Limited IPO GMP

WinSol Engineers Ltd is a fastest growing organisation and serve in Renewable solutions. Their motto is to use power of science and natural resources and to become a largest renewable solution company. WinSol Engineers Ltd. is coming up with an IPO to raise funds from the public.

WinSol Engineers IPO is based on the Book Built Issue. The Issue size of the IPO is Rs. 29.36 Crores comprising of fresh issue of 3,115,200 shares. WinSol Engineers IPO will be open on 06th May 2024 for subscription and closed on 09th May 2024 for the subscription.

The allotment of WinSol Engineers IPO is expected to be finalized on 10th May 2024 and will be listed on the BSE SME platform on 14th May 2024. The Issue price band of the IPO is set at Rs. 71 to Rs. 75 Per Share. The minimum lot size for an application is 1600 shares and the minimum amount of investment required to subscribe to the WinSol Engineers IPO under the Retail category is Rs. 1,20,000. The Minimum lot size and the minimum amount of Investment required for an application under the HNI category are 3200 shares and Rs. 2,40,000 respectively.

The book-running lead manager of the WinSol Engineers IPO is Beeline Capital Advisors Private Limited and the registrar is KFin Technologies Limited for the issue. The market maker for WinSol Engineers IPO is Spread X Securities Private Limited.

Refer WinSol Engineers RHP for more details about the company and the IPO.

The company is benefited from the extensive experience of their Promoters Mr. Ramesh Jivabhai Pindariya and Mr. Kishor Jivabhai Pindariya, who are associated with their company since its incorporation i.e., on December 30, 2015 in Jamnagar, Gujarat, and having experience of more than 35 (Thirty-Five) years in the Engineering Industry. Their Board of Directors, Key Managerial Personnel and Senior Management Personnel has also provided significant contribution in the growth of their company.