IPO Synopsis


Winsol Engineers Ltd

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 75.00-0.00 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 75.00  

Project

  • Working Capital Requirements
  • General Corporate Purposes

Promoted By

Ramesh Jivabhai Pindariya

Amri Ramesh Pindariya

Pindariya Kashmira

Listing At

NSE - SME

Registrar to the Issue

No Data Available