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Winsol Engineers Limited
listed
₹1.14LMin. investment
About Winsol Engineers Limited
Issue size
₹23,36,00,000Cr
IPO type
SME
Price range
₹71.00 – ₹75.00
Lot size
1600 shares
Red Herring Prospectus
Read
Price range₹71.00 – ₹75.00
IPO type
SME
Lot size1600 shares
Issue size₹23,36,00,000Cr
Red Herring Prospectus
Read
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About Winsol Engineers Limited
About Winsol Engineers Limited Incorporated in 2015, Located at Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies. Their core services for BoP Solutions includes Foundation work, Substation Civil and Electrical work, Right of Way services, Cabling to substation and Grid, and Miscellaneous work. The company has a Wholly owned subsidiary namely Repower Infrastructure Private Limited. Repower Infrastructure Private Limited is also engaged in the same line of business. Pursuant to which, the company acquired entire stake of Repower Infrastructure Private Limited on February 10, 2024 making it their Wholly owned subsidiary as on date. The materials essential for executing projects are meticulously sourced and managed to ensure the highest quality and compliance with project specifications. The materials required for performing the scope of work are Conductors, Earthwires and staywires, Fabrication material, Bird Guard and Bird Diverter, Insulators, Isolators, Surge arrestors, Optical Ground Wire, Beams and poles, various tower structures, fasteners and other required hardware. While the specifics of raw materials can vary based on project requirements, they maintain comprehensive records of each type of material procured. These records include details such as material specifications, supplier information, quality certificates, and any relevant compliance documentation. They procure raw material from domestic sources only. End users of their services are Companies engaged in the renewable energy sector. Their company has total team strength of more than 200 (Engineers and Technicians) for execution of various projects. The company has been executing various projects on a Turnkey basis for various clients including Suzlon, Adani Green Energy, Powerica Limited and KP Energy Limited. Company has demonstrated a prominent presence in execution of projects and has developed significant expertise and competencies in this field & the aim is to leverage on its strength and continue expansion into sector which will put them to desired growth trajectory. Winsol Engineers Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: Working Capital Requirements General Corporate Purposes.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Winsol Engineers Limited ?
The issue size of the Winsol Engineers Limited is 233600000 Cr.
What is 'pre-apply' for Winsol Engineers Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Winsol Engineers Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts6 May 2024
- Bidding ends9 May 2024
- Allotment finalisation8 May 2024
- Release of funds13 May 2024
- Demat transfer10 May 2024
- Listing14 May 2024