Winsol Engineers Limited
listed
₹1.14LMin. investment
Winsol Engineers Limited IPO Details
Issue size
₹23.36Cr
IPO type
SME
Price range
₹71.00 – ₹75.00
Listing date
14 May 2024
Lot size
1600 shares
RHP/DRHP
Read
Price range₹71.00 – ₹75.00
IPO type
SME
Lot size1600 shares
Issue size₹23.36Cr
RHP/DRHP
Read
Winsol Engineers Limited Timeline
- Bid start6 May 2024
- Bid end9 May 2024
- Allotment8 May 2024
- Release of funds13 May 2024
- Demat transfer10 May 2024
- Listing14 May 2024
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.
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Winsol Engineers Limited Contact Details
Company NameWinsol Engineers Limited
How to apply for Winsol Engineers Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Winsol Engineers IPO FAQs
How to invest in the Winsol Engineers Limited ?
Investors can apply for the Winsol Engineers Limited 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 23.36 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.
What are the open and close dates of the Winsol Engineers Limited ?
Winsol Engineers Limited will be open between 2024-05-06 and 2024-05-09.
What is the allotment date for the Winsol Engineers Limited ?
Winsol Engineers Limited allotment date is 2024-05-10. For Winsol Engineers Limited allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Winsol Engineers Limited ?
For Winsol Engineers Limited, the IPO registrar is KFIN TECHNOLOGIES LIMITED. You can check Winsol Engineers Limited allotment status on the website of the registrar.
Where is the Winsol Engineers Limited getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Winsol Engineers Limited shares be credited to your demat account?
The Winsol Engineers Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Winsol Engineers Limited ?
The Winsol Engineers Limited lot size is 1600 and minimum order quantity is 1600.
What is the price band for the Winsol Engineers Limited ?
Winsol Engineers Limited has set the price band for its IPO at 75 per equity share with a face value of 10.