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  1. Winny Immigration IPO allotment to be finalised today; here's how to check the status online

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Winny Immigration IPO allotment to be finalised today; here's how to check the status online

Upstox

3 min read | Updated on June 25, 2024, 12:05 IST

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SUMMARY

Winny Immigration IPO saw an overwhelming response from investors, getting subscribed more than 150.2 times. Investors submitted bids for a total of 9.28 crore shares compared to 6.18 lakh shares on offer.

Winny Immigration IPO allotment likely today.

Winny Immigration IPO allotment likely today.

Winny Immigration IPO allotment: The allotment of shares in Winny Immigration and Education Services Ltd's initial public offer (IPO) is set to be finalised today, June 25. The migration consultancy services company's public issue saw an overwhelming response from investors, getting subscribed more than 150.2 times. NSE data showed that investors submitted bids for a total of 9.28 crore shares compared to 6.18 lakh shares on offer.

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Valued at ₹9.13 crore, Winny Immigration's IPO consists entirely of a fresh issue of 6.52 lakh shares.

Winny Immigration IPO saw a robust response from the retail market, getting subscribed over 190 times in the category. The company received bids for more than 5.89 crore shares compared to 3.09 lakh shares on offer.

Non-institutional investors (NIIs) subscribed to the Winny Immigration IPO 100.73 times. The company received bids for 27.87 lakh shares in the qualified institutional buyers (QIBs) category.

Investors who submitted bids in Winny Immigration IPO can check the allotment status online via the website of the issue's registrar– Bigshare Services Pvt Ltd.

How to check Winny Immigration IPO allotment?

  • Log on to Winny Immigration IPO's registrar, Bigshare Services's official website -- https://www.bigshareonline.com/Index.aspx
  • On the homepage, click on the IPO Allotment Status tab
  • Select one of the server links to proceed with your request
  • You will be redirected to a new page
  • Select Winny Immigration from the drop-down menu under the Company Selection tab. Please note, the company's name will be prompted after the finalisation of the allotment.
  • Enter the details as required and click on submit to proceed.
  • Winny Immigration IPO share allotment status will be displayed on the screen. In case of final allotments, the number of shares will also be displayed.

How to check Winny Immigration IPO allotment via NSE

  • Visit NSE India's official website, nseIndia.com
  • Log in to your account or create a new registration
  • Select Winny Immigration IPO from the dropdown list.
  • Enter PAN details and application number to proceed with your request
  • Click on submit to view the allotment status in Winny

The credit of shares in the demat account of successful bidders will be done on June 26, Wednesday, along with the initiation of refunds for the non-allottees.

Winny Immigration IPO Details

The Winny Immigration IPO is a fresh issue of 6.52 lakh shares, including a 34,000-share market maker portion. The company intends to raise ₹9.13 crore through the IPO.

The subscription window for Winny Immigration IPO was available between June 20 and June 24.

Shares of Winny Immigration are tentatively scheduled to be listed on Thursday, June 27, on the NSE's SME platform, Emerge.

Winny Immigration and Education Services Ltd will use the net proceeds from the IPO for various purposes including opening new offices across India, developing software, repaying debts, and investing in branding and advertising.

Founded in 2008, Winny Immigration and Education Services Ltd operates in the visa consultancy services sector.

To know more about IPOs listing, schedule and upcoming IPOs, click here

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