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Open
6 May 2024
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Close
9 May 2024
3
Allotment
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Listing
Tue, May 14, 2024
Price Band
₹71 to ₹75
Issue Size
31,15,200 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, May 14, 2024
Latest GMP
₹199
Est. Gain
265.33%
✦ AI Insight
GMP Trend
14-05-2024₹199Est. ₹274+265.33%
13-05-2024₹199Est. ₹274+265.33%
12-05-2024₹200Est. ₹275+266.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 472.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 35.65 | 28.56 | 27.65 | 18.17 |
| Total Income | 52.02 | 65.45 | 60.80 | 22.25 |
| Profit After Tax | 6.77 | 5.18 | 1.08 | 0.49 |
| NET Worth | 15.27 | 8.74 | 3.44 | 2.39 |
| Reserves and Surplus | 6.85 | 8.72 | 3.42 | 2.37 |
| Total Borrowing | 8.47 | 10.59 | 9.29 | 8.14 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹24.85 (+4.85%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹56.60 (-2.08%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.95 (+4.89%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.00 (-0.83%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹163.05 (+2.16%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.80 (-5.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹67.85 (+4.95%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹160.00 (+0.00%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.25 (+1.15%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹496.00 (+1.12%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.83 (-1.75%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 15.00 |
| 2 | General Corporate Purposes | 5.31 |
| Total | 20.31 |
About Winsol Engineers IPO
Incorporated in December 2015,Winsol Engineers Limited is a company that provides integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for both solar and wind power generation firms. The company's core services for BoP Solutions include foundation work, substation civil and electrical work, and right-of-way services. The company is ISO-9001-2015, ISO-14001-2015, and ISO-45001-2018 certified, demonstrating its execution capabilities in quality. The company has more than 200 engineers and technicians on their team for project execution. As of April 2024, they have more than 41 major ongoing projects with a total value of approximately ₹11,953.31 lakhs. As of March 31, 2024, invoices totalling more than ₹2,115.54 lakhs have been booked, leaving an unexecuted or unbilled order book of ₹9,837.75 lakhs. As of December 31, 2023, the workforce consists of over 270 employees, including more than 200 engineers and technicians.+ Read More
Contact Details
Winsol Engineers Ltd. AddressShop No.301, Madhav Commercial ComplexNear Crystal MallKhodiyar ColonyJamnagar, Gujarat, 3610060288-271070info@winsol.infoVisit Website