What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO allotment date?

The basis of allotment for WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO is scheduled to be finalized on 25 Jun 2024.

Where can I check WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 26 Jun 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED

ListedSME

Services / Travel & Hospitality · NSE

Winny Immigration and Education Services Ltd., commonly known as Winny, is a trusted name in immigration and visa services. With 12 strategically located offices and a team of over 145 dedicated professionals, Winny has successfully guided millions through their immigration journeys. Known for its reliable and personalized approach, the company helps individuals and families seamlessly navigate the process of living, working, traveling, or studying abroad.

Price Band

₹140

Issue Size

₹9.13 Cr

Lot Size

1000 shares

GMP

₹77

+55.0%

Est. Listing

₹217

at current GMP

Subscribed

150.21x

overall

Open

20 Jun 2024

24 Jun 2024

Allotment

25 Jun 2024

Refund

26 Jun 2024

Demat Credit

27 Jun 2024

Listing

27 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

25 Jun 2024

Basis finalization

Refunds Initiate

26 Jun 2024

Mandate release

Demat Credit

27 Jun 2024

Shares in demat

Listing Debut

27 Jun 2024

Trading begins

About WINNY IMMIGRATION & EDUCATION SERVICES LIMITED Public Issue & Market Profile

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED is bringing an initial public offering (IPO) in the Services / Travel & Hospitality sector with an aggregate issue size of ₹9.13 Crores. The shares are offered at a price band of ₹140 to ₹140 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-27, while un-allotted funds or UPI block mandates will be released on 2024-06-26.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED Allotment Status

How to Check WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO Allotment Status

About WINNY IMMIGRATION & EDUCATION SERVICES LIMITED Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?