
Renewable Energy · NSE
Established in December 2015, Winsol Engineers Limited is a distinguished provider of comprehensive engineering, procurement, construction, and commissioning services tailored for Balance of Plant (BoP) Solutions in the renewable energy sector, catering to both solar and wind power generation firms. Specializing in foundational work, substation civil and electrical services, and right-of-way solutions, Winsol Engineers exemplifies excellence through its ISO-9001-2015, ISO-14001-2015, and ISO-45001-2018 certifications, underscoring its commitment to top-notch quality execution. With a robust team exceeding 200 skilled engineers and technicians, the company showcases formidable prowess in project execution. As of April 2024, Winsol Engineers boasts a formidable portfolio of over 41 major ongoing projects valued at approximately 11,953.31 lakhs, with invoiced transactions reaching 2,115.54 lakhs by March 31, 2024, culminating in an impressive unbilled order book of 9,837.75 lakhs. This steadfast growth trajectory coupled with a highly qualified workforce of over 270 employees as of December 31, 2023, solidifies Winsol Engineers Limited as a cornerstone in the renewable energy infrastructure landscape.
Price Band
₹71 – ₹75
Issue Size
₹23.36 Cr
Lot Size
1600 shares
GMP
+265.3%
Est. Listing
₹274
at current GMP
Subscribed
682.21x
overall
Open
6 May 2024
Close
9 May 2024
Allotment
10 May 2024
Refund
11 May 2024
Demat Credit
12 May 2024
Listing
14 May 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
10 May 2024
Basis finalization
Refunds Initiate
11 May 2024
Mandate release
Demat Credit
12 May 2024
Shares in demat
Listing Debut
14 May 2024
Trading begins
Winsol Engineers Limited is bringing an initial public offering (IPO) in the Renewable Energy sector with an aggregate issue size of ₹23.36 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 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.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-12, while un-allotted funds or UPI block mandates will be released on 2024-05-11.
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.
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.