Winsol Engineers Limited
ListedSMERenewable 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
₹199
+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
Last updated 12 days ago
Overall Subscription
682.21x
Total Demand
QIB Multiplier
207.23x
Institutions & Funds
NII / HNI
1088.17x
High Net-Worth
Retail (RII)
780.15x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 593,600 | 123,012,800 | 207.23x |
| NIB | 444,800 | 484,016,000 | 1088.17x |
| RETAIL | 1,035,200 | 807,611,200 | 780.15x |
| Total | 2,073,600 | 1,414,640,000 | 682.21x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 681 | 531,282 | 780.15x |
| HNIs (10L +) | 4 | 4,353 | 1088.17x |
| HNIs (2-10L) | 21 | 22,852 | 1088.17x |
| Total Applications | 706 | 558,487 | 791.06x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Winsol Engineers Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Winsol Engineers Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Winsol Engineers Limited IPO is ₹199 per equity share. Based on the upper price band of ₹71 to ₹75 per equity share, the estimated listing price is ₹274 (+265.3% expected listing gain).
What is the expected profit per lot for Winsol Engineers Limited IPO?
With a lot size of 1600 shares and current GMP of ₹199, the expected profit per application lot is approx ₹3,18,400 (+265.3% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Winsol Engineers Limited IPO?
The Winsol Engineers Limited IPO aggregate issue size is ₹23.36 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Winsol Engineers Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 682.21x (Retail: 780.15x, QIB: 207.23x, NII: 1088.17x). You can track live multiples directly on our dedicated subscription page.
Where and when will Winsol Engineers Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-05-10. Investors can verify status using PAN card or application number.
When is the listing date for Winsol Engineers Limited IPO?
Winsol Engineers Limited shares are scheduled to list on NSE on 2024-05-14.