Winsol Engineers was incorporated as ‘Winsol Engineers Private Limited’ at Jamnagar, Gujarat as a private limited company under the Companies Act, 2013, under a certificate of incorporation dated December 30, 2015, issued by the Registrar of Companies, Gujarat. Thereafter, their Company was converted into a public limited company under a special resolution passed in the extraordinary general meeting of the Shareholders held on December 09, 2023, and consequently the name of their Company was changed to ‘Winsol Engineers Limited’, under a fresh certificate of incorporation issued by the Registrar of Companies, Gujarat, on December 21, 2023.
Located at Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction, and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies. Their core services for BoP Solutions include Foundation work, Substation Civil and Electrical work, Right of Way services, Cabling to substation and Grid, and Miscellaneous work. Their clients are in the renewable energy industry and prefer their company for the BoP solutions due to their historic track record of timely completion of the project, their expertise and extensive experience in the business, and cost efficiency. In addition to its core BoP Solutions, the company also provides Operation and Maintenance services for Plant handling and monitoring. They are ISO-9001-2015, ISO-14001-2015 & ISO-45001-2018 certified company demonstrating their execution capabilities in quality.
Balance of Plant solutions for Wind and Solar projects refers to all the components of a power generation facility excluding the main generating equipment. This includes structures, equipment, and systems necessary for the plant’s operation. This can involve the design, procurement, installation, and commissioning of the balance of plant systems necessary for the overall functioning of the facility. Their company is responsible for delivering the entire project, including the balance of plant components but excluding the main generating equipment (such as turbines or generators).
Objects of the Issue:
- Working Capital Requirements
- General Corporate Purposes
Winsol Engineers IPO Review
- To be updated soon
Winsol Engineers IPO Date & Price Band Details
| IPO Open: | March [.], 2024 |
| IPO Close: | March [.], 2024 |
| IPO Size: | Approx ₹[.] Crores, 3,115,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Winsol Engineers IPO Market Lot
The Winsol Engineers IPO minimum market lot is [.] shares with a ₹- application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | [.] | ₹[.] |
| Retail Maximum | 1 | [.] | ₹[.] |
| S-HNI Minimum | 2 | [.] | ₹[.] |
Winsol Engineers IPO Dates
The Winsol Engineers IPO date is March [.] and the IPO close date is March [.]. The IPO allotment date is March [.] and the IPO might list on March [.].
| IPO Open Date: | March [.], 2024 |
| IPO Close Date: | March [.], 2024 |
| Basis of Allotment: | March [.], 2024 |
| Refunds: | March [.], 2024 |
| Credit to Demat Account: | March [.], 2024 |
| IPO Listing Date: | March [.], 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Winsol Engineers IPO Form
How to apply Winsol Engineers IPO? You can apply Winsol Engineers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Winsol Engineers IPO in the Invest section. The other option you can apply Winsol Engineers IPO via IPO forms download via the NSE website. Check out the Winsol Engineers forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Winsol Engineers Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹22.25 | ₹21.53 | ₹0.49 |
| 2022 | ₹60.80 | ₹59.31 | ₹1.08 |
| 2023 | ₹65.45 | ₹58.53 | ₹5.18 |
| 2023 6M | ₹52.02 | ₹42.97 | ₹6.77 |
Winsol Engineers IPO Valuation – FY2023
Check Winsol Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.15 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 59.28% |
| Net Asset Value (NAV): | ₹10.38 per Equity Share |
Peer Group
- Konstelec Engineers Limited
Company Promoters
- Mr. Ramesh Jivabhai Pindariya
- Mrs. Amri Ramesh Pindariya
- Ms. Pindariya Kashmira
- Ms. Kashish Ramesh Pindariya
- Mr. Kishor Jivabhai Pindariya
Winsol Engineers IPO Registrar
Kfin Technologies Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Winsol Engineers IPO Allotment Status
Check Winsol Engineers IPO allotment status on Kfin Technologies website URL. Click Here
Winsol Engineers IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt. Ltd
Company Address
Winsol Engineers Limited
Shop No. 301, Madhav Commercial Complex,
Near Crystal Mall, Khodiyar Colony, Jamnagar, Gujarat, 361006
Phone: 0288-2710708
E-mail: [email protected]
Website: www.winsol.info
