Winsol Engineers Limited’ Ltd IPO Closes on 9th May, 2024 on NSE EMERGE

New Delhi (India), May 6: ‘Winsol Engineers Limited’ Ltd IPO opens on 6th May 2024 and Closes on 9th May 2024.  ‘Winsol Engineers Limited’ Ltdwas incorporated as ‘Winsol Engineers Private Limited’ at Jamnagar, later the Company was changed to ‘Winsol Engineers Limited’ on December 21, 2023.

Located in Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction, and commissioning company that provides Balance of Plant (BoP) Solutions for both wind and solar power generation companies. The company’s 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 who prefer Winsol Engineers Ltd. for the BoP solutions due to their historic track record of timely completion of the project, 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. The company has benefited from the extensive experience of its Promoters, Mr. Ramesh Jivabhai Pindariya and Mr. Kishor Jivabhai Pindariya, who are associated with the company since its incorporation and have more than 35 (Thirty-Five) years in the Engineering Industry. The Board of Directors, Key Managerial Personnel and Senior Management Personnel has also made a significant contribution to the growth of the company.

Post IPO, the company’s shares will be listed on NSE EMERGE. 

Winsol Engineers Limited’s IPO Objectives:

-The company plans to allocate the net proceeds from the issuance to the following purposes

-To meet working capital requirements.

-General Corporate Purpose.

Key Financials: 

The company has posted a total revenue of 2,216.35 Lakhs. (FY21), Rs. 6,070.19 Lakhs (FY22), Rs.6 538.66 Lakhs (FY23) and Rs. 5,195.23 (For the period ended December 2023).

The company has posted a Net Profit of 49.44 Lakhs. (FY21), Rs. 108.46 Lakhs (FY22), Rs.518.07 Lakhs (FY23) and Rs. 677.26 (For the period ended December 2023).

Book Running Lead manager of the issue is Beeline Capital Advisors Pvt Ltd, and the Registrar of the issue is KFin Technologies Limited.

If you have any objection to this press release content, kindly contact to notify us. We will respond and rectify the situation in the next 24 hours.


An Unforgettable Evening: EO Noida’s 4th President’s Gala Shines Bright

Noida (Uttar Pradesh), July 13: On 6th July, EO Noida’s President Gala at the ITC Grand Bharat in Gurgaon. Drawing attention as a highlight on the social calendar, the annual gala combined futuristic elegance with avant-garde flair, creating a sensory feast for attendees. The evening commenced with a gourmet lunch and an energetic salsa workshop, […]

Read More

Celebrate the Bond of Love with Thoughtful Rakhi Gifts from launches latest rakhi collection and gift hampers New Delhi (India), July 12 : As the auspicious festival of Raksha Bandhan is coming soon, is all set with their latest rakhi collection, celebrating the bond between siblings. Founded with a vision to enhance the essence of sibling love, they offer heartfelt rakhi gifts hampers embodying Raksha Bandhan’s spirit.  […]

Read More

Aeterna Shower Sliding System by Hafele

New Delhi (India) July 12 : Sliding solutions optimise space and deliver enhanced functionality and aesthetics in any area of home. Introducing a shower sliding system transforms your daily routine with a space-saving, convenient solution. Meticulously crafted with precision and attention to details, Hafele’s new Aeterna Shower Sliding System exudes state-of-the-art luxury. “Aeterna,” which in […]

Read More