Winny Immigration and Education Services Ltd IPO
NSE SMEListed On: Jun 27, 2024 at ₹ 240.0
₹ 140000 /1000 Shares
Check Allotment20 Jun, 2024
Open Date24 Jun, 2024
Close Date25 Jun, 2024
Allotment Date27 Jun, 2024
Listing DateIssue Price
₹140 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
240.0Listing Date
2024-06-27Market Lot
1000 Shares (₹140,000/-)Lead Manager
Interactive Financial Services LtdIssue Size
652,000 shares(aggregating up to ₹9.13 Cr)Retail Portion
50%Subscription
150.21 timesWinny Immigration and Education Services Ltd IPO Details
Winny Immigration and Education Services Ltd IPO is an SME IPO, priced at ₹140 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 6,52,000 equity shares, aggregating up to ₹9.13 crores..
The IPO bidding window is open from Jun 20, 2024 to Jun 24, 2024. The allotment is expected to be finalized on Jun 25, 2024, and the tentative listing date is Jun 27, 2024.
The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,40,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,000.
Interactive Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Aftertrade Broking Pvt Ltd will act as the market maker for this issue.
Winny Immigration and Education Services Ltd IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 309,000 | 309,000 | 618,000 |
| Day 1 - 20-06-24 06:00 PM | 11.38 x | 8.16 x | 10.12 x |
| Day 2 - 21-06-24 06:00 PM | 18.58 x | 35.73 x | 27.85 x |
| Day 3 - 24-06-24 06:00 PM | 109.47 x | 190.17 x | 150.21 x |
Winny Immigration and Education Services Ltd Valuations
EPS Pre IPO
₹2.59/-EPS Post IPO
₹1.81/-P/E Pre IPO
54.12P/E Post IPO
77.36ROE
18.60%ROCE
15.74%Debt/Equity
0.90RoNW
17.02%Price to Book Value
9.21Winny Immigration and Education Services Ltd Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 542.84 | 541.93 | 276.26 |
| Revenue | 1,102.12 | 1,197.91 | 1,004.07 |
| Profit After Tax | 39.27 | 144.71 | 127.63 |
| Net Worth | 230.72 | 191.46 | 46.75 |
| Reserves & Surplus | 78.92 | 188.16 | 43.45 |
| Total Borrowing | 206.84 | 232.02 | 127.91 |
About The Company
Winny Immigration and Education Services Ltd. is incorporated in 2008 and mainly engaged in the visa consultancy business. The company assists people for study, travel, work, business, and migration purposes.
The company has served thousands of clients with immigration and visa processes and has provided visa consultancy. They have decades of experience and a network of 12 strategically located offices, guiding many clients through these complex procedures.
Winny offers visa guidance, immigration assistance, and documentation services.
Company provides consultations on the following services:
1. Language Proficiency Examination Training,
2. Processing and consulting many kinds of Temporary Residence Visas,
3. Processing and consulting Permanent Residency Visas.
Company operates 12 branches in Gujarat, Maharashtra, and Delhi and even has virtual office in Canada via franchisees.
As of March 31, 2024, the Company had approximately 145 employees working in various levels of the Organization.
Winny Immigration and Education Services Ltd - Promoter(s)
Pre Issue Share Holding: 83.63%
Post Issue Share Holding: 58.51%
- Jignesh Patel
Winny Immigration and Education Services Ltd IPO - Issue Objectives
- Opening new offices in India
- Software development
- Repayment of Debt
- Branding and Advertisement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Other Details
Winny Immigration and Education Services Ltd
103-104, ATP Arcade, Above Mr. Bean's Coffee Shop, Nr. National Handloom House, Law Garden, Ahmedabad- 380006Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Winny Immigration and Education Services Ltd IPO - FAQs
Ans. Winny Immigration and Education Services Ltd IPO is a SME IPO. The issue is priced at ₹140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jun 20, 2024, and closes on Jun 24, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Winny Immigration and Education Services Ltd IPO opens on Jun 20, 2024 and closes on Jun 24, 2024.
Ans. The size of Winny Immigration and Education Services Ltd IPO is 652,000 shares(aggregating up to ₹9.13 Cr).
Ans. The IPO price band is set between ₹140 per equity share.
Ans. To apply for Winny Immigration and Education Services Ltd IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Winny Immigration and Education Services Ltd IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Winny Immigration and Education Services Ltd IPO is Jun 25, 2024.
Ans. The Winny Immigration and Education Services Ltd IPO will be listed on Jun 27, 2024.
Ans. Follow the steps to check the allotment status for Winny Immigration and Education Services Ltd IPO here.
