Winsol Engineers IPO Lists at a Massive Premium of 386%

Winsol Engineers, a leading provider of engineering services for renewable energy firms, made a strong debut on the NSE SME platform today. The company’s shares were listed at ₹ 365 apiece, a significant 386% premium over the issue price of ₹ 75 per share. The company’s ₹ 23.36-crore public offer consisted of a fresh issue of 31.15 lakh shares. The issue received robust subscription, with non-institutional investors buying 1,088 times their allotted quota, retail investors picking up 780 times their reserved portion, and QIBs buying 207 times their share.

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