Results for: Winsol Engineers IPO

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.

Winsol Engineers Limited’s initial public offering (IPO) commenced on May 6th. The IPO will conclude on May 9th, with the allotment of shares expected to be finalized on May 10th and listing on the NSE SME on May 14th. The company offers integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for solar and wind power generation firms.