Winsol Engineers IPO allotment likely to be released today; latest GMP, procedures to check status online

Winsol Engineers IPO allotment status can be checked online either the NSE’s official website or the IPO registrar’s portal. Kfin Technologies is the IPO registrar for Winsol Engineers.

Winsol Engineers IPO
Winsol Engineers IPO allotment status is likely to be confirmed on May 10.

Winsol Engineers IPO Allotment: Winsol Engineers Ltd’s initial public offering (IPO) has ended, and investors are now awaiting share allotment. Winsol Engineers’ IPO allotment status is scheduled to be resolved today, May 10.

The public issue commenced for subscription on May 6 and closed on May 9, with the Winsol Engineers IPO allotment date set for May 10.

Investors can check the Winsol Engineers IPO allotment status online to see if and how many shares they have been assigned. On May 13, the corporation will credit the equity shares to the winning bidders’ demat accounts and offer refunds to those whose bids were rejected.

Winsol Engineers’ IPO allotment status can be checked online either the NSE’s official website or the IPO registrar’s portal. Kfin Technologies is the IPO registrar for Winsol Engineers.

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Investors can monitor the status of Winsol Engineers’ IPO allotment online by following the easy steps outlined below.

Winsol Engineers IPO Allotment Status on Kfin Technologies website

Step 1: Visit Kfin Technologies website on this link – https://kosmic.kfintech.com/ipostatus/

Step 2: Choose ‘Winsol Engineers Limited’ from the Select IPO dropdown menu.

Step 3: Choose from the options provided – Application No., Demat Account, and PAN.

Step 4: Enter the details as per the option selected

Step 5: Enter Captcha and click ‘Submit’

Your Winsol Engineers IPO share allotment status will appear on the screen.

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Winsol Engineers IPO Subscription Status

Winsol Engineers IPO received great interest from investors across the board. The IPO was subscribed to a total of 682.14 times, with offers for 141.44 crore equity shares versus 20.73 lakh offered.

The retail sector received 780.15 subscriptions, Qualified Institutional Buyers (QIB) received 207.23 subscriptions, and Non-Institutional Investors (NII) received 1,087.81 subscriptions.

Winsol Engineers IPO GMP

Winsol Engineers’ shares are trading at a significant premium in the gray market. According to stock market watchers, the grey market premium for Winsol Engineers’ IPO is currently ₹200 per share. Winsol Engineers shares are trading at a ₹200 premium to their issue price of ₹75 in the gray market.

The Winsol Engineers IPO GMP and issue price indicate that the projected listing price is ₹275 per share, a 266.67% premium to the issue price.

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About Winsol Engineers IPO

The bidding for Winsol Engineers IPO began on May 6 and ended on May 9. The IPO allotment is likely to be finished today, May 10, and Winsol Engineers’ shares will be offered on NSE SME, with a tentative listing date set for May 14.

The Winsol Engineers IPO price band was set at ₹71 to ₹75 per share. The business received ₹23.36 crore from the book-built offering, which was a fresh issue of 31.15 lakh shares.

The net proceeds from the offering will be used for working capital and general corporate purposes.

Winsol Engineers offers integrated engineering, procurement, building, and commissioning services for Balance of Plant (BoP) Solutions to solar and wind power generation companies.

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Hi, My self Saurabh Singh

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