Winsol Engineers Ltd - IPO

Winsol Engineers Ltd IPO Details

Initial public issue of 3115200 equity shares of face value of Rs. 10/- each of Winsol Engineers Limited (Winsol, WEL or the Company or the Issuer) for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the Issue Price) aggregating to Rs. 23.36 crores (The Issue), of which 158400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 1.19 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 2956800 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 22.18 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.01% and 25.63%, respectively, of the post issue paid up equity share capital of the company.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Winsol Engineers Ltd Contact Details

Winsol Engineers Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@winsol.info

Website - www.winsol.info