IPO to Apply: WINNY Immigration IPO overview! Issue Size, GMP, Issue Price, and All Details to Know

Last updated on December 19th, 2024 at 09:13 pm

WINNY Immigration IPO overview! Issue Size, GMP, Issue Price, and All Details to Know Winny Immigration & Education Services Limited.

About WINNY Immigration IPO

Winny Immigration & Education Services Limited helps with immigration, visa support, and coaching. The business started on June 9, 2008, under the Companies Act, 1956.

WINNY Immigration IPO Details

WINNY – Winny Immigration & Education Services Limited.

Website: – Click Here

• Company Name: Winny Immigration & Education Services Limited
• Symbol: WINNY
• Issue Period: June 20, 2024 to June 24, 2024
• Issue Price: Rs. 140 per Equity Share
• Offer Start: June 20, 2024
• Offer End: June 24, 2024
• Allotment Date: June 25, 2024
• Refund Initiation: June 26, 2024
• Demat Transfer: June 26, 2024
• Listing Date: June 27, 2024
• Mandate End Date: July 9, 2024
• Issue Size: Initial Public Offer of 6,52,000 Equity Shares (Including Market Maker portion of 34,000 Equity Shares)
• Issue Type: Fixed Price
• Face Value: Rs. 10 per Equity Share
• Tick Size: Re.1
• Bid Lot: 1000 Equity Shares and in multiples thereof
• Minimum Order Quantity: 1000 Equity Shares
• Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
• IPO Market Timings: 10:00 a.m. to 5:00 p.m.
• Book Running Lead Managers: Interactive Financial Services Limited
• Sponsor Bank: Kotak Mahindra Bank Limited

GMP OF WINNY Immigration IPO

WINNY Immigration IPO GMP is ₹65 as of today.

GMP Date	IPO PRICE	GMP
20-06-2024	140.00	₹65
19-06-2024	140.00	₹49
18-06-2024	140.00	₹49
17-06-2024	140.00	₹45
16-06-2024	140.00	₹45

Summary of Financial Information

Particulars	31st March, 2024	31st March, 2023	31st March, 2022
Share Capital	151.80	3.30	3.30
Reserves & Surplus	78.92	188.16	43.45
Long-Term Borrowings	27.04	45.26	0.00
Long-Term Provision	15.13	21.82	17.57
Short-term Borrowings	179.80	186.76	127.91
Trade Payables	0.18	13.13	4.76
Short Term Provision	12.64	6.29	11.05
Other Current Liabilities	77.33	77.21	68.22
Property, Plant and Equipment	217.17	173.80	39.72
Intangible Assets	16.75	15.57	0.90

Promoters

The promoter of Winny Immigration

Jignesh Patel

• Role: Promoter and Chairman & Managing Director
• Age: 53 years
• Date of Birth: July 16, 1970
• Address: A-802 Swati Parkside, Applewood Township, Sanathal, Sanand, Ahmedabad – 380058, Gujarat, India
• Permanent Account Number: AFBPP0301D

Family Members as Part of Promoter Group:

• Father: Lt. Purshottam Patel
• Mother: Lt. Kantaben Patel
• Spouse: Binal Patel
• Brother: Lt. Yogesh Patel
• Sister: Jyoti Desai, Lt. Saroj Chauhan
• Sons: Ravish Patel, Arjav Patel
• Spouse’s Father: Jayendra Shah
• Spouse’s Mother: Meena Shah
• Spouse’s Brother: Pranay Shah

Strengths

1. Established Market Presence
2. Comprehensive Service Offerings(immigration, visa, and coaching services)
3. Experienced Management

Weaknesses

1. Dependence on the Regulatory Environment
2. Limited Market Reach

Opportunities

1. Expansion into New Markets
2. Increasing Demand for Immigration Services
3. Leveraging Digital Platforms

WINNY Immigration Ipo Communication Details

Sagar Pathare
+91 22-62638200
ipo@bighshareonline.com

Address of the Registrar: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai -400093

Stock market disclaimer

Note: The information we provide is based on our analysis, do your research before making an investment decision with a stock market disclaimer.

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