Business Standard

Winny Immigration & Education Services Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

9.13 cr

Price Range (₹)

140

Lot Size

1000

Min Investment (₹)

1,40,000.00

Listing Exchange

NSE - SME

Open Date

20-Jun-2024

Close Date

24-Jun-2024

Listing Date

27-Jun-2024

Winny Immigration & Education Services Ltd News

    The Shares of Winny Immigration & Education Services Ltd have now been listed.

    Winny Immigration & Education Services Ltd IPO Details

    Initial public issue of 6,52,000 equity shares of face value of Rs. 10/- each of Winny Immigration & Education Services Limited (Winny or the Company or the Issuer) for cash at a price of Rs. 140 per equity share including a share premium of Rs. 130 per equity share (the Issue Price) aggregating to Rs. 9.13 crores (The Issue), of which 34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 140 per equity share including a share premium of Rs. 130 per equity share aggregating to Rs. 0.48 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 6,18,000 equity shares of face value of Rs. 10/- each at a price of Rs. 140 per equity share aggregating to Rs. 8.65 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.05 % and 28.48 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 14 times of the face value.

    Objective of issue

    Opening of new offices in india. Software development. Repayment of debt. Branding and advertisement. General corporate purposes.

    Winny Immigration & Education Services Ltd Contact Details

    Winny Immigration & Education Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - compliance@winnyimmigration.com

    Website - www.winnyimmigration.com