How To Check Winsol Engineers IPO Allotment Status

The Winsol Engineers IPO has garnered significant attention from investors, closing on May 9 with a subscription of 677.51 times. The Winsol Engineers IPO allotment status is set to be finalised later today.

If you applied for the IPO, here is how you can check the Winsol Engineers IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the Winsol Engineers IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose "Winsol Engineers" from the dropdown menu.
  3. Enter your PAN, application number, or Demat.
  4. Enter Captcha and click ‘Search' to retrieve your Winsol Engineers IPO allotment status.

The Winsol Engineers IPO allotment status will be visible if all the details are entered correctly and the allotment has been finalised.

Winsol Engineers IPO Subscription Status

This overwhelming response saw bids for 1,40,48,75,200 shares compared to the 20,73,600 shares on offer. The retail category received an impressive 771.14 times subscription, while the non-institutional investor (NII) category saw a robust 1,087.19 times subscription. The qualified institutional buyers (QIBs) showed strong interest with a subscription rate of 207.23 times.

See Also: With Back To The Wall, Paytm To Now Take On Uber And Ola Via Auto Bookings: Report

Winsol Engineers IPO GMP

The Winsol Engineers IPO GMP is currently reported at ₹200. Taking the upper band of the IPO, the Winsol IPO's estimated listing price is ₹275, around 265% above the issue price. However, it should be noted that GMPs are just an indicator and should not be taken as the sole factor behind the company’s performance upon listing.

Winsol Engineers IPO Details

The IPO, which opened for public subscription on May 6, is expected to finalise share allotments on May 10, with listing scheduled for May 14 on the NSE SME platform. Winsol Engineers Ltd., established in December 2015, specialises in providing integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions catering to solar and wind power generation companies.

Read Next: Air India Express Reinstates Fired Cabin Crew As Labour Regulator Steps In

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
Posted In: NewsIPOsWinsol Engineers