Winny Immigration IPO Details: Winny Immigration has announced the dates for its upcoming Initial Public Offering (IPO). The IPO will commence on June 20 and conclude on June 24. This offering, listed on the NSE SME platform, aims to raise ₹9.13 crores. The IPO price band for Winny Immigration is set at ₹140 per share, with a market lot of 1000 shares.
Winny Immigration And Education Services, known as “WINNY,” specializes primarily in visa consultancy services. Their expertise lies in guiding individuals through the visa application processes for study, travel, work, business, and migration purposes. In today’s globally interconnected world, the demand for skilled professionals, students, and travelers crossing international borders has sharply risen. Winny Immigration has capitalized on this demand, expanding its business by simplifying the complexities of visa acquisition in the modern era. Over the years, they have successfully assisted numerous clients in navigating intricate immigration and visa procedures.
With decades of experience, Winny operates through a network of 12 strategically located offices (including 9 branches, 2 franchise locations, and 1 virtual office) and boasts a dedicated team of over 100 professionals. Their comprehensive services encompass visa guidance, immigration assistance, and documentation services.
The company’s primary goal is to streamline the visa application process, offering consultancy services that include:
- Training for Language Proficiency Examinations
- Consulting and processing Temporary Residence Visas
- Consulting and processing Permanent Residency Visas
A significant portion of Winny’s clientele migrates to destinations such as the USA, Canada, Australia, New Zealand, UK, and Europe. Their team comprises seasoned immigration and education consultants committed to transparency throughout the entire process. Winny ensures that clients are well-informed at every stage, providing end-to-end services under one roof. These services range from coaching for English proficiency exams to immigration processes, post-visa procedures, and even assisting with post-landing services like airport pickups and arranging temporary accommodations through referrals from their established client base in destination countries.
Winny Immigration IPO Objectives:
The company proposes to use the Net Proceeds from the issue for the following objects:
- Opening new offices in India
- Software development
- Repayment of Debt
- Branding and Advertisement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Winny Immigration IPO Review (Apply or Not)
- May Apply
Winny Immigration IPO Date & Price Band Details:
| IPO Open: | June 20, 2024 |
| IPO Close: | June 24, 2024 |
| IPO Size: | Approx ₹9.13 Crores, 6,52,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹140 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Winny Immigration IPO Lot Size:
The Winny Immigration IPO requires a minimum market lot of 1000 shares, translating to an application amount of ₹140,000 at the IPO price of ₹140 per share. This structure ensures that investors participate with a substantial stake per lot, reflecting the company’s strategy and market positioning effectively.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI Minimum | 2 | 2000 | ₹280,000 |
Winny Immigration IPO Timeline:
The Winny Immigration IPO is scheduled to open on June 20 and will remain open until June 24. Allotment of shares is expected to take place on June 25, with the IPO potentially listing on June 27. This timeline provides investors with clear dates for participation and subsequent trading activities.
| IPO Open Date: | June 20, 2024 |
| IPO Close Date: | June 24, 2024 |
| Basis of Allotment: | June 25, 2024 |
| Refunds: | June 26, 2024 |
| Credit to Demat Account: | June 26, 2024 |
| IPO Listing Date: | June 27, 2024 |
Winny Immigration IPO GMP Today:
Based on the information provided, Winny Immigration SME IPO’s last Grey Market Premium (GMP) stands at ₹45 . Given the IPO price band of ₹140.00, the estimated listing price for Winny Immigration SME IPO is calculated as ₹185 (₹140.00 + ₹45.00). This suggests an expected percentage gain per share of approximately 32.14% upon listing.
Winny Immigration Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹10.04 | ₹8.33 | ₹1.28 |
| 2023 | ₹11.98 | ₹10.04 | ₹1.45 |
| 2024 | ₹11.02 | ₹10.50 | ₹0.39 |
Winny Immigration IPO Valuation – FY2023
Check Winny Immigration IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.59 per Equity Share |
| Price/Earning P/E Ratio: | 54.05 |
| Return on Net Worth (RoNW): | 17.02% |
| Net Asset Value (NAV): | ₹15.20 per Equity Share |
Peer Group
- NA
Company Promoters
- Jignesh Patel
Winny Immigration IPO Registrar
Bigshare Services Pvt Ltd
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Winny Immigration IPO Allotment Status
Check Winny Immigration IPO allotment status on Bigshare website URL. Click Here
Winny Immigration IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Limited
Company Address
Winny Immigration and Education Services Limited
103-104, ATP Arcade, Above Mr. Bean’s Coffee Shop,
Nr. National Handloom House, Law Garden,
Ahmedabad, Gujarat, India, 380006
Phone: 079-61906190
E-mail: compliance@winnyimmigration.com
Website: www.winnyimmigration.com
Winny Immigration IPO FAQs
1. What is Winny Immigration IPO? Winny Immigration IPO is the Initial Public Offering of shares by Winny Immigration And Education Services Limited. It allows investors to buy shares in the company for the first time as it goes public on the NSE SME platform.
2. What is the IPO date for Winny Immigration? The IPO of Winny Immigration opens on June 20, 2024, and closes on June 24, 2024.
3. What is the price band for Winny Immigration IPO? The price band for Winny Immigration IPO is set at ₹140 per share.
4. What is the minimum market lot size for Winny Immigration IPO? Investors need to apply for a minimum of 1000 shares, which equals ₹140,000 at the upper end of the price band.
5. How can I apply for Winny Immigration IPO? You can apply for Winny Immigration IPO through your bank’s net banking facility, using the UPI (Unified Payments Interface) method, or through ASBA (Applications Supported by Blocked Amount).
6. When will the allotment of Winny Immigration IPO shares take place? Allotment of shares is expected to occur on June 25, 2024, subject to the subscription and other regulatory approvals.
7. When will Winny Immigration IPO shares be listed on the stock exchange? Winny Immigration IPO shares are expected to be listed on June 27, 2024, on the NSE SME platform.
8. What is the Grey Market Premium (GMP) for Winny Immigration IPO? As of June 17, 2024, the Grey Market Premium (GMP) for Winny Immigration IPO is ₹45, indicating an estimated listing price of ₹185 per share.
9. What are the business activities of Winny Immigration And Education Services Limited? Winny Immigration is primarily engaged in visa consultancy services, assisting individuals with study, travel, work, business, and migration purposes.
10. Where can I find more information about Winny Immigration IPO? For detailed information about Winny Immigration IPO, including financials, prospectus, and subscription details, you can visit the NSE SME platform’s website or consult with your registered stockbroker.
