Winny Immigration IPO

Winny Immigration IPO will open for subscription from 20 June 2024. The company aims for an issue size of ₹9.13 Cr through this IPO.

Company Overview

Full nameWinny Immigration and Education Services Ltd
IndustryProfessional Services
Company Website

About Company

Winny Immigration & Education Services specializes in visa consultancy services for individuals seeking assistance with study, travel, work, business, and migration purposes. In response to the growing need for professionals, students, and travelers to cross borders, the company has expanded its business to provide expert guidance on the visa application process.

The company’s role in facilitating global mobility and connecting individuals with international opportunities is crucial with decades of experience, a network of 12 strategically located offices (9 Branches, 2 Franchisees, and 1 Virtual office), and a dedicated team of over 100 professionals. Most clients choose to migrate to countries such as the USA, Canada, Australia, New Zealand, the UK, and Europe. As on 31 March 2024, the company has employed around 145 employees at various levels of the organization. The company is providing consultancies in the below-stated range of services:

  • Training for Language Proficiency Examinations
  • Consulting and processing a range of Temporary Residence Visas.
  • Consulting and processing Permanent Residency Visas.

The Objectives of the Issue

  • Opening new offices in India
  • Software development
  • Repayment of Debt
  • Branding and Advertisement
  • General Corporate Purpose
  • Meeting Public Issue Expenses.

Winny Immigration IPO Timetable

IPO Opening date20 June 2024
IPO Closing24 June 2024
Basis of Allotment25 June 2024
Initiation Refund26 June 2024
Credit to Demat Account26 June 2024
Listing Date27 June 2024
(Cut-off time for UPI mandate confirmation – 5 PM on June 24, 2024)

Winny Immigration IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹9.13 Cr – 652,000 shares
Fresh Issue₹9.13 Cr – 652,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹140 per share
Lot size1000 Shares
Market Maker portion34,000 shares
Shareholding pre-issue1,518,000
Shareholding post-issue2,170,000
Listing ExchangeBSE & NSE SME

Winny Immigration IPO Lot Size

Retail (Min)11000₹140,000
Retail (Max)11000₹140,000
HNI (Min)22,000₹280,000

Winny Immigration Offer Documents

Winny Immigration Offer Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered
Market Maker Shares Offered34,000 (5.21%)
Other Shares Offered309,000 (47.39%)
Retail Shares Offered309,000 (47.39%)
Total Shares Offered652,000 (100%)

Winny Immigration Financial Performance

 FY 2022FY 2023FY 2024
Net income1.281.450.39
(Amount in ₹ Crores)

Winny Immigration Valuations & Margins

FY 2022FY 2023FY 2024
PE ratio54.05
RONW (%)273.0075.5817.02
ROCE (%)114.9351.6415.74
EBITDA (%)19.7220.909.07

Company Promoters

  • Jignesh Patel

Promoter Holding

Pre Issue Share Holding83.63%
Post Issue Share Holding58.51%

Winny Immigration Offer GMP Update

DateConsolidated IPO GMPKostakSubject to Sauda
26 June 20247356,500
25 June 20247356,500
24 June 20247052,500
22 June 20246548,000
21 June 20247052,000
20 June 20244835,000
19 June 20244533,500
18 June 20244532,500
17 June 20244432,000

Winny Immigration IPO Subscription Update

DateConsolidated IPO GMPKostakSubject to Sauda
26 June 20247356,500
25 June 20247356,500
24 June 20247052,500
22 June 20246548,000
21 June 20247052,000
20 June 20244835,000
19 June 20244533,500
18 June 20244532,500
17 June 20244432,000

Winny Immigration IPO Allotment Status

Winny Immigration IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Winny Immigration IPO Listing Details

Listing Date
BSE Scrip Code
NSE Symbol
Final Issue Price

Winny Immigration IPO Listing Day Update

Listing Exchange
Final Issue Price
Last Trade

Winny Immigration IPO Lead Manager(s)

Office No. 508, Fifth Floor, Priviera,
Nehru Nagar, Ahmedabad – 380 015, Gujarat
Phone: +91-9898055647 / 079 3521 7439

Winny Immigration Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200

Winny Immigration Contact Details

103-104, ATP Arcade, Above Mr. Bean’s Coffee Shop,
Nr. National Handloom House, Law Garden,
Ahmedabad, Gujarat, India, 380006
Phone: 079-61906190

Winny Immigration IPO FAQs

What is the Winny Immigration offer size?

Winny Immigration’s offer size is ₹ 9.13 crores.

What is the Winny Immigration offer price band?

Winny Immigration public offer price is ₹ 140 per share.

What is the lot size of the Winny Immigration IPO?

Winny Immigration offer a lot size is 1,000 shares.

What is Winny Immigration Offer GMP today?

Winny Immigration IPO GMP today is ₹ 73 per share.

What is the Winny Immigration kostak rate today?

Winny Immigration kostak rate today is ₹ NA per application.

What is Winny Immigration Subject to the Sauda rate today?

Winny Immigration is Subject to the Sauda rate today is ₹ 56,500 per application.

Final thoughts

Winny Immigration IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.

Happy Investing

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