Winsol Engineers IPO Closes on 9th May, 2024 on NSE EMERGE
પ્રતિકાત્મક
‘Winsol Engineers Limited’ Ltd IPO opens on 6th May, 2024 and Closes on 9th May, 2024. ‘Winsol Engineers Limited’ Ltd was incorporated as ‘Winsol Engineers Private Limited’ at Jamnagar, later the Company was changed to ‘Winsol Engineers Limited’ on December 21, 2023.
Located at Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies.
The company’s core services for BoP Solutions includes Foundation work, Substation Civil and Electrical work, Right of Way services, cabling to substation and Grid, and Miscellaneous work, their clients are in the renewable energy industry who prefer Winsol Engineers Ltd.
for the BoP solutions due to their historic track record of timely completion of project, expertise and extensive experience in the business and cost efficiency. In addition to their core BoP Solutions, the company also provides Operation and Maintenance services for Plant handling and monitoring.
The company is benefited from the extensive experience of its Promoters Mr. Ramesh Jivabhai Pindariya and Mr. Kishor Jivabhai Pindariya, who are associated with the company since its incorporation having experience of more than 35 (Thirty-Five) years in the Engineering Industry. The Board of Directors, Key Managerial Personnel and Senior Management Personnel has also provided significant contribution in the growth of the company.
The company has posted a total revenue of 2,216.35 Lakhs. (FY21), Rs. 6,070.19 Lakhs (FY22), and Rs.6, 538.66 Lakhs (FY23) and Rs. 5,195.23 (For period ended December 2023).
The company has posted a Net Profit of 49.44 Lakhs. (FY21), Rs. 108.46 Lakhs (FY22), and Rs.518.07 Lakhs (FY23) and Rs. 677.26 (For period ended December 2023). Book Running Lead manager of the issue is Beeline Capital Advisors Pvt Ltd and the Registrar to the issue is KFin Technologies Limited.
