Winny Immigration and Education Services Ltd IPO opens today. Check the GMP & other details here
Winny Immigration and Education Services Ltd. specializes in visa consultancy for study, travel, work, business, and migration purposes.
- Services Provided them includes
- Training for Language Proficiency Examinations.
- Consulting and processing various Temporary Residence Visas.
- Consulting and processing Permanent Residency Visas.
It operates through 12 strategically located offices. There offices are in Gujarat, Maharashtra, and Delhi, including branches, franchisees, and a virtual office in Canada.
Financials (Amt. in Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 542.84 | 541.93 | 276.26 |
| Revenue | 1,102.12 | 1,197.91 | 1,004.07 |
| Profit After Tax | 39.27 | 144.71 | 127.63 |
Company Promoter
- Jignesh Patel
His shareholding in the company is 83.63% which will be reduced to 58.51% post issue of IPO/
Issue Objective :
The company will utilize the funds for:
- Opening new offices in India
- Software development
- Repayment of Debt
- Branding and Advertisement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Other Details
Winny Immigration and Education Services is a SME category company.
| Aspect | Details |
|---|---|
| Open Date | 20 June, 2024 |
| Close Date | 24 June, 2024 |
| Allotment Date | 25 June, 2024 |
| Listing Date | 27 June, 2024 |
| Issue Price | ₹140 per equity share |
| Face Value | ₹10 Per Equity Share |
| Market Lot | 1000 Shares (₹140,000/-) |
| Listing at Group | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
| Retail Portion | 50% |
| Issue Size | 652,000 shares (aggregating up to ₹91.28 Cr) |
Winny Immigration and Education Services GMP Today
The current GMP of the company is around Rs. 42-49 which is around 30% of the Issue price . It is expected that investors can get a profit of 30% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
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