Winny Immigration and Education Services IPO GMP

Two people sitting on chairs facing each other against a background featuring the Winny Immigration and Education Services logo and a visa poster on a red backdrop. The text 'Initial Public Offering' is displayed at the top, representing the company's upcoming IPO and its business profile in visa consultancy, assisting individuals with study, travel, work, business, and migration purposes.

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Founded in 2008, Winny Immigration specializes in visa consultancy. They help people with visas for studying, traveling, working, business and migration.

With decades of experience and a network of 12 offices, Winny has assisted thousands of clients through the immigration process.

Their services include:

  1. Training for language proficiency exams.
  2. Assistance with temporary residence visas.
  3. Assistance with permanent residency visas.

Winny’s offices are located in Gujarat, Maharashtra and Delhi along with a virtual office in Canada.

Winny Immigration IPO Overview

Winny Immigration IPO aims to raise ₹9.13 crores in total and the issue is entirely a fresh issue. Price band for the Winny Immigration IPO is set at ₹140 per share.

Winny Immigration IPO will be open for subscription from 20 to 24 June. Share allotment is expected by 25 June 2024 and the shares are set to be listed on NSE SME segment by 27 June 2024.

Jignesh Patel currently holds 83.63% ownership in the company. However, his holding will decrease after the listing to 58.51%. Bigshare Services is the registrar for the Winny Immigration IPO.

Winny Immigration IPO GMP

As of June 16, Winny Immigration’s IPO has a Grey Market Premium of ₹45.With the upper price band set at ₹140, the estimated listing price is ₹185 (Upper price band + today’s GMP). This indicates an expected gain of 32.14% per share.

Stay tuned with Trade Target for daily updates on Winny Immigration IPO GMP and the expected listing price.

  • Date: 26 – June – 2024
  • Winny Immigration GMP: ₹77 (55%)

  • Date: 25 – June – 2024
  • Winny Immigration GMP: ₹77 (55%)
  • Date: 24 – June – 2024
  • Winny Immigration GMP: ₹77 (55%)
  • Date: 23 – June – 2024
  • Winny Immigration GMP: ₹75 (53.57%)
  • Date: 22 – June – 2024
  • Winny Immigration GMP: ₹60 (42.86%)
  • Date: 21 – June – 2024
  • Winny Immigration GMP: ₹60 (42.86%)
  • Date: 20 – June – 2024
  • Winny Immigration GMP: ₹70 (50%)
  • Date: 19 – June – 2024
  • Winny Immigration GMP: ₹49 (35%)
  • Date: 18 – June – 2024
  • Winny Immigration GMP: ₹49 (35%)
  • Date: 17 – June – 2024
  • Winny Immigration GMP: ₹45 (32.14%)
  • Date: 16 – June – 2024
  • Winny Immigration GMP: ₹45 (32.14%)

How can one apply for Winny Immigration IPO?

For retail investors minimum investment starts with 1 lot including 1,000 shares at a cost of ₹140,000 and this is the maximum limit for retail investors to apply in Winny Immigration IPO

For HNIs minimum investment is set at 2 lots including 2,000 shares and costs ₹280,000.

Application Lots Shares Amount
Retail (Min)
1
1000
₹140,000
Retail (Max)
1
1000
₹140,000
S-HNI (Min)
2
2000
₹280,000

Winny Immigration IPO Financial

As of March 31, 2024, Winny Immigration has reported a PAT of ₹39.27 lakhs. This shows a decrease compared to the PAT of ₹144.71 lakhs reported on March 31, 2023 and ₹127.63 lakhs on March 31, 2022.

Period Ended 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets  in (₹ Lakhs)
542.84
541.93
276.26
Revenue (₹ Lakhs)
1,102.12
1,197.91
1,004.07
PAT (₹ Lakhs)
39.27
144.71
127.63
Total Borrowing (₹ Lakhs)
206.84
232.02
127.91

Winny Immigration IPO Quota allocation

Expected Listing Date for Winny Immigration IPO

Happy investing and thank you for reading!
Disclaimer: This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
Posted in IPO SME IPO

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