Blockbuster debut! Winsol Engineers shares list at 387% premium over issue price

Winsol Engineers shares debut at 387% premium on NSE SME. Listed at Rs 365 vs Rs 75. Oversubscribed 600 times. Proceeds for working capital, corporate needs, public issue expenses. Offers BoP solutions and maintenance services.

The of debuted on the with a of 387% on Tuesday. The stock was at Rs 365 as against an issue price of Rs 75.

Ahead of the debut, the company's shares traded with a premium of Rs 200 in the unlisted market.

The , which was completely a fresh equity issue of 31.15 lakh shares, received a bumper subscription of over 600 times at close.

The net proceeds from the public offer will be used for setting up working capital requirements, general corporate purposes, and public issue expenses.

Based in , is an integrated engineering, procurement, construction and commissioning company providing (BoP) solutions for both wind and solar power generation companies.

Its core services for BoP Solutions include foundation work, substation civil and electrical work, right of way services, cabling to substation and Grid, and other miscellaneous activities.



The company's clients are in the industry, who prefer Winsol BoP solutions due to the historic track record of timely completion of projects, expertise and extensive experience in the business and cost efficiency.

In addition to the core BoP Solutions, Winsol also provides services for plant handling and monitoring.

Balance of Plant solutions for Wind and Solar projects refers to all the components of a power generation facility excluding
the main generating equipment. This includes structures, equipment, and systems necessary for the plant's operation.

This can involve the design, procurement, installation, and commissioning of the balance of plant systems necessary for the overall functioning of the facility.

Winsol is responsible for delivering the entire project, including balance of plant components but excluding the main generating equipment (such as turbines or generators). Under operation and maintenance vertical, the company provides support to site operations for optimized performance.

Source: Stocks-Markets-Economic Times

Publicații recente
PNC CEO Demchak sells shares worth over $230k
24.09.2024 - 00:00
Veracyte director Jones sells over $182,000 in company stock
24.09.2024 - 00:00
Brazil stocks lower at close of trade; Bovespa down 0.30%
24.09.2024 - 00:00
Magnolia Capital Fund buys $35 million of Americas Carmart shares
24.09.2024 - 00:00
Skorpios Trust sells $27.2 million of Stoke Therapeutics stock
24.09.2024 - 00:00
Canada stocks higher at close of trade; S&P/TSX Composite up 0.11%
24.09.2024 - 00:00
Deere drops 2% as Trump threatens 'a 200% tariff' if it shifts business to Mexico
24.09.2024 - 00:00
Mastercard CMO sells over $2.2m in company stock
24.09.2024 - 00:00
After-hours movers: Snowflake, GameStop, Lifeway Foods, Liberty Broadband
24.09.2024 - 00:00
Chewy insiders sell over $789 million in stock
24.09.2024 - 00:00
Clarivate exec sells shares worth $840,000
24.09.2024 - 00:00
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.15%
24.09.2024 - 00:00
Hims & Hers health CEO sells over $747k in company stock
24.09.2024 - 00:00
Atlassian CEO sells over $1.29 million in company stock
24.09.2024 - 00:00
Hims & Hers health CFO sells over $212k in company stock
24.09.2024 - 00:00

© Analytic DC. All Rights Reserved.

new
Prezentare generală a pieței Activitatea întreprinderilor din SUA a rămas stabilă în septembrie, dar presiunile asupra prețurilor se intensifică
Bine ați venit în mesageria de suport!!
*
*

Solicitarea dvs. a fost trimisă cu succes!
Veți fi contactat în scurt timp.