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News Details

( As on 14/05/2024 09:50)

Winsol Engineers Ltd. debuts with 386.66% premium at Rs 365.00

Winsol Engineers Ltd. makes a strong debut on the bourses with scrip got listed at Rs 365.00 on the Bombay Stock Exchange, a 386.66 per cent premium to its issue price of Rs 75.00. On the National Stock Exchange, the stock was listed at Rs 365.00.

The company, which raised 0.33 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 32.62 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from May 06 to May 09.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the NSE.

The company anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 22,104.05, up 48.85 points, or 0.22 per cent.