| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹9.13 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹9.13 Cr |
| Fresh Issue | ₹8.65 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน140.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | WINNY |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2008, Winny Immigration and Education Services Ltd. is primarily involved in the visa consultancy business. The company assists individuals for study, travel, work, business, and migration purposes.
The company has assisted thousands of clients with immigration and visa processes, providing visa consultancy. With decades of experience and a network of 12 strategically located offices, they have effectively guided many clients through these complex procedures.
Winny offers visa guidance, immigration assistance, and documentation services.
The company provides consultations for the following services:
1. Training for Language Proficiency Examinations,
2. Consulting and processing a variety of Temporary Residence Visas,
3. Consulting and processing Permanent Residency Visas.
The company has 12 offices in Gujarat, Maharashtra, and Delhi, including branches, franchisees, and a virtual office in Canada.
As of March 31, 2024, the company has employed around 145 employees at various levels of the Organization.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Opening of new offices in India | 0.97 |
| 2 | Software Development | 2.88 |
| 3 | Repayment of Debt | 1.59 |
| 4 | Branding and Advertisement | 1.00 |
| 5 | General corporate purposes | 1.99 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 5.43 | 5.42 | 2.76 |
| Total Income | 11.02 | 11.98 | 10.04 |
| Profit After Tax | 0.39 | 1.45 | 1.28 |
| NET Worth | 2.31 | 1.91 | 0.47 |
| Reserves and Surplus | 0.79 | 1.88 | 0.43 |
| Total Borrowing | 2.07 | 2.32 | 1.28 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 18.60% |
| ROCE | 15.74% |
| Debt / Equity | 0.90% |
| RoNW | 17.02% |
| PAT Margin | 3.63% |
| Price to Book Value | 9.21 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.59 | 1.81 |
| P/E (x) | 54.12 | 77.36 |
| Promoter Holding | 83.63% | 58.51% |
| Market Cap | โน30.38 Cr. | |