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WIWINNYListed

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED

Fixed Price Issue IPO · NSE

Price band
₹140 - ₹140
Lot size
1,000 shares
Issue amount
₹9.13 cr
Total subscription
150.21×
Current price₹30.7
Listing price ₹240
Watch live price ↗
Opens
20 Jun 2024
Closes
24 Jun 2024
Allotment
25 Jun 2024
Listing
27 Jun 2024

Offer at a glance

Issue overview

Issue size
6,52,000 shares
Face value
₹10 Per Equity Share
Minimum investment
₹1,40,000
Fresh issue
₹9.13 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,40,000
Issue type
Fixed Price Issue IPO
Shares before issue
15,18,000
Shares after issue
21,70,000

Lot sizes

CategoryLotsSharesAmount
RETAIL11,000₹1,40,000
HNI22,000₹2,80,000

Share reservation

RETAIL47.4%
Other47.4%
Market Maker 5.21%

Subscription & GMP

Subscription by category

Total subscribed150.21×

Missing multiples are calculated from bids and offered shares when available.

NIB109.76×
RETAIL190.66×

GMP history

038.57710 Mar: ₹7711 Mar: ₹7714 Nov: ₹7717 Nov: ₹7726 Nov: ₹77
10 Mar₹7726 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL4.33824.81

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
05001,0001,500Mar-22 · Revenue: 1,004.07Mar-22 · Profit after tax: 127.63Mar-22Mar-23 · Revenue: 1,197.91Mar-23 · Profit after tax: 144.71Mar-23Mar-24 · Revenue: 1,102.12Mar-24 · Profit after tax: 39.27Mar-24
RevenueProfit after tax

Key performance indicators

MetricMar-24 Mar-23 Mar-22
EPS2.599.538.41
ROE18.6121.5-747.91
ROCE15.7451.64114.93
RONW17.0275.58273
PRE IPO(PE)54.1200
POST IPO(PE)77.3600

Values and labels as reported in the issue data.

Company information

Company profile

Winny Immigration and Education Services Ltd., commonly known as Winny, is a trusted name in immigration and visa services. With 12 strategically located offices and a team of over 145 dedicated professionals, Winny has successfully guided millions through their immigration journeys. Known for its reliable and personalized approach, the company helps individuals and families seamlessly navigate the process of living, working, traveling, or studying abroad.

Strengths

  • Expert Team: Winny has over 145 experienced professionals in the immigration and visa industry, ensuring clients receive expert guidance and support.
  • Personalized Solutions: The company specializes in tailoring immigration services to meet each client’s unique needs, making the process smooth and effective.
  • Tech-Driven Efficiency: Winny leverages advanced technology to enhance accuracy and streamline operations, providing a seamless and hassle-free immigration experience.

Risk factors

  • Lease-Related Risks: Since all branch offices operate on leased premises, any challenges with lease renewals or rent hikes could disrupt operations and raise costs.
  • Franchise Network Dependency: The company’s success depends on maintaining and growing its franchise network. Any setbacks in expansion or retention could impact business performance.
  • Competitive Market: Strong competition in the immigration and visa industry could affect Winny’s market share, profitability, and ability to attract and retain clients.

Promoters

Jignesh Patel

Registrar & documents

Lead manager

Interactive Financial Services Limited

Registered office

103-104, ATP Arcade, Above Mr. Bean's Coffee Shop, Nr. National Handloom House, Law Garden, Ahmedabad- 380006

079-61906190

[email protected]Company website ↗

Understanding WINNY IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.