Winny Immigration - AstroIPO

Winny Immigration IPO


June 19, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Winny Immigration & Education Services Ltd., a professional services company, is launching its initial public offering (IPO) on the National Stock Exchange (NSE) from June 20 to 24, 2024. The company aims to raise Rs. 9.13 crore through this fixed-price issue.

The IPO offers 6.52 lakh shares at Rs. 140 per share. The minimum application size is 1000 shares, with a cap of Rs. 5,00,000 for retail subscriptions. Winny Immigration & Education Services’ shares are expected to list on the NSE on June 27, 2024.

This IPO presents an opportunity to gain exposure to the immigration and education services sector. Winny Immigration & Education Services operates in a field that has seen growing demand due to increased global mobility and international education trends.

The company’s focus on both immigration and education services suggests a diversified business model. This dual approach may provide stability and multiple revenue streams.

The immigration and education services industry often benefits from economic growth and globalization. Winny Immigration & Education Services’ position within this sector may be worth exploring.

Winny Immigration IPO Details

IPO Size 9.13
Price Range ₹140
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at NSE and BSE
Minimum Quantity 1000
Investment (cut-off price) ₹140,000
Pre IPO Promotor Holding 83.63%
Post IPO Promotor Holding 58.51%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Winny Immigration IPO Timelines

20/06/2024
Start Date
24/06/2024
End Date
25/06/2024
Allotment Date View Status
26/06/2024
Refund Initiation
26/06/2024
Credit of Shares to Demat Ac
27/06/2024
Listing Date

Winny Immigration IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹140,000
Retail Minimum 1 1000 ₹140,000
S-HNI Minimum 2 2000 ₹280,000

Winny Immigration IPO Subscription Status

QIB NII Retail EMP Total
-- 49.13 x 34.29 x 0.48 x 83.41 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹240 ₹252 ₹252 ₹240

Winny Immigration IPO Company Financials

Year Total Income Total Expense PAT
2022 ₹10.04 ₹8.33 ₹1.28
2023 ₹11.98 ₹10.04 ₹1.45
2024 ₹11.02 ₹10.50 ₹0.39

About Company

Winny Immigration and Education Services Limited is a visa consulting firm. The company assists individuals with obtaining visas for study, travel, work, business, and migration. It offers services in the following areas: Training for Language Proficiency Exams Consulting and processing Temporary Residence Visas Consulting and processing Permanent Residency Visas The company’s clients largely migrate to the US, Canada, Australia, New Zealand, the UK, and Europe.

The team at Winny Immigration consists of experienced immigration and education consultants. The company has 12 offices and a team of 100 professionals to help their clients with immigration processes.

Incorporation Date Sector Managing Director
2008 Other Jignesh Patel

Know Before Investing

Winny Immigration IPO Strengths

  • The company offers individualized advice and guidance tailored to each client.
  • It has a well-equipped infrastructure.
  • From training to consultation and application processing to reaching the final destination, the company offers all visa-related services.
  • Clear and Transparent Terms are a big plus.
  • Experienced promoters and management team.

Winny Immigration IPO Risks

  • The company is highly dependent on the Canada Immigration Revenue.
  • Changes in the foreign policy on VISA and Immigration may affect the business adversely.
  • The major source of revenue is generated from the state of Gujarat.
  • It operates in a competitive environment.
  • It has reported negative cash flow in the past.

Swot Analysis for Winny Immigration IPO

Strengths

Weaknesses

Opportunities

Threats

Contact Details of IXIGO

Winny Immigration and Education Services Ltd 103-104, ATP Arcade, Above Mr. Bean's Coffee Shop, Nr. National Handloom House, Law Garden, Ahmedabad- 380006 Phone: 079-61906190 Email: [email protected] Websitehttps://winnyimmigration.com/

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: [email protected]

Website: https://ipo.bigshareonline.com/ipo_status.html

Company Details

Winny Immigration and Education Services Ltd

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

Phone: 079-61906190

Email: [email protected]

Website: https://winnyimmigration.com/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: [email protected]

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Winny Immigration and Education Services IPO are:

  • Opening of new offices in India.
  • Software development.
  • Repayment of Debt.
  • Branding and Advertisement.
  • Meeting Public Issue Expenses.

Interactive Financial Services Ltd. is the book-running lead managers for the Winny Immigration and Education Services IPO.

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