Winny Immigration & Education Services Ltd IPO

The Company WINNY is mainly in the visa consultancy business. The company provides assistance (Service) to individual for study, travel, work, business and migration purpose. As the world becomes increasingly interconnected, the demand for skilled professionals, students, and travelers to cross borders has surged and it has seized this opportunity to expand its business by providing guidance in the complex process of obtaining visa's for different purposes in current era. The company has successfully assisted thousands of clients in navigating the complex immigration and visa processes. The primary objective of the Company is to streamline the visa application process for its clients. The Company is providing consultancies in the below stated range of services: 1. Training for Language Proficiency Examinations 2. Consulting and processing a range of Temporary Residence Visas. 3. Consulting and processing Permanent Residency Visas.

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50years

Winny Immigration & Education Services Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
6.52 LTBA3.09 L12.65 LNSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
20 Jun, 2424 Jun, 241000 TBA Fixed Price - SME27 Jun, 24

Winny Immigration & Education Services Ltd IPO Dates

  • 20 Jun 2024

    Opening date

  • 24 Jun 2024

    Closing date

  • 25 Jun 2024

    Basis of
    Allotment

  • 26 Jun 2024

    Initiation of
    Refunds

  • 26 Jun 2024

    Credit of
    Shares

  • 27 Jun 2024

    Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x02787000
NII100.74x30900031128000
Retail190.66x30900058915000
Employee0x00
Total142.38x65200092830000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Winny Immigration & Education Services Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations0.852.301.84
EBITDA1.182.661.97
PAT0.391.451.28
Total Assets4.263.982.00
Share Capital1.520.030.03
Total Borrowings3.683.371.40
Operating Activities (Net Cash)0.721.811.41
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)3.683.371.40
Net Cashflow1.040.580.57

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Winny Immigration & Education Services Ltd

Winny Immigration & Education Services Limited was originally incorporated as `Winny Immigration & Education Services Private Limited' as Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated June 09, 2008 bearing Corporate Identification Number U93000GJ2008PTC054150 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on November 07, 2023 and consequently the name of the Company was changed to `Winny Immigration & Education Services Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated November 08, 2023. The CIN of the Company is U93000GJ2008PLC054150.

India is blessed with abundant talent and skills that can be utilized in the global workplace. Our people increasingly travel abroad, whether it is in the quest for education, the search for work or the execution of services. At the same time, travellers and tourists from India have also increased, reflecting our growing interest in other countries and regions. Indians abroad, whether on a longer-term stay or a short duration visit, are a special responsibility for the Government. It has again been the approach of the Government that we must reach out to Indians in distress, however difficult the circumstances. Sometimes, this has been demonstrated dramatically through rescue and relief operations. But the day-to-day processes to assist Indians are even more important, precisely because they apply everywhere everyday. Expanding resources, reforming their application and changing the mindset and work culture of Embassies abroad have all been part of this change. The usage of digital platforms and tools to this end has been particularly notable.

Peer Comparison:

  • No Listed Industry Peers

Winny Immigration & Education Services Ltd IPO Key Points

Strengths

  • Experienced and Knowledgeable Staff.
  • Customization Expertise.
  • Technology Integration.
  • Range of services under one Roof.
  • Clear and Transparent Terms.

Risk

  • The company does not own registered office premises.
  • All of its Branch Office premises are on leased/rental basis.
  • One of the Object of the issue is to raise the funds of Rs. 97.00 Lakhs for opening of branches at various places in India. One of the Object of the issue is to raise the funds of Rs.97.00 Lakhs for opening of branches at various places in India.

Strategy

  • Increase in Technology Integration to the Business.
  • Strategic Partnerships to offer more services.
  • More market penetration by increasing branch offices and franchisees.
  • Experienced and Knowledgeable Staff.
  • Customization Expertise.
  • Technology Integration.
  • Range of services under one Roof.
  • Clear and Transparent Terms.

How To Apply for Winny Immigration & Education Services Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Winny Immigration & Education Services Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 20, 2024 and ends on Jun 24, 2024.

The price of Winny Immigration & Education Services Ltd IPO ranges between ₹0 to ₹0 per share.

The Winny Immigration & Education Services Ltd IPO opens on Jun 20, 2024 and closes on Jun 24, 2024.

The allotment for the Winny Immigration & Education Services Ltd IPO will be finalised on Jun 25, 2024. The shares will be listed on BSE and NSE on Jun 27, 2024.

The minimum lot size for Winny Immigration & Education Services Ltd IPO is 1000 shares, priced between ₹0 to ₹0 per share.

The GMP (Grey Market Premium) of Winny Immigration & Education Services Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Winny Immigration & Education Services Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Winny Immigration & Education Services Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 20, 2024, and closes on Jun 24, 2024. The allotment is finalised on Jun 25, 2024.

To apply for the Winny Immigration & Education Services Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.