WINNY IMMIGRATION & EDUCATION SERVICES LIMITED (NSE SME)
June 20, 2024 – June 24, 2024
| Price | ₹140 - ₹140 |
| Premium | ₹77 |
|---|---|
| Lot size | 1000 |
| Allotment | Jun 25, 2024 |
| Listing | Jun 27, 2024 |
103-104, ATP Arcade,
Above Mr. Bean's Coffee Shop,
Nr. National Handloom House,
Law Garden, Ahmedabad, Gujarat, India, 380006
E-mail : compliance@winnyimmigration.com
Website: http://www.winnyimmigration.com/
Last updated on 24-Jun-2024 17:01:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 309000 | 33915000 | 109.76 |
| RETAIL | 309000 | 58915000 | 190.66 |
| Total | 618000 | 92830000 | 150.21 |
| Retail Apps | 58915 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹20.63 | @8% ₹23.58 | @9% ₹26.52 | @10% ₹29.47 | @11% ₹32.42 | @12% ₹35.36 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 140000 | 309 |
| HNI | 2 | 2000 | 280000 | 309 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.4% | 309000 |
| Other | 47.4% | 309000 |
| Market Maker | 5.21% | 34000 |
| Total No. of Shares | 100.0% | 652000 |
IPO Details
| Issue Size | 6,52,000 shares (aggregating up to 9.13 Cr) |
| Fresh Issue | 6,52,000 shares (aggregating up to 9.13 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,18,000 |
| Share holding post issue | 2,170,000 |
| Market Maker | 34,000 Shares Aftertrade Broking |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 18.60% | 121.50% | -747.91% |
| ROCE | 15.74% | 51.64% | 114.93% |
| RONW | 17.02% | 75.58% | 273.00% |
| D/E | 0.90 | 1.21 | 2.74 |
| EPS (diluted) | 2.59 | 9.53 | 8.41 |
| P/E Pre IPO | 54.12 | ||
| P/E Post IPO | 77.36 |
Financial Statement
| Period | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 542.84 | 541.93 | 276.26 |
| Revenue | 1102.12 | 1197.91 | 1004.07 |
| Profit | 39.27 | 144.71 | 127.63 |
| Net worth | 230.72 | 191.46 | 46.75 |
| Reserve & Surplus | 78.92 | 188.16 | 43.45 |
| Borrowings | 206.84 | 232.02 | 127.91 |
| Amount in lakhs | |||
About Company
Winny Immigration and Education Services Ltd., known as Winny, is widely recognized as immigration and visa service provider. With a robust presence through 12 strategically located offices and a team of over 145 dedicated professionals, Winny has facilitated the immigration journeys of millions. The company is celebrated for its reliable and personalized approach, helping individuals and families navigate the complexities of living, working, traveling, or studying abroad.
Strength Factor
Experienced and Knowledgeable Staff: Winny boasts a team of over 145 dedicated professionals with decades of experience in the immigration and visa industry, ensuring clients receive expert guidance and support throughout their journey.
Customization Expertise: Winny excels in providing personalized solutions tailored to the unique needs and goals of each client, making the immigration process more manageable and effective.
Technology Integration: By integrating advanced technology into their services, Winny enhances efficiency and accuracy, streamlining the immigration process for a seamless client experience.
Risk Factors
Leased Office Premises: As all branch offices are on leased or rental premises, any issues with lease renewals or rental agreements could disrupt operations and increase costs.
Franchisee Dependency: The Company’s growth and success heavily rely on maintaining and expanding its network of franchisees. Failure to do so could negatively impact business performance and financial stability.
Market Competition: Intense competition in the immigration and visa service industry poses a constant risk, potentially affecting Winny's market share, profitability, and ability to attract and retain clients.