Program Overview
Led by leading faculty from IIT Delhi and seasoned industry professionals, this program delves into contemporary Design Thinking methodologies and tools. Key components include Understanding User Requirements, Iterative Design Principles and Sustainability, Developing Minimum Viable Products and New Innovations, Agile Design Practices, and Data-Driven Innovation Techniques. Additionally, the curriculum covers Innovation Management Tools, Strategic Approaches to Innovation, and Design for Entrepreneurship.
The program also highlights the transformative impact of Artificial Intelligence on creative workflows, showcasing how AI enhances product development strategies and fosters improved customer interaction. Participants will gain practical knowledge on incorporating Generative AI into their design frameworks.
Read more : https://consumerhealthchoices.org/Winsol
Winsol Engineers IPO Gains Strong Grey Market Premium
The Winsol Engineers IPO is currently enjoying a significant grey market premium. According to market analysts, the grey market premium (GMP) for Winsol Engineers has surged to ₹200 per share today.
This means that Winsol Engineers shares are being traded at ₹275 each in the grey market, reflecting an impressive 266.67% premium over the issue price of ₹75 per share.
The Winsol Engineers IPO opened for subscriptions on May 6 and will close today, May 9. The allotment of shares is anticipated to be finalised on May 10, with the company's equity shares set to debut on NSE SME, targeting a listing date of May 14. The price range for the Winsol Engineers IPO is established at ₹71 to ₹75 per share. At the higher end of this range, the company aims to raise ₹23.36 crore through this entirely fresh issue of 31.15 lakh equity shares.
Winsol Engineers Ltd IPO Sees Strong Demand on Day Two
The Winsol Engineers Ltd IPO experienced robust interest from investors on the second day of its subscription on Tuesday, May 7. According to NSE data, the initial public offering (IPO) was oversubscribed 45.17 times by 11 am on day two.
The public offering received bids for over 9.46 crore shares, significantly surpassing the 20.73 lakh shares available to the public.
In the retail segment, bids were placed for 7.93 crore shares against the 10.35 lakh shares on offer, resulting in a remarkable subscription rate of 76.65 times. Meanwhile, the non-institutional investor category was subscribed 30.72 times, with bids for over 1.36 crore shares against 4.44 lakh shares available.
Qualified Institutional Buyers (QIBs) showed more moderate interest, subscribing 1.13 times, with bids for 6.72 lakh shares compared to the 5.93 lakh shares on offer.
Kfin Technologies Limited serves as the registrar for the Winsol Engineers IPO, while Beeline Capital Advisors Pvt Ltd acts as the book-running lead manager. Spread X Securities is the market maker for this IPO.
On May 3, Winsol Engineers raised ₹6.62 crore from anchor investors by allocating 8.83 lakh shares and set aside 1.58 lakh shares for the market maker, Spread X Securities.
The total offer size for the IPO consists of a fresh issue of 31.15 lakh shares, including the anchor investor portion of 8.83 lakh shares and the market maker segment of 1.58 lakh shares.
Winsol Engineers IPO Pricing and Lot Size
The price range for the Winsol Engineers IPO is set between ₹71 and ₹75 per share, with a face value of ₹10 each. Retail investors can apply for a minimum lot size of 1,600 shares, requiring an investment of ₹120,000. High Net-Worth Individuals (HNI) must apply for a minimum of two lots, totaling 3,200 shares, which equates to ₹240,000.
Key Dates for Winsol Engineers IPO
The allotment status for the Winsol Engineers IPO is expected to be finalised on Friday, May 10. Non-allotted applicants should receive refunds by May 13, while successful applicants will see their shares credited to their demat accounts on the same day. The shares are likely to be listed on the NSE SME platform, Emerge, on May 14.
The funds raised from the IPO will be utilised to meet the company's working capital needs and for general corporate purposes.
About Winsol Engineers
Founded in December 2015, Winsol Engineers Limited specialises in engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions, primarily serving solar and wind power generation sectors.
