Winsol Engineers Limited

About the company

## **About Winsol Engineers Limited** Incorporated in 2015, Located at Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies. Their core services for BoP Solutions includes Foundation work, Substation Civil and Electrical work, Right of Way services, Cabling to substation and Grid, and Miscellaneous work. The company has a Wholly owned subsidiary namely Repower Infrastructure Private Limited. Repower Infrastructure Private Limited is also engaged in the same line of business. Pursuant to which, the company acquired entire stake of Repower Infrastructure Private Limited on February 10, 2024 making it their Wholly owned subsidiary as on date. The materials essential for executing projects are meticulously sourced and managed to ensure the highest quality and compliance with project specifications. The materials required for performing the scope of work are Conductors, Earthwires and staywires, Fabrication material, Bird Guard and Bird Diverter, Insulators, Isolators, Surge arrestors, Optical Ground Wire, Beams and poles, various tower structures, fasteners and other required hardware. While the specifics of raw materials can vary based on project requirements, they maintain comprehensive records of each type of material procured. These records include details such as material specifications, supplier information, quality certificates, and any relevant compliance documentation. They procure raw material from domestic sources only. End users of their services are Companies engaged in the renewable energy sector. Their company has total team strength of more than 200 (Engineers and Technicians) for execution of various projects. The company has been executing various projects on a Turnkey basis for various clients including Suzlon, Adani Green Energy, Powerica Limited and KP Energy Limited. Company has demonstrated a prominent presence in execution of projects and has developed significant expertise and competencies in this field &  the aim is  to leverage on its strength and continue expansion into sector which will put them to desired growth trajectory. Winsol Engineers Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Working Capital Requirements  1. General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   06 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   08 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   13 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   14 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.