Winny Immigration & Education Services Ltd - IPO

Winny Immigration & Education Services Ltd IPO Details

Initial public issue of 6,52,000 equity shares of face value of Rs. 10/- each of Winny Immigration & Education Services Limited (Winny or the Company or the Issuer) for cash at a price of Rs. 140 per equity share including a share premium of Rs. 130 per equity share (the Issue Price) aggregating to Rs. 9.13 crores (The Issue), of which 34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 140 per equity share including a share premium of Rs. 130 per equity share aggregating to Rs. 0.48 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 6,18,000 equity shares of face value of Rs. 10/- each at a price of Rs. 140 per equity share aggregating to Rs. 8.65 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.05 % and 28.48 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 14 times of the face value.

Objective of issue

Opening of new offices in india. Software development. Repayment of debt. Branding and advertisement. General corporate purposes.

Winny Immigration & Education Services Ltd Contact Details

Winny Immigration & Education Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@winnyimmigration.com

Website - www.winnyimmigration.com