Shares of Winny Immigration and Education Services debuted strongly on the NSE SME platform on June 27, opening at Rs 240 per share, marking a premium of over 71 percent from its issue price of Rs 140.
Winny Immigration’s initial public offering (IPO) raised Rs 9.13 crores through a fresh issue of 6.52 lakh shares. The IPO subscription period ran from June 20 to June 24, with allotments finalized on June 25.
The IPO was priced at Rs 140 per share, offering investors a chance to participate with a minimum lot size of 1,000 shares, requiring a retail investment of Rs 1.4 lakh. High Net-worth Individuals (HNIs) could invest a minimum of 2 lots (2,000 shares), totaling Rs 2.8 lakh.
Interactive Financial Services served as the book-running lead manager for the IPO, ensuring a smooth process. Bigshare Services acted as the registrar, and Aftertrade Broking was the market maker.
Established in 2008, Winny Immigration specializes in visa consulting, helping clients secure visas for study, travel, work, business, and migration. The firm employs experienced immigration and education consultants and primarily assists clients migrating to destinations like the US, Canada, Australia, New Zealand, the UK, and Europe. Winny uses the “Winny App” as a CRM tool to manage client relationships.
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