Winsol Engineers Share Price

Winsol Engineers Limited was incorporated as Winsol Engineers Private Limited at Jamnagar, Gujarat as a Private Limited Company , dated December 30, 2015, issued by the Registrar of Companies, Gujarat. Thereafter, the Company converted into a Public Limited and the name of Company was changed to Winsol Engineers Limited , pursuant to a fresh Certificate of Incorporation issued by the Registrar of Companies, Gujarat, on December 21, 2023.Located in Jamnagar, Winsol Engineers 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 Works. In addition to core BoP Solutions, the Company provides Operation and Maintenance services for Plant handling and monitoring.Balance of Plant solutions for Wind and Solar projects refers to all components of a power generation facility including structures, equipment, and systems necessary for the plants operation. This can involve the design, procurement, installation, and commissioning of the balance of plant systems necessary for overall functioning of the facility. In fact, the Company is responsible for delivering the entire project, including balance of plant components but excluding the main generating equipment (such as turbines or generators).Under Operation Maintenance vertical, it provides support to site operations for optimized performance. The scope of service includes support site operations for minimizing the down time of turbines, SCADA Monitoring, Inspection and reporting on abnormalities, Supervisor Scheduled maintenance and periodical replacements and participate in all audits, preparation for the reports including manpower supply for the mentioned services.In 2018, the Company completed more than 55 projects amounting to more than Rs 170 Crores.The Company acquired entire stake of Repower Infrastructure Private Limited making it Wholly Owned Subsidiary on February 10, 2024.On 9 May 2024, Company came up with the IPO by issuing 3115200 Equity Shares of face value of Rs 10, by raising Rs 23.36 crore through fresh issue.