Our Company was incorporated as'Wm sol Engineers Private Limited at Jamnagar. Gujarat as a private limited company under the Companies Act. 2013. pursuant to a certificate of incorporation dated December30.2015. issued by the Registrar of Companies. Gujarat Thereafter. Our Company wasts converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of the Shareholders held on December 09.2023. and consequently he name of our Company was changed to 'Winsol Engineers Limited, pursuant to afresh certificate of incorporation issued by the Registrar of Companies. Gujarat. on December 21.2023. For details of change in name and registered office of our Com pa ny.pl ease refer to chapter titled "History and Corporate Matters 'beginning on page no. 141 of the Prospect us.

The issue is being made in accordance with Chapter IX of the SEBIICDR Regulations (IPO of Small and Medium Enterprises) and the equity shares are proposed to be listed on Emerge Platform of NSE

INITIAL PUBLIC ISSUE OF 3115200 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH OF WINSOL ENGINEERS LIMITED ("WINSOL". " WEL' OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 75/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 65/- PER EEQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO Rs. 2.336.40 LAKHS ("THE ISSUE"). OF WHICH 158400 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FOR CASH AT A PRICE OF Rs. 75/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 65/- PER EQUITY SHARE AGGREGAT1NG TO Rs. 118.80 LAKHS 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. NETISSUEOF 2956 800 EQUITY SHARES OF FACE VALUEOFRs. 10/- EACH ATA PRICE OF Rs. 75/-PER EQUITY SHARE INCLUDING A SHARE PREMIUM OFRs. 65/- PEREQUITY SHARE AGGREGATING TORs. Z217.60 LAKHS IS HEREIN AFTER REFERRED TO AS THE " NET ISSUE".THE ISSUE AND THE NETISSUE WILL CONSTITUTE 27.01%AND 25.63%. RESPECTIVELY. OFTHE POSTISSUEPAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OFTHE EQUITY SHARES ISRs. 10/- EACH.

The Merchant Banker associated with the Issue has handled 36 public issues out of which 2 issue closed below issue price on listing date.

BRLM associated with the issuer has handled 36 Public issues in last 3 Financial years, below arethe details;

• Average cost of acquisition of Equity Shares held by the Promoters is mentioned below

• Weighted Average Return on Net worth for Fiscals 2023,2022 and 2021 is 43.61%

This Issue was been made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules. 1957. as amended CSCRRⁿ)read wifi Regulation 229 of the SEBIICDR Regulations and in compliance wifi Regulation 253 of the SEBIICDR Regulations, wherein not more than 50.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (QIBs") (the "QIB Portion"). Further. 5.00% of fie Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB tortion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subjectto valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Rinds is less than 5.00% of the Net QIB Por ton. the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Issue shall be available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of fie Net Issue shall be available for allocations Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Issue Price. All Bidders are required to participate in the Issue by mandatorily utilizing the Application Supported by Blocked Amount ("ASBA") process by providing detail sof their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs") or under the UPI Mechanism, as the case may be. to fie extent of respective Bid Amounts. Anchor Investors are not permitted to participate inthe Issue ffi rough the ASBA process. For details, see "Issue Procedure" on page 226 of the Prospectus.

The bidding for Anc horinvestors was opened and closed on Fri day. May03.2024. The co mpany received 6 Anc ho r Investors ap pi icationfor1617600Equity Shares. TheAnchor Investor Allocation Price was finalized atRs. 75.00 pe r Equity Share. A total of 883200 Equity Shares wereallotted under the Anchor Investor portion aggregating to ^ 6.62.40.000. The issue (excluding Anchor Investor tortion) received applications for 1.41.98.03.200 Equity Shares (before rejections and after invalid bids Multiple'Duplicate) resulting in 636.11 times subscription (including reserved portion of market maker). The Details of tie total valid Applications received in the Issue are for 1.39.61.04.000 Equity Shares from various categories and are as under:

Detail of the Before rejection Applications Received:

A summary of the final demand as per NSE as on the Bid'lssue Closing Date at different Bid Prices is as under:

The Basisof Allotment was finalized in cons ultation with the Designated Stock Exchange - NSE on Friday. May 10.2024.

1. Allocation to Retail Individual Investors (After Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, who have bid atcut-off Priceor at or above the Issue Price of Rs. 75'- per equity shares, was finalized in consultation with NSE. The category was subscribed by 766.50timesi.e. for 79.34.80.000 Equity Shares. Total number of share sallotted in this category is 10.35.200 Equity Shares to 647 successfulapplicants.The category wise details of the Basisof Allotmentas under:

2. Allocation to Non-lnstitutional Investors (AfterRejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Issue Price of Rs. 75''- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 1080.58 times i.e. for 48,06,41.600 Equity Shares the total number of shares allotted in this category is 4,44,800 Equity Shares to 278 successful applicants. The category wisedetailsoftheBasis of Allotment are as under:

3) Allocation to QIBs excluding Anchor Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to QIBs. who have bid at Issue Price ofRs. 75/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 205.23 times i.e. for 12.18.24.000 Equity shares the total number of shares allotted in this category is 5.93.600 Equity Shares to 82 successfulapplicants.The category wise details of the Basisof Altotmentare as under:

4) Allocation to Anchor Investors (After Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 8,83,200 Equity Shares to 6 Anchor Investors at Anchor Investor Issue Price of ^ 75/- per Equity Shares in accordance with the SEBIICDR Regulations. The category wise details of the B asis of Allotment are as under:

5) Allocation to Market Maker (Alter Rejections &Withdrawal):The Basis of Allotment to Market Maker who have bid at Issue Price of ^ 75/-per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 1,58.400 Equity shares the total number of shares allotted in this category is 1,58,400 Equity Shares. The category wisedetailsof the Basis of Allotment areas under:

The Board of Directors of the Company at its meeting held on May 10,2024 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The CAN- cum-allotment advices anrVor notices will be forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before May 13,2024. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on May 13, 2024. In case the same is not received within two working days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the NSE EMERGE within three working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated May 09, 2024 (" Prospectus") filed with Registrarof Companies, Gujarat.

The details of the allotment made would also be hosted on the website of the Registrar to the issue, KFin Technologies Limited at www.kfintech.com, All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Bid cum Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SEBI Registration Number: INR000000221

Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District,

Nanakramguda, Serilingampally, Hyderabad - 500 032, Telangana.

Tel. Number: +91 40 6716 2222

Toll Free No: 1800309 4001

Email Id: npil.ipo@ktintech.com

Investors Grievance Id: einward.ris@kfintech.com

Website: www.kfintech.com

Contact Person: M Murali Krishna

CIN: L72400TG2017PLC117649

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OFTHE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF WINSOL ENGINEERS LIMITED.

Winsol Engineers Limited is proposing, subject to market conditions, public issue of its equity shares and had filed the Prospectus with the Registrar of Companies, Gujarat. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.beelinemb.com, website of the NSE at www.nseindia.com and website of Issuer Company at info@winsol.info.; Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 27 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the 'Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to, or for the account or benefit of,"U.S. persons" (as defined in the Regulation Sunder the Securities Act), except pursuant to an exemption from, orin a transaction not subject to the registration requirements of the Securities Act of 1933.