Wiscon Industries IPO
Updated 22 Oct 2026, 6:50 pm.
Minimum investment (Individual investors (IND))
₹2,44,800
2 lots · 1,200 shares at the upper price band
Price band
₹194–204
Latest GMP
₹0
0.0% of the ₹204 upper band
Est. listing price
—
Issue size
₹22 Cr
Allotment status
Allotment is due on 30 Oct 2026. Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised30 Oct 2026(upcoming)
- Refunds start2 Nov 2026(upcoming)
- Shares credited to demat2 Nov 2026(upcoming)
- Listing3 Nov 2026(upcoming)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 22 Oct 2026, 6:50 pm | ₹0 | — |
| 22 Oct 2026, 6:45 pm | ₹0 | — |
| 22 Oct 2026, 1:50 pm | ₹0 | — |
| 22 Oct 2026, 1:45 pm | ₹0 | — |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹194–204
- Issue size
- ₹22 Cr
- Lot size
- 600
- Opens
- 27 Oct 2026
- Closes
- 29 Oct 2026
- Allotment
- 30 Oct 2026
- Listing
- 3 Nov 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Maashitla Securities Pvt.Ltd.
- Minimum investment
- ₹2,44,800 (2 lots · 1,200 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Offer for sale
- ₹22 Cr
- Listing at
- BSE SME
- Refunds
- 2 Nov 2026
- Shares credited
- 2 Nov 2026
- Promoter holding
- 94.18% before · 68.46% after
- Lead managers
- Smart Horizon Capital Advisors Pvt.Ltd.
Offer documents & links
Full issue details
Details as published for this issue, read 22 Oct 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 27 to 29 Oct, 2026 |
|---|---|
| Listing Date | Tue, Nov 3, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹194 to ₹204 |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 53,92,200 shares (agg. up to ₹ 110 Cr) |
|---|---|
| Reserved for Market Maker | 3,90,000 shares (agg. up to ₹ 8 Cr) Shreni Shares Ltd. |
| Fresh Issue (Ex Market Maker) | 39,24,000 shares (agg. up to ₹ 80 Cr) |
| Offer for Sale | 10,78,200 shares of ₹ 10 (agg. up to ₹ 22 Cr) |
| Net Offered to Public | 50,02,200 shares (agg. up to ₹ 102 Cr) |
| Share Holding Pre Issue | 1,56,73,500 shares |
| Share Holding Post Issue | 1,99,87,500 shares |
IPO Timetable (Tentative)
- IPO Open
- Tue, Oct 27, 2026
- IPO Close
- Thu, Oct 29, 2026
- Allotment
- Fri, Oct 30, 2026
- Refund
- Mon, Nov 2, 2026
- Credit of Shares
- Mon, Nov 2, 2026
- Listing
- Tue, Nov 3, 2026
Issue Reservation
- QIB45.47%
- NII (HNI)14.32%
- Retail32.98%
- Market Maker7.23%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 24,51,600 | 49.01% | 45.47% |
| - Anchor Investor | 12,25,800 | — | 22.73% |
| - QIB (Ex. Anchor) | 12,25,800 | — | 22.73% |
| NII (HNI) | 7,72,200 | 15.44% | 14.32% |
| - bNII > ₹10L | 5,14,800 | — | 9.55% |
| - sNII < ₹10L | 2,57,400 | — | 4.77% |
| Retail | 17,78,400 | 35.55% | 32.98% |
| Firm Reservations | |||
| Market Maker | 3,90,000 | — | 7.23% |
| Total | 53,92,200 | 100.00% | 100.00% |
Wiscon Industries IPO comprises a total issue size of 53,92,200 shares. The net offer to the public is 50,02,200 shares, after excluding 3,90,000 shares allotted on a firm basis. Of the Net offer 24,51,600 (49.01%) are allocated to QIB , 7,72,200 (15.44%) allocated to NII 17,78,400 (35.55%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1,200 | ₹2,44,800 |
| Individual investors (IND) (Max) | 2 | 1,200 | ₹2,44,800 |
| S-HNI (Min) | 3 | 1,800 | ₹3,67,200 |
| S-HNI (Max) | 8 | 4,800 | ₹9,79,200 |
| B-HNI (Min) | 9 | 5,400 | ₹11,01,600 |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
About Wiscon Industries Ltd.
Incorporated in September 2022, Wiscon Industries Limited is a Delhi-based company engaged in the trading and supply of consumer electronic products across India.
The company offers a broad range of products, including LED TVs, air coolers, washing machines, and air conditioners under its flagship "Wiscon" brand.
It also sells electric scooters sourced from third-party brands.
Wiscon serves both business customers (B2B) and individual consumers (B2C). Its products are distributed through an offline dealer and distributor network as well as its own online platform, allowing the company to reach customers across the country. Sales operations are managed by a dedicated team working from the company's registered office.
The company has reported strong revenue growth since its incorporation. Revenue from operations increased from ₹ 321.45 lakh in FY 2023-24 to ₹1,449.27 lakh in FY 2024-25, and further to ₹7,339.16 lakh in FY 2025-26, reflecting significant business expansion over the three-year period.
As of September 30, 2026, Wiscon Industries had 76 permanent employees supporting its operations.
Competitive Strengths
Offers a diversified portfolio of consumer electronic products catering to different customer segments.
Serves customers through both B2B and B2C sales channels, including its own online platform.
Maintains an established after-sales service network to support customers across India.
Led by an experienced management team with execution expertise.
Supported by a skilled workforce that helps drive business growth and operational efficiency.
Company Financials (Restated Consolidated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 30 Jun 2026 | 31 Mar 2026 |
|---|---|---|
| Assets | 144.79 | 90.75 |
| Total Income | 69.85 | 197.13 |
| Profit After Tax | 7.89 | 20.41 |
| EBITDA | 11.00 | 28.09 |
| NET Worth | 38.49 | 30.61 |
| Reserves and Surplus | 22.82 | 25.38 |
| Total Borrowing | 36.97 | 25.26 |
| Amount in ₹ Crore |
Recently Listed IPOs in Consumer Electronics
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nanta Tech Ltd. | SME | ₹31.81 Cr | ₹220 | 17.03 | ₹245.70 | +11.68% | ₹344.00 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in the WOS, Dalmia Technologies Limited for financing its capital expenditure towards purchase of Plant and Machinery | 15.04 |
| 2 | Investment in the WOS, Dalmia Technologies Limited for funding its incremental working capital requirements | 35.00 |
| 3 | To meet Working Capital requirements of the Company | 17.00 |
| 4 | To Fund Marketing and Promotional Activities in the Company | 5.23 |
| 5 | General Corporate Purposes | — |
| 6 | Issue expenses | — |
| Total | 72.26 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
ROE
ROCE
RoNW
PAT Margin
EBITDA Margin
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 22.83% | 117.37% |
| ROCE | 14.72% | 51.82% |
| Debt/Equity | 0.96 | 0.83 |
| RoNW | 20.49% | 66.67% |
| PAT Margin | 11.29% | 10.36% |
| EBITDA Margin | 15.74% | 14.27% |
| NAV | 24.56 | 19.53 |
| P/B (x) | — | 10.45 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 13.02 | 15.78 |
| P/E (x) | 15.67 | 12.93 |
| Market Cap at Offer Price | ₹319.74 Cr. | ₹407.75 Cr. |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group94.18%
- Public5.82%
Post IPO
- Promoter and Promoter Group68.46%
- Public31.54%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 94.18% | 68.46% |
| Public | 5.82% | 31.54% |
| Total | 100% | 100% |
Company Promoter: Sidhant Dalmia
Offer For Sale - Selling Shareholder
| Name | Category | No. of Shares Offered | Amount (₹ cr.) |
|---|---|---|---|
| Sidhant Dalmia | Promoter | 10,78,200 | 22.00 |
| Total | — | 10,78,200 | 22.00 |
Wiscon Industries IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Registrar
Maashitla Securities Pvt.Ltd.
011-45121795
investor.ipo@maashitla.com
IPO Lead Manager(s)
Smart Horizon Capital Advisors Pvt.Ltd.
Contact Details
Wiscon Industries Ltd. Address
C 64, DDA Shed
Okhla Ind Area
PH 1
South Delhi, New Delhi , 110020
+ 919315848377
investor.relations@wiscon.in
Wiscon Industries IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
No coverage found yet.
Wiscon Industries: common questions
Answered from this issue's own record.
