The Wiscon Industries IPO opened for subscription on October 27, 2026, as the Delhi-based consumer electronics company seeks to raise ₹110 crore. Bidding closes on October 29, with shares tentatively scheduled to list on the BSE SME platform on November 3.
Wiscon Industries IPO terms and dates
The offer comprises a fresh issue of 43.14 lakh shares worth ₹88.01 crore and an offer for sale of 10.78 lakh shares worth ₹22 crore. The price band is ₹194–204 per share.
Retail investors must apply for at least two lots, or 1,200 shares, requiring ₹2,44,800 at the upper end of the price band. The minimum application for high-net-worth individuals is three lots, or 1,800 shares, amounting to ₹3,67,200.
Wiscon raised ₹25.01 crore from anchor investors on October 26. Allotment is expected to be finalized on October 30; the November 3 listing date remains tentative.
| Item | Details |
|---|---|
| Subscription window | October 27–29, 2026 |
| Price band | ₹194–204 per share |
| Retail minimum | 1,200 shares; ₹2,44,800 at the upper price |
| Expected allotment | October 30, 2026 |
| Tentative listing | November 3, 2026, on BSE SME |
How the company plans to use proceeds
Wiscon plans to invest ₹15.04 crore in its wholly owned subsidiary, Dalmia Technologies Limited, for plant and machinery, and another ₹35 crore in the subsidiary for incremental working capital.
The company also plans to allocate ₹17 crore to its own working capital and ₹5.23 crore to marketing and promotional activities. Remaining proceeds are intended for general corporate purposes and issue expenses.
Business and revenue
Incorporated in September 2022, Wiscon trades and supplies consumer electronics across India. Its Wiscon-branded products include LED televisions, air coolers, washing machines and air conditioners. It also sells electric scooters sourced from third-party brands.
Revenue from operations rose from ₹321.45 lakh in FY24 to ₹1,449.27 lakh in FY25 and ₹7,339.16 lakh in FY26. The company had 76 permanent employees as of September 30, 2026.
Smart Horizon Capital Advisors is the book-running lead manager, and Maashitla Securities is the registrar.
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