Wiscon Industries
03 Nov '26SME
Min. Investment
₹2,32,800
Issue size
₹110 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
27 Oct
Opening
29 Oct
Closing
03 Nov
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,44,800 |
Subscription (as on 26 October 2026, 12:03 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2022|MD: Mr Siddhant Dalmia
- Wiscon Industries Limited is a Delhi-based supplier of consumer electronic products in India. Its product portfolio includes LED televisions, air coolers, washing machines, and air conditioners, which are sold under its flagship brand, Wiscon. The company also sells electric scooters under a third-party brand.
- The company serves both business-to-business (B2B) and business-to-consumer (B2C) customers. It conducts its B2B operations through an offline customer network, while it makes B2C sales through its website. Wiscon Industries was incorporated as a public limited company on September 16, 2022.
- In May 2025, the company acquired a 100% stake in Dalmia Technologies Limited (DTL), which manufactures LED televisions and trades in other electronic products. DTL became its wholly owned subsidiary, and the company’s consolidated financial statements include DTL from FY26 onward. Accordingly, consolidated figures for FY26 and the quarter ended June 30, 2026 include DTL’s financial results, while historical figures for FY24 and FY25 in the relevant standalone statements reflect Wiscon Industries on a standalone basis.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Investment in the wholly owned subsidiary, Dalmia Technologies Limited for financing its capital expenditure towards purchase of plant and machinery — Rs 15.04 crore
- Investment in Dalmia Technologies Limited for funding its incremental working capital requirements — Rs 35 crore
- To meet working capital requirements of Wiscon— Rs 17 crore
- To fund marketing and promotional activities in the company — Rs 5.22 crore
- General corporate purposes
Issue Details & Objective
Lot size
600 Shares
Price band
₹194 to 204
Face value
₹10 per share
Financials
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Wiscon Industries IPO is ₹110 Cr
The Wiscon Industries IPO will be open for applications from 27 Oct '26 to 29 Oct '26
The lot size of Wiscon Industries IPO is 600 Shares and its minimum investment amount is ₹2,32,800.
