Wiscon Industries IPO: dates, price band, lot size and GMP
Wiscon Industries IPO opens 27 – 29 Oct 2026 on the SME, price band ₹194 – ₹204, lot 600 shares, no GMP reported yet. Allotment 30 Oct, listing 3 Nov.
Listing date: Wiscon Industries IPO is scheduled to list on 3 Nov on BSE SME.
Updated 22 Oct 2026, 11:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 212 IPOs on its calendar; the Wiscon Industries IPO has a price band of ₹194 – ₹204, a lot of 600 shares and no grey-market premium reported yet as of 22 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 27 – 29 Oct 2026 |
| Price band | ₹194 – ₹204 |
| Lot size | 600 shares |
| Issue size | ₹110.00 Cr |
| Fresh issue | ₹80.05 Cr |
| Offer for sale | ₹22 Cr |
| Subscription | — |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead managers | Smart Horizon Capital Advisors Pvt.Ltd. |
| Status | Upcoming |
Timeline
- Issue opens: 27 Oct
- Issue closes: 29 Oct
- Allotment: 30 Oct
- Refunds: 2 Nov
- Demat credit: 2 Nov
- Listing: 3 Nov
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹407.75 Cr |
| P/E (pre-issue) | 15.67x |
| P/E (post-issue) | 12.93x |
| Fresh issue (shares) | 39,24,000 |
| Offer for sale (shares) | 10,78,200 |
| Total shares offered | 50,02,200 |
| Promoter holding pre-issue | 94.18% |
| Promoter holding post-issue | 68.46% |
| Promoters | Sidhant Dalmia |
| Lead managers | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar phone | 011-45121795 |
| Registrar email | investor.ipo@maashitla.com |
| Company website | wiscon.in |
| Anchor bid date | 26 Oct 2026 |
| Anchor lock-in ends (50%) | 29 Nov 2026 |
| Anchor lock-in ends (remaining) | 28 Jan 2027 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 1,200 | ₹2,44,800 |
| Retail (maximum) | 2 | 1,200 | ₹2,44,800 |
| sNII (minimum) | 3 | 1,800 | ₹2,44,800 |
| bNII (minimum) | 3 | 1,800 | ₹11,01,600 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 24.5% | 12,25,800 | |
| QIB | 24.5% | 12,25,800 | Not more than 50% of the Net Offer |
| NII (HNI) | 15.4% | 7,72,200 | Not less than 15% of the Net Offer |
| sNII | 5.1% | 2,57,400 | |
| bNII | 10.3% | 5,14,800 | |
| Retail | 35.6% | 17,78,400 | Not less than 35% of the Net Offer |
| Market Maker | 7.8% | 3,90,000 |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹13.02 |
|---|---|
| EPS (post-issue) | ₹15.78 |
| P/E (pre-issue) | 15.67x |
| P/E (post-issue) | 12.93x |
| RoNW | 66.67% |
| RoCE | 51.82% |
| RoE | 117.37% |
| PAT margin | 10.36% |
| EBITDA margin | 14.27% |
| Price / book | 10.45x |
| NAV per share | ₹19.53 |
| Debt / equity | 0.83 |
| Market cap (upper band) | ₹407.75 Cr |
Financials (₹ Cr)
| Metric | 30 Jun 2026 | FY26 | Change |
|---|---|---|---|
| Assets | 144.79 | 90.75 | — |
| Total Income | 69.85 | 197.13 | — |
| Profit After Tax | 7.89 | 20.41 | — |
| EBITDA | 11 | 28.09 | — |
| NET Worth | 38.49 | 30.61 | — |
| Reserves and Surplus | 22.82 | 25.38 | — |
| Total Borrowing | 36.97 | 25.26 | — |
About Wiscon Industries
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 June 30, 2026, Wiscon Industries had 76 permanent employees supporting its operations.
Objects of the issue
- Investment in the WOS, Dalmia Technologies Limited for financing its capital expenditure towards purchase of Plant and Machinery — ₹15.04 Cr
- Investment in the WOS, Dalmia Technologies Limited for funding its incremental working capital requirements — ₹35 Cr
- To meet Working Capital requirements of the Company — ₹17 Cr
- To Fund Marketing and Promotional Activities in the Company — ₹5.23 Cr
- General Corporate Purposes
- Issue expenses
Net proceeds: ₹72.26 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Wiscon Industries Ltd. (issuer) | 13.56 | 13.56 | 19.53 | — | 66.67% | — | — |
| Cellecor Gadgets Limited | 1.8 | 1.8 | 9.27 | 15.89x | 19.35% | 3.89 | — |
Notes: The figures for the company are based on Restated Consolidated Financial Statements for the year ended March 31, 2026. P/E Ratio has been computed based on their respective closing market price on October 19, 2026, as divided by the Basic EPS as on March 31, 2026. RONW (%) = Restated Profit for the year attributable to equity shareholders divided by Net Worth of our Company. Net asset value per equity share is calculated as net worth as of the end of the relevant year divided by the total number of equity shares outstanding at the end of the year.
Strengths (per the offer document)
- Wide Range of imperative Consumer Electronic Products — We believe that our understanding of the customer’s requirements, our product understanding capabilities, has allowed us to develop a comprehensive portfolio of necessary product range of consumer…
- Based on Restated Standalone Financial Statements
- Value proposition for customers — We operate our distribution network through Business to Business (B-to-B) and Business to Consumers (B-to-C) platform.
- Established After-Sales Service Network — We operate our After Sales Services through third party Service providers.
- Experienced Promoter and management team with proven execution capabilities and Skilled work force with contemporary… — Our management team is hand-picked with years of experience and knowledge with our Promoter and Managing Director, Mr.
Risk factors (as disclosed by the company)
- Our business operations rely significantly on the continuous and timely supply of products from top 5 and top 10 suppliers — Also, we do not have continuing and exclusive supply agreement with them.
- We depend on top 10 customers for a significant portion of our revenue from operations which contributed 67.75% — affect our Business, Results of Operations and Financial Condition.
- We generate 100% of our revenue from operations from domestic market of which major portion of sales from our operations is generated from certain… — Currently 100% of our revenue from operations are from domestic market of which major portion of sales from our operations is generated from certain geographical regions especially, Delhi, Uttar…
- In the past and in the current scenario — Our Company sources 100% of the products from domestic market and majority of the domestic purchases are from Delhi and Uttar Pradesh which totally contributed 99.15%, 95.87%, and 99.82% of our…
- A major proportion of our revenues are derived from products namely LED TVs and Electric Scooters which totally contributed 94.75% — serving both (B-to-B) and (B-to-C) customers within India.
- We have entered into and may enter into related party transactions in the future, however, there can be no assurance those such transactions — Our Company in the past years has entered into Related Party Transactions and may continue to do so in future also, which may affect our competitive edge.
- We have certain outstanding litigation against us, Directors, Promoter, KMP and SMP, Group Companies and Wholly Owned Subsidiary — A summary of outstanding matters set out below includes details of civil and criminal proceedings, tax proceedings, statutory and regulatory actions and other material pending litigation involving…
- There are certain delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions… — In the past, there have been some instances of delay filings with certain statutory authorities with certain provision of statutory regulations applicable to us which is certified pursuant to a…
From the DRHP (strengths pages 177–180, risk factors pages 30–43). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF)
Track this issue
- Wiscon Industries IPO GMP today and trend
- Wiscon Industries IPO subscription status, day by day
- Wiscon Industries IPO allotment status and how to check
Frequently asked questions
When does the Wiscon Industries IPO open and close?
The issue is scheduled for 27 – 29 Oct 2026.
What is the Wiscon Industries IPO price band?
The price band is ₹194 – ₹204 per share with a lot size of 600 shares.
How big is the Wiscon Industries IPO?
The total issue size is ₹110.00 Cr, of which ₹80.05 Cr is a fresh issue and ₹22 Cr an offer for sale.
When will Wiscon Industries list?
The tentative listing date is 3 Nov on the SME platform.
How do I apply for the Wiscon Industries IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Wiscon Industries · as filed with SEBI · bsesme.com
- Registrar allotment page, Maashitla Securities Pvt.Ltd. · allotment 30 Oct · maashitla.com
- BSE SME issues page · listing 3 Nov · bsesme.com
- Wiscon Industries company website · wiscon.in
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 22 Oct, 02:50 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Wiscon Industries IPO”, https://buyunlistedshares.com/ipo/wiscon-industries-ipo, as of 22 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 22 Oct 2026.
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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