Wiscon Industries SME IPO opens today; check price band and other key details

Wiscon Industries IPO opens for subscription on October 27, 2026, giving investors a three-day bidding window until October 29. The company aims to raise Rs 110 crore through the public issue, which comprises a fresh issue of 43.14 lakh shares worth Rs 88.01 crore and an offer for sale (OFS) of 10.78 lakh shares aggregating to Rs 22 crore.

The IPO price band has been fixed at Rs 194–204 per share, with a lot size of 600 shares. Retail investors must apply for at least two lots, or 1,200 shares, requiring an investment of Rs 2,44,800 at the upper end of the price band. For high-net-worth individuals (HNIs), the minimum application size is three lots, or 1,800 shares, amounting to Rs 3,67,200.

The allotment is expected to be finalised on October 30. The shares are tentatively scheduled to list on the BSE SME platform on November 3, 2026. Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue.


Wiscon Industries raised Rs 25.01 crore from anchor investors ahead of the IPO. The anchor investor bidding took place on October 26, 2026.

IPO objects of the issue

The company plans to utilise Rs 15.04 crore from the IPO proceeds to invest in its wholly owned subsidiary, Dalmia Technologies Limited, to finance the purchase of plant and machinery. Another Rs 35 crore will be invested in the subsidiary to meet its incremental working capital requirements.

Additionally, Rs 17 crore will be allocated towards the company's working capital requirements, while Rs 5.23 crore will be used to fund marketing and promotional activities. The remaining proceeds will be utilised for general corporate purposes and issue expenses. The total estimated IPO proceeds amount to Rs 72.26 crore.

About Wiscon Industries Ltd.

Incorporated in September 2022, Wiscon Industries Ltd. is a Delhi-based company engaged in the trading and supply of consumer electronics products across India. The company offers a range of products, including LED televisions, 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-to-business (B2B) customers and individual consumers (B2C). Its products are distributed through an offline network of dealers and distributors, as well as its own online platform, enabling it to reach customers across the country. Sales operations are managed by a dedicated team working from its registered office.

The company has reported significant revenue growth since its incorporation. Revenue from operations rose from Rs 321.45 lakh in FY24 to Rs 1,449.27 lakh in FY25, before increasing further to Rs 7,339.16 lakh in FY26, reflecting a substantial expansion in business operations over the three-year period. As of September 30, 2026, Wiscon Industries had 76 permanent employees supporting its operations.

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