About Wiscon Industries Ltd IPO
The Wiscon Industries IPO is a book-built issue of Rs 110 crores, comprising a fresh issue of 43.14 lakh equity shares worth Rs 88.01 crores and an offer for sale (OFS) of 10.78 lakh equity shares worth Rs 22.00 crores. The Wiscon Industries IPO subscription opens on October 27, 2026, and closes on October 29, 2026, with the basis of allotment expected to be finalised on October 30, 2026. The Wiscon Industries IPO shares are scheduled to list on the BSE SME platform, with a tentative listing date of November 3, 2026.
The Wiscon Industries IPO price band is set at Rs 194 to Rs 204 per share, with a minimum lot size of 600 shares. Smart Horizon Capital Advisors Private Limited is the book-running lead manager, while Maashitla Securities Private Limited is the registrar to the issue. Shreni Shares Limited is the market maker for the IPO. For detailed information, investors can refer to the official Wiscon Industries Limited IPO Red Herring Prospectus (RHP).
About Wiscon Industries Limited
Wiscon Industries Limited is a Delhi-based company established in 2022, engaged in supplying a wide range of consumer electronic products under its flagship brand, “Wiscon.” Its product portfolio includes LED TVs, air coolers, washing machines and air conditioners. The company also sells electric scooters under third-party brands.
The company serves both business-to-business (B2B) and business-to-consumer (B2C) customers across India. It reaches B2B customers through its offline network and B2C customers through its website. With a focus on affordability, quality and convenience, the company aims to meet the everyday needs of its customers.
Wiscon Industries has a presence across 22 states and 3 Union Territories in India. It also provides after-sales services, including installation and repairs, through third-party service providers. These services are offered free of charge for products covered under warranty, while charges apply to products outside the warranty period.
In 2025, the company acquired a 100% stake in Dalmia Technologies Limited, a subsidiary engaged in the manufacturing and trading of LED TVs and other electronic products. This acquisition is expected to support the company's growth and manufacturing capabilities. Dalmia Technologies Limited also plans to strengthen backward integration by installing two Surface Mount Technology (SMT) production lines for assembling printed circuit boards.
For the financial year 2025-26, Wiscon Industries reported standalone revenue from operations of Rs 7,339.16 lakhs, compared with Rs 1,449.27 lakhs in FY 2024-25 and Rs 321.45 lakhs in FY 2023-24. On a consolidated basis, revenue from operations stood at Rs 19,687.46 lakhs in FY 2025–26.
As of September 30, 2026, Wiscon Industries employed 76 permanent staff members to support its business operations.
The Wiscon Industries IPO is a book-built issue of Rs 110 crores, comprising a fresh issue of 43.14 lakh equity shares worth Rs 88.01 crores and an offer for sale (OFS) of 10.78 lakh equity shares worth Rs 22.00 crores. The Wiscon Industries IPO subscription opens on October 27, 2026, and closes on October 29, 2026, with the basis of allotment expected to be finalised on Octobe
Wiscon Industries IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.01% | 26,42,717.22 crores |
| Non-Institutional Investors (NIIs) | 15.44% | 8,32,555.68 crores |
| Retail Individual Investors (RIIs) | 35.55% | 19,16,927.1 crores |
Wiscon Industries IPO Strengths & Weaknesses
Wide Range of Consumer Electronic Products: Offers LED TVs, air coolers, washing machines and air conditioners under its flagship brand, “Wiscon,” along with electric scooters under third-party brands.
Customer-Focused Value Proposition: Serves both B2B and B2C customers through an offline distribution network and its website, focusing on affordability, quality and convenience.
Established After-Sales Service Network: Provides installation, repair and customer support services through third-party service providers.
Experienced Promoter and Management Team: Led by Promoter and Managing Director Mr. Sidhant Dalmia, who has approximately 7 years of industry experience.
Geographical Concentration of Sales: Significant revenue dependence on Delhi, Uttar Pradesh and Haryana exposes the company to regional risks.
Concentration of Suppliers: Reliance on domestic suppliers, mainly from Delhi and Uttar Pradesh, creates procurement risks.
Dependence on Key Products: Heavy reliance on LED TVs and electric scooters makes revenue vulnerable to declining demand.
Dependence on Leased Properties: The company relies on leased offices and warehouses, and termination of agreements could disrupt operations.
Wiscon Industries IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 30 Oct '26 | 03 Nov '26 | 02 Nov '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 53,92,200 shares (aggregating up to To be announced) |
| Fresh Issue | 3,92,400 shares (aggregating up to ₹39,24,000 crores) |
| Offer for Sale | 1,07,820 shares of ₹10 (aggregating up to ₹10,78,200 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 94.18 shares |
| Post-Issue Shareholding | 68.46 shares |
Wiscon Industries IPO Lot Size and Investment Details
| Minimum Lot Size | 600 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Wiscon Industries ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Wiscon Industries IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Wiscon Industries IPO Contact & Registrar Details
Contact Details
Address
C 64 Dda Shed Okhla Ind Area New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Wiscon Industries Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Smart Horizon Capital Advisors Pvt Ltd |



