Wiscon Industries IPO
WISCON

₹1,22,400 / 2 lots

RHP/DRHP

Issue Date

27 Oct - 29 Oct'26

Price Band

₹194 - ₹204

Lot Size

600 Shares

IPO Size

₹110 Cr

Listing At

BSE

Overall Subscription

--x

Schedule of Wiscon Industries IPO

IPO Open Date

27/10/2026

IPO Close Date

29/10/2026

Basis of Allotment

30/10/2026

Refund Initiation

02/11/2026

Credit of Shares

02/11/2026

Listing on exchange

03/11/2026

Wiscon Industries IPO, an SME IPO, opens on October 27, 2026 and closes on October 29, 2026. The allotment of shares will take place on October 30, 2026. The listing of shares will take place on November 3, 2026 on the BSE SME platform.

Wiscon Industries IPO's price band is set at ₹194 to ₹204 per share. The lot size for an application is 600 shares. The minimum amount of investment required by a retail individual investor is ₹2,44,800 (1,200 shares) based on the upper price. The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹3,67,200.

The offer consists of a fresh issue and an offer for sale component. The fresh issue will include 0.43 crore shares aggregating to ₹88.01 crore. The offer for sale issue will include 0.11 crore shares aggregating to ₹22.00 crore.

Wiscon Industries is engaged in supplying a comprehensive range of consumer electronic products. Its product portfolio includes LED TVs, Air Coolers, Washing Machines and Air Conditioners. The company markets its products under its flagship brand, ‘Wiscon,’ serving both (B-to-B) and (B-to-C) customers within India.

  1. Investment in its WOS, Dalmia Technologies Limited for financing its capital expenditure towards purchase of plant and machinery.
  2. Investment in its WOS, Dalmia Technologies Limited for funding its incremental working capital requirements.
  3. To meet working capital requirements of the company.
  4. To fund marketing and promotional activities in the company.
  5. General corporate purposes.

Monday, October 26, 2026

Wiscon Industries is engaged in supplying a comprehensive range of consumer electronic products. Its product portfolio includes LED TVs, Air Coolers, Washing Machines and Air Conditioners. Its products are marketed under its flagship brand, “Wiscon,” serving both (B-to-B) and (B-to-C) customers within India. They are a Delhi-based company specializing in a wide range of consumer electronic products. Further, they also sell Electric Scooters in the name of a third-party brand. The company operates its customer network through Business to Business (B-to-B) and Business to Consumers (B-to-C) platforms. In the Business to Business (B-to-B) network, it operates through its offline network of customers and in the Business to Consumers (B-to-C) platform, it operates through its website.

Notes

  1. All financial figures are in ₹ crore.
  2. Figures in () indicate negative values.
  3. FY26 figures are on a consolidated basis, while FY25 and FY24 figures are on a standalone basis.
  1. Wide range of imperative consumer electronic products.
  2. Offer value proposition for customers.
  3. Established after-sales service network.
  4. Experienced promoter and management team with proven execution capabilities and skilled work force with contemporary capabilities.
  1. The business operations rely significantly on the continuous and timely supply of products from top 5 and top 10 suppliers.
  2. The company depends on top 10 customers for a significant portion of their revenue from operations.
  3. The company generates 100% of its revenue from operations from the domestic market of which a major portion of sales from its operations is generated from certain geographical regions especially, Delhi, Uttar Pradesh and Haryana.
  4. A major proportion of its revenues are derived from products namely LED TVs and Electric Scooters.
  5. The company has entered into and may enter into related party transactions in the future.

Notes

  1. All financial figures are in ₹ crore.
  2. Figures in () indicate negative values.
  3. FY26 figures are on a consolidated basis, while FY25 and FY24 figures are on a standalone basis.

Notes

  1. All financial figures are in ₹ crore.
  2. Figures in () indicate negative values.
  3. FY26 figures are on a consolidated basis, while FY25 and FY24 figures are on a standalone basis.

The company earns its revenue through supplying a comprehensive range of consumer electronic products, serving both (B-to-B) and (B-to-C) customers within India.

As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹197.13 crore, ₹20.40 crore, and ₹28.09 crore, respectively. (Consolidated)

Wiscon Industries' Total Income for FY 25 was ₹14.51 crore, whereas in FY24 it was ₹3.22 crore. The Profit After Tax for FY 25 was ₹1.25 crore, whereas in FY 24 it was ₹(1.36) crore. Their EBITDA for FY 25 was ₹1.79 crore, whereas in FY 24 it was ₹(1.73) crore. (Standalone)

The company has PAN India presence, with a clientele base in 22 states and 3 Union territories for its domestic market based on sales made on the basis of Restated Standalone Financial Statements for the financial year ended March 31, 2026. As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹197.13 crore, ₹20.40 crore, and ₹28.09 crore, respectively.

The demand for consumer durables in India is rising steadily, driven by higher disposable incomes, rapid technological innovation, and changing lifestyles. This surge in demand has intensified competition among domestic and international brands, with India now seen as one of the most important growth markets for multinational corporations. The white goods segment is showing particularly strong momentum. Within this, refrigerators, washing machines, and air conditioners alone contributed revenues of ₹1,06,208 crore, ₹43,552 crore, and ₹65,598 crore, respectively, in August 2025. India’s household appliances market was valued at ₹1.98 lakh crore in 2024 and is projected to reach ₹3.03 lakh crore by 2030, growing at a CAGR of 7.2% between 2025 and 2030.

Registrar Details
Maashitla Securities Pvt.Ltd.
Phone: 011-45121795
Email: investor.ipo@maashitla.com

Book Running Lead Manager
Smart Horizon Capital Advisors Pvt.Ltd.

C 64, DDA Shed, Okhla Ind Area, PH 1, South Delhi, New Delhi, 110020
Phone: 9315848377
Email: investor.relations@wiscon.in

  1. Log in to your Kotak Neo account on the app/web and go to the "IPO" section.
  2. Select the IPO to review details such as the price band and issue size.
  3. Tap "Apply for IPO", select your category, and enter lots and bid price or choose the cut-off option.
  4. Enter your valid UPI ID or choose ASBA to block funds in your linked bank account.
  5. Submit the application and approve the mandate request sent to your UPI app to block funds.

The Wiscon Industries IPO opens for subscription from 27-10-2026 to 29-10-2026, with a total issue size of ₹110 Cr. The IPO price band is ₹194 to ₹204 per share with a lot size of 1200. The company aims to list the shares on BSE & NSE on 03-11-2026.

The Wiscon Industries IPO will open for subscription on 27-10-2026 and will close on 29-10-2026 for investors.

The lot size of Wiscon Industries IPO is 1200 equity shares, requiring a minimum investment of ₹122400/2 Lots for retail investors applying in the IPO.

The price band of the Wiscon Industries IPO has been fixed at ₹194 to ₹204 per equity share.

You can apply for the Wiscon Industries IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Wiscon Industries IPO allotment will take place on 30-10-2026.

You can check the Wiscon Industries IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Wiscon Industries shares will list on the stock exchanges on 03-11-2026.

You can find detailed information about the Wiscon Industries IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Neo Research Team, nor is it a report published by the Kotak Neo Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.