Wiscon Industries IPO 2026: GMP Today, Price Band, Subscription Status and Listing Date

Wiscon Industries IPO 2026: Latest Updated

Wiscon Industries Limited is launching its SME IPO on October 27, 2026. The issue will close on October 29, with a price band of ₹194 to ₹204 per share. The company aims to raise up to ₹110 crore to support manufacturing expansion, working capital and marketing activities.

The IPO includes a fresh issue of 43.14 lakh shares and an offer for sale (OFS) of 10.78 lakh shares by promoter Sidhant Dalmia. The shares are scheduled to list on the BSE SME platform on November 3, 2026.

Wiscon Industries supplies consumer electronics and home appliances under its Wiscon brand. Its product portfolio includes LED televisions, air coolers, washing machines and air conditioners. The company also sells electric scooters under third-party brands.

Wiscon Industries IPO Details

Important: Although one lot contains 600 shares, the minimum retail application is reported as two lots, or 1,200 shares. At ₹204 per share, this requires ₹2,44,800. Investors should verify the final application categories and lot rules in the official offer documents.

Wiscon Industries IPO GMP Today

The grey market premium (GMP) is an unofficial indicator of sentiment towards an IPO before its stock-market listing.

As of October 26, 2026, a reliable current GMP quotation for Wiscon Industries was not available in the sources reviewed.

Investors should avoid relying on unverified social media claims about GMP. Grey market prices can change quickly and do not guarantee the listing price or a profit.

Wiscon Industries IPO Subscription Status

The public issue is scheduled to open on October 27, 2026. As of October 26, public bidding has not started, so subscription figures are not yet available.

Once the issue opens, investors can monitor demand across the following categories:

• Qualified Institutional Buyers (QIBs): Institutional investors participating under the applicable allocation rules.

• Non-Institutional Investors (NIIs): Investors applying under the non-institutional category.

• Retail Individual Investors: Eligible individual applicants under the retail category.

Subscription levels may help assess investor demand, but they should be considered alongside the company's financial performance, valuation and business risks.

About Wiscon Industries Limited

Wiscon Industries Limited was incorporated in September 2022 and is based in New Delhi. The company supplies consumer electronic products and home appliances to business-to-business (B2B) and business-to-consumer (B2C) customers across India.

Its products include LED televisions, air coolers, washing machines and air conditioners. The company also has an electric scooter business through third-party brands.

In May 2025, Wiscon Industries acquired Dalmia Technologies, bringing television manufacturing capabilities into its group. The subsidiary operates a manufacturing facility in Okhla, Delhi. The company plans to invest in surface-mount technology (SMT) production lines to strengthen manufacturing capabilities and reduce dependence on external suppliers.

The B2B segment contributed approximately 99% of revenue in FY2026, making business relationships, distribution networks and the ability to manage large customer orders important to the company's performance.

Wiscon Industries IPO Financial Performance

Wiscon Industries has reported substantial revenue growth, particularly in FY2026, following a relatively small operating base in earlier years.

For the quarter ended June 2026, the company reported revenue of approximately ₹69.85 crore and net profit of ₹7.89 crore.

The sharp increase in FY2026 revenue reflects the company's expanded business operations. However, investors should review the audited financial statements carefully, particularly because the historical revenue base was small and the business has undergone expansion.

Cash flow, working capital requirements, customer concentration and the sustainability of recent profit growth are important factors to evaluate before investing.

Objectives of the Wiscon Industries IPO

The company plans to use the net proceeds from the fresh issue for several business requirements.

Investment in Dalmia Technologies: Approximately ₹15.04 crore is earmarked for plant and machinery, including planned SMT production lines.

Subsidiary working capital: Around ₹35 crore is intended to fund incremental working capital requirements at Dalmia Technologies.

Company working capital: Approximately ₹17 crore will support the company's own working capital needs.

Marketing and promotions: Around ₹5.23 crore is allocated to marketing and promotional activities.

General corporate purposes: The remaining eligible proceeds will support general business requirements and other permitted expenses.

The OFS component will allow promoter Sidhant Dalmia to sell part of his holding. Proceeds from the OFS will go to the selling shareholder rather than to the company.

Growth Opportunities for Wiscon Industries

Growing demand for consumer electronics: Demand for televisions, air conditioners, washing machines and other appliances may provide opportunities for expansion.

Manufacturing integration: Investment in production equipment through Dalmia Technologies could improve control over manufacturing and reduce dependence on third-party suppliers.

Distribution network: The company reported a distribution presence across 22 states and three Union Territories in FY2026, offering access to a broad domestic market.

Product portfolio: Its presence in multiple appliance categories may help it serve different consumer and business requirements.

Marketing investment: Planned promotional spending could help improve brand visibility and customer reach, although the results will depend on execution and market competition.

These opportunities are not guaranteed to translate into higher profits. The company will need to manage inventory, supplier relationships, costs and customer demand effectively.

Risks of Investing in Wiscon Industries IPO

Before applying, investors should consider the following risks:

• Short operating history: The company was incorporated in 2022, so investors have a limited period of historical financial performance to assess.

• Rapid revenue expansion: The sharp increase in FY2026 revenue should be examined alongside the company's acquisition and changes in business scale.

• Working capital pressure: Consumer electronics distribution and manufacturing can require significant funding for inventory and customer credit.

• B2B customer dependence: The B2B segment accounted for approximately 99% of FY2026 revenue, making customer relationships and payment cycles important.

• Competition: The company faces established appliance brands, distributors and other electronics suppliers.

• Manufacturing execution: Planned investment in production lines carries equipment, implementation and utilisation risks.

• Profit and cash-flow sustainability: Investors should assess whether reported profits translate into operating cash flow and remain sustainable as the company expands.

• SME share liquidity: Shares listed on the SME platform may experience greater price volatility and lower liquidity than large-cap stocks.

Investors should review the Red Herring Prospectus and its risk disclosures before making an investment decision.

Wiscon Industries IPO Important Dates

The dates are based on the reported IPO schedule and may be subject to official updates.

Wiscon Industries IPO: Final Overview

Wiscon Industries IPO is a ₹110 crore SME offering that aims to fund manufacturing investment, working capital and marketing activities. The company has expanded its consumer electronics business and reported FY2026 revenue of ₹196.87 crore and net profit of ₹20.41 crore.

The planned investment in Dalmia Technologies could support greater manufacturing integration. However, the company's short operating history, rapid business expansion, working capital needs and reliance on B2B sales deserve careful consideration.

As of October 26, a reliable current GMP quotation was not available. Investors should not treat an unverified grey market premium as a forecast of listing returns. Reviewing the valuation, offer documents and financial risks is essential before applying.