Wiscon Industries IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: October 24, 2026

Wiscon Industries Limited, an emerging player in the Indian consumer electronics and home appliances sector incorporated in 2022, is gearing up to make its primary market debut with an upcoming ₹110.00 Crore SME IPO. Operating as a diversified electronics manufacturer, the business focuses on supplying high-quality LED TVs, air coolers, washing machines, and air conditioners. The company actively caters to a vast domestic consumer base through its flagship brand “Wiscon” for both B2B and B2C markets, while also extending its portfolio to distribute electric scooters under third-party brands. The subscription window for this book-built issue opens on October 27, 2026, and closes on October 29, 2026. The price band is set between ₹194 to ₹204 per equity share. The ₹110.00 Crore offering is structured as a combination of an ₹88.01 Crore Fresh Issue (approx. 43.14 Lakh shares) and an Offer for Sale (OFS) of ₹22.00 Crore (approx. 10.78 Lakh shares) by existing selling shareholders. Retail investors must apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,44,800 at the upper price band. The company plans to utilize the fresh capital primarily to fund capital expenditure for plant and machinery through its subsidiary Dalmia Technologies Limited, support incremental working capital requirements, and aggressively boost marketing and promotional initiatives. Set to list on the BSE SME platform, market participants are closely watching this fast-growing consumer electronics enterprise, backed by a robust FY26 total revenue of ₹197.13 Crore and a strong net profit of ₹20.41 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Wiscon Industries Limited, incorporated in September 2022 and headquartered in Delhi, operates as a fast-growing consumer electronics trading, manufacturing, and distribution company. The company is actively transitioning from a wholesale distribution model to a vertically integrated electronics manufacturer.

The core operations of Wiscon Industries are defined by the following key pillars:

• Proprietary Consumer Electronics: The company supplies a wide range of affordable home appliances under its own in-house "Wiscon" brand. The product portfolio includes LED televisions, washing machines, air coolers, and air conditioners tailored for the value-conscious Indian consumer.
• Electric Vehicle (EV) Distribution: Alongside its core electronics business, Wiscon engages in the third-party merchant trading and distribution of electric two-wheelers (scooters) across local markets.
• Extensive B2B Distribution Network: The company relies heavily on a high-turnover wholesale distribution model. As of FY26, its offline B2B network spanned over 22 states and 3 Union Territories, utilizing local commercial distributors and dealers to capture mass-market demand, particularly across northern India. It also maintains a B2C presence via its proprietary e-commerce website.
• Strategic Backward Integration: To reduce reliance on third-party outsourced assembly, Wiscon recently acquired a wholly-owned subsidiary, Dalmia Technologies Limited. This acquisition provides the company with a dedicated LED TV manufacturing facility, allowing them to shift towards in-house, asset-heavy sub-assembly and improve long-term operating margins.

Unlike a pure Offer for Sale, Wiscon Industries is raising substantial fresh capital to fuel its manufacturing and operational scale. Based on the estimated net proceeds of ₹72.26 Crore from the fresh issue, the funds will be strictly utilized for the following core objectives:

• Subsidiary Working Capital (₹35.00 Crore): The largest portion of the funds will be invested in the wholly-owned subsidiary (WOS), Dalmia Technologies Limited, specifically to fund its heavy incremental working capital requirements.
• Parent Company Working Capital (₹17.00 Crore): A dedicated portion is allocated directly to meet the daily working capital requirements of the parent company, Wiscon Industries.
• Capital Expenditure for Subsidiary (₹15.04 Crore): Investment in the WOS, Dalmia Technologies Limited, for financing critical capital expenditure towards the purchase of new Plant and Machinery.
• Marketing and Promotions (₹5.23 Crore): Funds are earmarked to aggressively fund marketing, brand building, and promotional activities for the company across its target demographics.
• General Corporate Purposes & Issue Expenses: The remaining balance of the net proceeds will cover standard general corporate purposes and the expenses associated with the IPO.