Wiscon Industries is launching its ₹104.61 crore to ₹110 crore IPO on the BSE SME platform from 27 October to 29 October 2026, at a price band of ₹194 to ₹204 per share. The Wiscon Industries IPO Analysis 2026 examines the company's financial performance, business model, IPO structure, valuation, use of proceeds and key investment risks.
The Delhi-based consumer-electronics distributor reported standalone revenue of ₹196.87 crore and net profit of ₹20.41 crore in FY26, following a significant increase in business scale. However, its short operating history, heavy dependence on B2B sales, rising leverage, working-capital requirements and promoter offer for sale (OFS) warrant careful evaluation. At the upper price band, the post-issue price-to-earnings (P/E) ratio is approximately 18.24 to 19.19 times FY26 earnings, which is higher than the disclosed peer multiple for Cellecor Gadgets.
Table of Contents
- Wiscon Industries IPO Details
- Wiscon Industries IPO Dates and Timeline
- IPO Reservation and Allotment Structure
- Company Overview and Business Model
- Dalmia Technologies Acquisition and Expansion Plans
- Wiscon Industries IPO: Use of Proceeds
- Financial Performance and Growth Analysis
- Wiscon Industries IPO Valuation
- Promoter Shareholding and Offer for Sale
- Strengths of Wiscon Industries
- Key Risks of the Wiscon Industries IPO
- Wiscon Industries IPO GMP and Subscription Status
- How to Apply for the Wiscon Industries IPO
- Wiscon Industries IPO Review: Investor Verdict
The Wiscon Industries IPO combines a fresh issue of shares with an offer for sale by promoter Sidhant Dalmia. The fresh issue will provide capital to the company for working capital, manufacturing-related capital expenditure and marketing, while the OFS proceeds will go to the selling shareholder.
The following table summarises the key Wiscon Industries IPO details for investors.
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Particulars
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Details
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IPO opening date
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27 October 2026
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IPO closing date
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29 October 2026
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Price band
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₹194 to ₹204 per share
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Face value
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₹10 per share
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Total issue size
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₹104.61 crore to ₹110 crore
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Fresh issue
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43,14,000 shares, worth ₹83.69 crore to ₹88.01 crore
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Offer for sale
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10,78,200 shares, worth ₹20.92 crore to ₹22 crore
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Total shares offered
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53,92,200 shares
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Lot size
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600 shares
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Minimum retail application
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1,200 shares
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Minimum retail investment
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₹2,44,800 at the upper price band
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Listing platform
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BSE SME
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Promoter
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Sidhant Dalmia
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Book-running lead manager
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Smart Horizon Capital Advisors
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Registrar
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Maashitla Securities
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The fresh issue accounts for most of the IPO, but the OFS is an important distinction. Approximately ₹21 crore to ₹22 crore of the issue value will be received by the promoter selling shares rather than being raised for the company's business operations.
The IPO schedule determines when investors can submit applications, when the allotment process is expected to be completed and when trading is scheduled to begin on the BSE SME platform.
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IPO event
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Scheduled date
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Anchor investor bidding
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26 October 2026
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IPO opening
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27 October 2026
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IPO closing
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29 October 2026
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Basis of allotment
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30 October 2026
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Refund initiation and demat credit
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2 November 2026
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Expected listing
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3 November 2026
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These are the scheduled dates provided for the issue. Investors should check the final exchange and registrar announcements for any changes to the timetable.
Get all the latest updates on the Wiscon Industries IPO, including issue details, price band, valuation metrics and subscription trends to assess the offering.
The Wiscon Industries IPO has a net offer of 50,02,200 shares after excluding the market-maker portion. The allocation is divided among qualified institutional buyers (QIBs), non-institutional investors (NIIs) and retail individual investors.
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Investor category
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Reservation
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Qualified institutional buyers (QIBs)
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Up to 50% of the net offer
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Non-institutional investors (NIIs/HNIs)
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At least 15% of the net offer
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Retail individual investors
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At least 35% of the net offer
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Market maker
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3,90,000 shares
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Anchor investor bidding is scheduled for 26 October 2026, with 12,25,800 shares allocated to anchor investors. Half of the anchor allocation has a 30-day lock-in period ending on 30 November 2026. The remaining half has a 90-day lock-in period ending on 28 January 2027.
Subscription figures across QIB, NII and retail categories will help investors assess demand once bidding opens. However, subscription levels indicate application demand, not the company's future earnings or the likely long-term performance of its shares.
Wiscon Industries is a Delhi-based consumer-electronics trading and distribution company incorporated in September 2022. It sells products under its own Wiscon brand and distributes electric scooters sourced from third-party brands.
The company's product portfolio includes:
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LED televisions
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Air coolers
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Washing machines
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Air conditioners
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Electric scooters
Wiscon operates through both business-to-business (B2B) and business-to-consumer (B2C) channels. Its B2B operations rely on an offline network of dealers and distributors, while B2C sales are conducted through its own website. Installation and repair services are provided by third-party service providers.
Revenue concentration and distribution network
Wiscon's distribution network covered 22 states and three Union Territories as of FY26, with Delhi serving as its largest market. Despite this geographic reach, the business remains heavily dependent on dealer and institutional sales.
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Business metric
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Details
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B2B share of standalone FY26 revenue
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98.85%
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LED television revenue in FY26
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₹49.66 crore
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Electric scooter revenue in FY26
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₹19.88 crore
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Geographic presence
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22 states and 3 Union Territories
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Largest market
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Delhi
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Employee count as of 30 September 2026
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76
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B2B sales contributed 98.85% of standalone revenue in FY26. This indicates that Wiscon's performance depends largely on its dealer and distributor relationships rather than a diversified mix of direct consumer sales.
A broad geographic footprint can support expansion, but it does not automatically reduce customer concentration or credit risk. Investors should assess whether Wiscon can sustain sales growth while maintaining healthy collection periods and avoiding excessive dependence on a limited number of customers.
Wiscon acquired 100% of Dalmia Technologies in May 2025. Dalmia Technologies operates an LED television manufacturing facility in Okhla, Delhi, providing the group with backward-integration capabilities.
This acquisition is relevant because Wiscon's broader business involves distributing consumer electronics, while manufacturing capabilities can give it greater control over selected parts of the production process.
The IPO includes ₹15.04 crore for two Surface Mount Technology (SMT) production lines at Dalmia Technologies.
How backward integration could affect the business
The planned investment could help Wiscon improve supply control and potentially strengthen margins over time. However, the benefits are not automatic.
The outcome will depend on three main factors:
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Execution: Whether the production lines are installed and commissioned as planned.
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Capacity utilisation: Whether production volumes are sufficient to make effective use of the new equipment.
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Demand: Whether demand for Wiscon's products supports the additional manufacturing capacity.
The acquisition gives Wiscon access to manufacturing infrastructure, but investors should distinguish between having that capability and generating measurable financial benefits from it. Margin improvement and lower dependence on external suppliers will need to be demonstrated through subsequent results.
The fresh issue is intended to support Wiscon's working-capital requirements, manufacturing investment and promotional activities. Of the stated ₹72.26 crore earmarked for defined objects, the largest allocation is for working capital across Wiscon Industries and Dalmia Technologies.
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IPO object
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Amount
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Plant and machinery at Dalmia Technologies
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₹15.04 crore
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Working capital for Dalmia Technologies
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₹35 crore
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Working capital for Wiscon Industries
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₹17 crore
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Marketing and promotional activities
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₹5.23 crore
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General corporate purposes and issue expenses
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Balance
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The two working-capital allocations total ₹52 crore. This is a significant part of the planned deployment of funds and reflects the financing requirements of Wiscon's distribution-led business.
Why working capital matters for investors
Consumer-electronics distribution requires funds to support inventory purchases and customer credit. As sales increase, a company may need additional capital to maintain inventory and fulfil orders before collecting payments from customers.
The ₹52 crore working-capital allocation suggests that Wiscon expects continued funding requirements as its operations expand. This is not inherently negative, but it makes cash conversion an important part of the investment case.
Investors should monitor whether revenue growth translates into operating cash flow, whether receivables remain under control and whether inventory can be converted into sales without excessive discounting.
Wiscon Industries' financial performance shows a rapid increase in revenue and a shift from losses to profitability. However, the business is young, and its FY26 scale is substantially larger than in the preceding two financial years. This makes the sustainability of its growth and margins particularly important.
Wiscon Industries Q1 FY27 Financial Performance
Wiscon Industries reported revenue of ₹69.85 crore and a net profit of ₹7.89 crore in Q1 FY27, with a net profit margin of 11.30%.
| Financial metric |
Q1 FY27 |
| Revenue |
₹69.85 crore |
| Net profit/(loss) |
₹7.89 crore |
| Net profit margin |
11.30% |
| EBITDA margin |
Not provided |
| Return on capital employed (ROCE) |
Not provided |
| Debt-to-equity ratio |
Not provided |
Wiscon Industries FY26 Financial Performance
For a better understanding of the company's annual financial performance, the following table highlights its key financial indicators for FY26.
| Financial metric |
FY26 |
| Revenue |
₹196.87 crore |
| Net profit/(loss) |
₹20.41 crore |
| Net profit margin |
10.37% |
| EBITDA margin |
14.27% |
| Return on capital employed (ROCE) |
51.82% |
| Debt-to-equity ratio |
0.83 |
Wiscon Industries FY25 Financial Performance
The following table presents Wiscon Industries' financial performance for FY25, providing a comparison with its subsequent growth in FY26.
| Financial metric |
FY25 |
| Revenue |
₹14.49 crore |
| Net profit/(loss) |
₹1.25 crore |
| Net profit margin |
8.63% |
| EBITDA margin |
12.35% |
| Return on capital employed (ROCE) |
38.03% |
| Debt-to-equity ratio |
0.11 |
Wiscon Industries FY24 Financial Performance
The FY24 financial figures provide an earlier reference point for understanding the company's transition from losses to profitability.
| Financial metric |
FY24 |
| Revenue |
₹3.21 crore |
| Net profit/(loss) |
-₹1.36 crore |
| Net profit margin |
-42.37% |
| EBITDA margin |
-53.89% |
| Return on capital employed (ROCE) |
-658.97% |
| Debt-to-equity ratio |
-1.81 |
Note: The financial figures above are standalone figures as supplied. The negative FY24 debt-to-equity ratio should be interpreted cautiously because negative equity can make conventional leverage ratios difficult to compare.
What explains the reported growth?
Revenue increased from ₹14.49 crore in FY25 to ₹196.87 crore in FY26, accompanied by an improvement in profitability. This shows that Wiscon reached a substantially larger operating scale in FY26.
However, the increase should not automatically be treated as evidence of a stable long-term growth rate. Wiscon was incorporated only in September 2022, and its revenue base was very small in FY24 and FY25. Growth rates calculated from such a base can be exceptionally high and may not be repeatable.
The improvement in profitability is an important positive. Wiscon reported a 10.37% net profit margin and a 14.27% EBITDA margin in FY26. These figures indicate that the company generated profits at its expanded scale.
The next question is whether these margins can be maintained as the business grows. Competition, product discounts, logistics expenses and working-capital costs could influence future profitability.
Consolidated financial position
On a restated consolidated basis, Wiscon reported the following figures for FY26.
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Financial metric
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FY26
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Total income
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₹197.13 crore
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EBITDA
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₹28.09 crore
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Profit after tax
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₹20.41 crore
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Net worth
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₹30.61 crore
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Total assets
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₹90.75 crore
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These consolidated figures provide additional context for the group's financial position following the acquisition of Dalmia Technologies. They should be distinguished from the standalone revenue figures used in the operating performance table.
Rising leverage and capital efficiency
Wiscon's debt-to-equity ratio increased from 0.11 in FY25 to 0.83 in FY26. This indicates that leverage increased alongside the expansion in business scale.
The company also reported FY26 ROCE of 51.82% and return on net worth (RoNW) of 66.67%. These are strong reported return ratios, although the relatively small pre-IPO equity base can make such ratios appear elevated.
Investors should not assess the business solely on profitability and return ratios. The more complete picture will depend on how effectively Wiscon manages its borrowings, receivables, inventory and operating cash flows as revenue grows.
The Wiscon Industries IPO valuation is an important consideration because strong revenue growth does not necessarily mean that the shares are attractively priced. Investors need to compare the issue price with earnings, sales and the valuation of the company's disclosed peer.
At the price band of ₹194 to ₹204 per share, the disclosed pre-issue P/E is approximately 14.31 to 15.04 times FY26 earnings. The post-issue P/E rises to approximately 18.24 to 19.19 times, depending on the calculation basis disclosed in the offer documents.
Wiscon Industries Pre-IPO Valuation
The following table highlights Wiscon Industries' key valuation metrics before the IPO.
| Valuation metric |
Pre-IPO |
| FY26 EPS |
₹13.56 |
| P/E at ₹194 to ₹204 |
14.31 to 15.04 times |
| Price-to-sales ratio |
1.54 to 1.62 times |
| Net asset value (NAV) |
₹19.53 |
Wiscon Industries Post-IPO Valuation
The following table presents the company's valuation metrics after accounting for the fresh issue of shares.
| Valuation metric |
Post-IPO |
| FY26 EPS |
₹10.63 |
| P/E at ₹194 to ₹204 |
18.24 to 19.19 times |
| Price-to-sales ratio |
1.97 to 2.07 times |
| Net asset value (NAV) |
Not provided |
The post-issue figures reflect the larger share capital following the fresh issue. The post-issue EPS is lower than the pre-issue EPS because the number of shares increases.
Comparison with Cellecor Gadgets
The offer-document comparison identifies Cellecor Gadgets as Wiscon's disclosed peer. The comparison figures supplied for Cellecor Gadgets are a P/E of 15.89 times, RoNW of 19.35% and NAV of ₹9.27.
Wiscon's post-issue P/E of 18.24 to 19.19 times is higher than Cellecor Gadgets' disclosed P/E of 15.89 times.
Wiscon Industries Valuation Metrics
The following table highlights Wiscon Industries' key valuation and return metrics.
| Valuation measure |
Wiscon Industries |
| P/E ratio |
18.24 to 19.19 times post-issue |
| RoNW |
66.67% in FY26 |
| NAV |
₹19.53 pre-IPO |
Cellecor Gadgets Valuation Metrics
For comparison, the following table presents the valuation and return metrics of Cellecor Gadgets, Wiscon Industries' disclosed peer.
| Valuation measure |
Cellecor Gadgets |
| P/E ratio |
15.89 times |
| RoNW |
19.35% |
| NAV |
₹9.27 |
Source: Figures supplied from the IPO financial information and RHP-based peer comparison. Periods and calculation bases may differ, so the ratios should not be treated as a fully like-for-like valuation comparison.
Wiscon's reported RoNW is considerably higher, but it is also a much younger business with a short operating history and a smaller pre-IPO equity base. The difference in return ratios therefore does not, by itself, establish that Wiscon deserves a higher valuation.
The IPO is not obviously cheap on the basis of the disclosed peer P/E comparison. Investors must assess whether the company's growth, margin profile and manufacturing expansion can justify the premium.
Promoter ownership and the structure of the issue are relevant to understanding how the IPO changes Wiscon's capital base.
Before the IPO, promoter and promoter-group shareholders held 1,47,61,857 shares, representing 94.18% of the company. Other shareholders held 9,11,643 shares, or 5.82%.
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Shareholding metric
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Details
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Pre-IPO shares outstanding
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1,56,73,500
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Post-IPO shares outstanding
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1,99,87,500
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Pre-IPO promoter and promoter-group holding
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94.18%
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Pre-IPO other shareholder holding
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5.82%
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Shares offered through promoter OFS
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10,78,200
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OFS value
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₹20.92 crore to ₹22 crore
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Promoter Sidhant Dalmia is selling 10,78,200 shares through the OFS. The fresh issue increases the company's share capital, while the OFS transfers existing shares from the selling shareholder to investors.
A promoter sale is not automatically a negative signal. However, in a young company that is raising capital for working capital and manufacturing expansion, investors should distinguish between funds entering the business and proceeds going to an existing shareholder.
The proportion of promoter ownership after the issue should also be assessed alongside the company's future operating performance, governance disclosures and capital-allocation decisions.
Wiscon Industries has several positive operating and financial features, although each needs to be considered in the context of the company's short history.
1. Rapid revenue expansion
Standalone revenue rose from ₹3.21 crore in FY24 to ₹196.87 crore in FY26. This represents a substantial increase in business scale over two financial years.
The key question is whether Wiscon can maintain revenue growth without compromising margins, cash collection or balance-sheet strength.
2. Return to profitability
The company moved from a net loss of ₹1.36 crore in FY24 to a net profit of ₹20.41 crore in FY26. Its FY26 net profit margin was 10.37%.
This demonstrates that the expanded business generated accounting profits. Investors should now look for evidence that profitability can be supported by recurring operations and cash generation.
3. Backward integration through Dalmia Technologies
The acquisition of Dalmia Technologies provides access to an LED television manufacturing facility. The planned investment in two SMT production lines could strengthen production capabilities if the equipment is commissioned and utilised effectively.
4. Geographic distribution reach
Wiscon's presence across 22 states and three Union Territories gives it a distribution base beyond its largest market, Delhi.
The value of this network will depend on sales productivity, dealer relationships, collections and the company's ability to expand without disproportionately increasing operating costs.
5. Strong reported return ratios
FY26 ROCE was 51.82% and RoNW was 66.67%. These figures are positive indicators of reported capital efficiency, but investors should consider the effect of the company's relatively small equity base and monitor whether the ratios remain strong after the IPO.
The Wiscon Industries IPO carries meaningful business, financial and market-related risks. Its growth and profitability are encouraging, but they do not remove the challenges associated with a young, working-capital-intensive SME business.
1. Heavy dependence on B2B sales
B2B channels accounted for 98.85% of standalone revenue in FY26. This concentration makes dealer and distributor relationships central to the company's performance.
Any disruption in major customer relationships, deterioration in customer credit quality or delays in collections could affect revenue and cash flow.
2. Short operating history
Wiscon was incorporated in September 2022. Its sharp increase in revenue and profit has occurred over a relatively short period.
Investors have limited historical evidence with which to judge how the company might perform under slower demand, stronger competition or less favourable operating conditions.
3. High working-capital requirements
The company plans to allocate ₹52 crore of IPO proceeds to working capital. This is a substantial allocation relative to the total issue size.
Working-capital needs can increase as inventory and receivables rise. If customer payments are delayed or inventory moves slowly, the company may need additional borrowing to support operations.
4. Rising debt-to-equity ratio
Wiscon's debt-to-equity ratio increased from 0.11 in FY25 to 0.83 in FY26. While the ratio does not establish that the company faces immediate financial distress, it indicates that leverage has risen alongside growth.
Investors should track debt levels, interest costs and operating cash flow in subsequent reporting periods.
5. Promoter offer for sale
The OFS component is valued at ₹20.92 crore to ₹22 crore. These proceeds go to promoter Sidhant Dalmia rather than the company.
Although promoter selling is not inherently adverse, it reduces the proportion of the issue that represents fresh capital raised for the business.
6. SME listing and liquidity risks
The BSE SME platform has a different trading and liquidity profile from the mainboard market. Investors may face lower trading liquidity, wider price movements and greater difficulty exiting a position at a desired price.
The minimum retail investment of ₹2,44,800 at the upper price band is also a material amount to commit to a single SME IPO.
7. Competition in consumer electronics
Wiscon competes in a market that includes established consumer-electronics brands, organised retailers, e-commerce platforms and other businesses, including its disclosed listed peer Cellecor Gadgets.
Competitive pressure could affect pricing, marketing expenses and margins. The success of Wiscon's own-brand products and manufacturing investment will therefore be important to its future performance.
8. Execution risk in manufacturing expansion
The planned ₹15.04 crore investment in two SMT production lines may strengthen backward integration, but the financial benefit depends on commissioning, utilisation and product demand.
If the investment does not deliver sufficient production volumes or cost benefits, the expected improvement in operating efficiency may not materialise as anticipated.
The Wiscon Industries IPO GMP, or grey market premium, is an unofficial indicator that some investors use to gauge potential listing sentiment. However, it is not an exchange-regulated measure and cannot reliably predict listing performance.
As of 23 October 2026, no grey market premium had been quoted for the Wiscon Industries IPO, according to the supplied IPO Central information.
Wiscon Industries IPO GMP today
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Particulars
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Status
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IPO GMP as of 23 October 2026
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No premium quoted
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IPO opening date
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27 October 2026
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Subscription data
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To be monitored after bidding opens
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Expected listing date
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3 November 2026
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The GMP may change once the issue opens, but investors should not interpret an unofficial premium as evidence of the company's underlying value.
What should investors track during subscription?
Once bidding begins, investors can monitor:
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QIB subscription: Demand from qualified institutional buyers.
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NII subscription: Demand from non-institutional investors and high-net-worth individuals.
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Retail subscription: Participation from individual investors.
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Valuation: Whether the issue price is justified by earnings, margins and future growth prospects.
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Business fundamentals: The company's working-capital requirements, customer concentration and manufacturing expansion.
Subscription figures can provide information about demand for the issue, but they do not establish whether the shares are attractively valued over the long term.
Retail investors can apply through a participating broker using UPI or through the Application Supported by Blocked Amount (ASBA) facility offered by their bank.
The application must comply with the issue's lot-size requirements.
Minimum investment and lot size
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Application detail
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Amount or quantity
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Lot size
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600 shares
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Minimum retail application
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1,200 shares
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Minimum retail investment at ₹204
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₹2,44,800
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Minimum HNI application
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1,800 shares
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Minimum HNI investment at ₹204
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₹3,67,200
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The minimum retail application is two lots, or 1,200 shares. At the upper price band of ₹204 per share, this requires an application amount of ₹2,44,800.
The stated minimum HNI application is three lots, or 1,800 shares, costing ₹3,67,200 at the upper band.
Steps to apply
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Log in to a participating broker's IPO application facility or access ASBA through your bank.
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Select Wiscon Industries IPO.
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Enter the required number of lots, ensuring that the application meets the applicable category requirements.
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Submit the application using UPI or ASBA, as applicable.
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Complete the required mandate or bank authorisation process.
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Check the allotment status after the basis of allotment is finalised.
The registrar for the issue is Maashitla Securities. Investors can check allotment information through the registrar's website once the basis of allotment is published.
The scheduled allotment date is 30 October 2026, with refunds and demat credit scheduled for 2 November 2026. The expected listing date is 3 November 2026.
Planning to apply for the Wiscon Industries IPO? Apply online through Zerodha and submit your IPO application with ease.
The Wiscon Industries IPO is a high-growth, high-risk SME offering. Its main positives are the sharp increase in revenue, FY26 profitability, geographic distribution reach and the manufacturing capabilities added through the acquisition of Dalmia Technologies.
However, the company's short operating history makes it difficult to determine whether its recent growth and margins can be sustained. Its reliance on B2B sales, substantial working-capital requirements and increase in leverage are important considerations. The promoter OFS also means that part of the issue proceeds will go to the selling shareholder rather than the company.
Valuation is another factor. At the upper price band of ₹204, Wiscon's post-issue P/E is approximately 18.24 to 19.19 times FY26 earnings, above the disclosed 15.89-times P/E of Cellecor Gadgets. Although Wiscon reports higher return ratios, the difference does not automatically justify its valuation premium.
Who should consider the Wiscon Industries IPO?
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Investor profile
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Considerations
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Aggressive investors
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May evaluate a small, appropriately sized exposure after reviewing the RHP, valuation and subscription data.
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Conservative investors
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May prefer to wait for evidence of sustained profitability, cash generation and post-listing financial performance.
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Long-term investors
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Should focus on margin sustainability, working-capital management, manufacturing execution and the valuation paid.
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What investors should monitor after listing
The most useful indicators to track in subsequent quarters are:
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Revenue growth and whether it remains supported by demand rather than an unsustainable expansion in sales.
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Net profit and EBITDA margins as the business scales.
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Operating cash flow relative to reported profits.
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Inventory levels, receivables and the use of working-capital funding.
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Borrowings and interest costs.
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Progress on the two SMT production lines at Dalmia Technologies.
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Changes in promoter ownership and compliance with listing-related disclosures.
Overall assessment: Wiscon Industries has demonstrated rapid growth and a profitable FY26, but its investment case depends on converting that growth into sustainable earnings and cash flow. The IPO valuation, B2B concentration, working-capital intensity and SME liquidity risks deserve careful consideration. Investors should base their decisions on the offer documents and business fundamentals rather than relying on grey market sentiment or expectations of listing gains.
Want to compare Wiscon's valuation and financial performance with other SME listings across different sectors? Use this SME IPO dashboard to review issue prices, offer sizes and listing-related details.
Frequently Asked Questions
1. What is the Wiscon Industries IPO date?
The Wiscon Industries IPO opens on 27 October 2026 and closes on 29 October 2026. The allotment is scheduled for 30 October 2026, and the expected listing date on the BSE SME platform is 3 November 2026.
2. What is the Wiscon Industries IPO price and lot size?
The Wiscon Industries IPO price band is ₹194 to ₹204 per share, with a face value of ₹10 per share. The lot size is 600 shares, and the minimum retail application is 1,200 shares. At the upper price band, the minimum retail investment is ₹2,44,800.
3. What is the Wiscon Industries IPO size?
The Wiscon Industries IPO size is ₹104.61 crore to ₹110 crore. It comprises a fresh issue of 43,14,000 shares worth ₹83.69 crore to ₹88.01 crore and an offer for sale of 10,78,200 shares worth ₹20.92 crore to ₹22 crore by promoter Sidhant Dalmia.
4. What is the Wiscon Industries IPO GMP today?
As of 23 October 2026, no grey market premium had been quoted for the Wiscon Industries IPO in the supplied IPO Central information. GMP is unofficial and can fluctuate. It should not be treated as a reliable indicator of listing gains or long-term investment returns.
5. Is the Wiscon Industries IPO worth considering?
The Wiscon Industries IPO offers exposure to a rapidly growing consumer-electronics distribution business that reported FY26 revenue of ₹196.87 crore and net profit of ₹20.41 crore on a standalone basis. However, its short operating history, 98.85% B2B revenue contribution, ₹52 crore working-capital allocation, rising leverage and post-issue P/E of approximately 18.24 to 19.19 times warrant careful evaluation. Whether the IPO is suitable depends on an investor's risk tolerance, valuation assessment and investment horizon.
NOTE: This article is for educational purposes only and is not a recommendation to apply for, buy or sell Wiscon Industries shares