Wiscon Industries IPO
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Wiscon Industries IPO details
Schedule of Wiscon Industries
| Issue open date | 27 Oct 2026 |
| Issue close date | 29 Oct 2026 |
| UPI mandate deadline | 29 Oct 2026 (5 PM) |
| Allotment finalization | 30 Oct 2026 |
| Refund initiation | 02 Nov 2026 |
| Share credit | 02 Nov 2026 |
| Listing date | 03 Nov 2026 |
| Mandate end date | 13 Nov 2026 |
| Lock-in end date for anchor investors (50%) | 28 Nov 2026 |
| Lock-in end date for anchor investors (remaining) | 27 Jan 2027 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Wiscon Industries
Wiscon Industries is a Delhi-based company primarily engaged in the trading and distribution of a comprehensive range of consumer electronic products. The company’s core product portfolio includes LED televisions, air coolers, washing machines, and air conditioners, which are marketed and supplied under its flagship brand, Wiscon. In addition to its proprietary brand offerings, the company generates revenue by selling electric scooters under a third-party brand. Wiscon Industries operates a flexible warehouse-based logistics model to supply its products to both business-to-business and business-to-consumer customers across India. While the company largely procures its electronic products from domestic third-party manufacturers, it has recently acquired Dalmia Technologies, making it a wholly owned subsidiary. This subsidiary serves as a specialized original equipment manufacturer dedicated to the production of LED televisions, supporting both the company’s internal supply requirements and external independent traders in the market.
Financials of Wiscon Industries
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 110 |
| Fresh Issue – Proceeds go to the company | 88.01 |
| Offer for sale – Proceeds go to the existing investors |
22 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Investment in WOS for capital expenditure towards plant and machinery |
15.04 (17.09%) |
| Investment in WOS for funding its incremental working capital requirements | 35 (39.77%) |
| To meet working capital requirements of the company | 17 (19.32%) |
| To fund marketing and promotional activities | 5.23 (5.94%) |
| General corporate purposes | 15.74 (17.88%) |
Strengths
- Diverse product portfolio: LED TVs, coolers, washing machines, and ACs.
- Dedicated LED TV OEM subsidiary, Dalmia Technologies.
- Flexible and efficient warehouse-based distribution model.
- Holds ISO 9001:2015 and Bureau of Energy Efficiency (BEE) certifications.
- Cost-effective and strategic domestic product sourcing.
Risks
- Top 10 suppliers account for 99.77% of recent purchases.
- Top 10 customers drive 63.36% of recent revenues.
- Sales are heavily concentrated in Delhi, Uttar Pradesh, and Haryana.
- LED TVs and electric scooters generate 92.66% of total revenues.
- The company reported negative cash flows and a net loss in fiscal 2024