Wiscon Industries IPO Day 1: Subscribed 0.80x; QIB Demand at 2.00x
Key Highlights
Wiscon Industries IPO (₹85 crore SME IPO) was subscribed 0.80x on Day 1 of 3, with QIB at 2.00x. See category-wise subscription and day-wise bids.
Last updated: Tue, Oct 27, 2026, 5:00 PM IST · SME · · Day 1 of 3
- Wiscon Industries IPO subscribed 0.80x overall on Day 1
- Total bids: 33,43,800 shares against 41,66,400 shares on offer
- Category-wise: 2.00x, 0.34x, 0.28x
- Price band: ₹194 to ₹204 per share
- The issue closes on Thu, Oct 29, 2026
The Wiscon Industries IPO opened for subscription on day 1 of 3 trading days. The issue reached an overall subscription multiple of 0.80x as of Tue, Oct 27, 2026, 5:00 PM IST. The subscription multiple is the number of shares bid for divided by the number of shares offered. The qualified institutional buyers (QIB) category, which includes financial institutions like banks and mutual funds, recorded the highest interest at 2.00x.
Wiscon Industries IPO Status: Day 1
Day-wise subscription
| Day | Date | Total bids (shares) | Bid value at upper band (₹ crore) | Subscribed (x) |
|---|---|---|---|---|
| Day 1 | Tue, Oct 27, 2026 | 33,43,800 | 68.21 | 0.80x |
Category-wise subscription
| Category | Shares offered | Day 1 bids | Day 1 (x) |
|---|---|---|---|
| QIB | 12,25,800 | 24,51,000 | 2.00x |
| NII | 11,62,200 | 3,90,000 | 0.34x |
| of which corporate NII | — | 3,90,000 | — |
| Retail | 17,78,400 | 5,02,800 | 0.28x |
| Total | 41,66,400 | 33,43,800 | 0.80x |
Investors placed 33,43,800 bids against 41,66,400 shares offered on the first day. The QIB category bid for 24,51,000 shares, exceeding its quota. In contrast, the non-institutional investors (NII) category, which includes individuals bidding above ₹2 lakh, reached 0.34x. The retail category, consisting of individual investors bidding up to ₹2 lakh, stood at 0.28x.
Wiscon Industries IPO Offer Details
| Field | Value |
|---|---|
| IPO date | Tue, Oct 27, 2026 to Thu, Oct 29, 2026 |
| Listing date | To be announced |
| Face value | ₹10 per share |
| Price band | ₹194 to ₹204 per share |
| Lot size | 1,200 shares |
| Total issue size | 53,92,200 shares (₹85 crore) |
| Listing at | BSE |
| Lead managers | Smart Horizon Capital Advisors Pvt Ltd. |
| Maashitla Securities Pvt Ltd. |
About Wiscon Industries
Wiscon Industries Ltd. is a Delhi-based company engaged in supplying consumer electronic products. As per the DRHP, its portfolio includes LED TVs, air coolers, washing machines, and air conditioners, alongside third-party electric scooters. The company serves both business-to-business and business-to-consumer clients through an offline network and its website. It generates revenue primarily from product sales and after-sales services. Established in 2022, the company operates with a wholly-owned subsidiary, Dalmia Technologies Limited, which handles manufacturing activities such as the production and assembly of LED TVs.
Wiscon Industries Financial Highlights
| Metric | FY 2025-26 |
|---|---|
| from operations (₹ crore) | 1,968.75 |
| Total income (₹ crore) | 1,971.30 |
| Profit after tax (₹ crore) | 204.05 |
| Net worth (₹ crore) | 306.05 |
| Total borrowings (₹ crore) | 152.89 |
The company reported a margin of 10.36% in FY 2025-26. Its debt-to-equity ratio stood at 0.50x in FY 2025-26, based on borrowings of ₹152.89 crore and a net worth of ₹306.05 crore.
Objects of the Issue
| Purpose | Amount (₹ crore) |
|---|---|
| Investment in our WOS, Dalmia Technologies Limited for financing its | 15.04 |
| Investment in our WOS, Dalmia Technologies Limited for funding its | 35.00 |
| To meet Working Capital requirements | 17.00 |
| To Fund Marketing and Promotional Activities in our Company | 5.23 |
Risk Factors as per the DRHP
- The company faces significant concentration in purchases from its top 10 suppliers, which accounted for 99.33% of total purchases in fiscal 2026.
- Revenue is dependent on the top 10 customers, who contributed 67.75% of total revenue in fiscal 2026.
- The company is involved in litigation regarding taxation matters, which involves a total demand of ₹83.26 Lakhs.
How to Check Wiscon Industries IPO Subscription Status
Live bidding figures are published by BSE while the issue is open. Once it closes, allotment status is published by the registrar, Maashitla Securities Pvt Ltd..
This article is for information only and is not investment advice. Subscription figures are based on exchange data as of Tue, Oct 27, 2026, 5:00 PM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.