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Wiscon Industries IPO

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WISCON · · BSE SME

Checked · GMP unchanged since

Wiscon Industries IPO Details

RegistrarMaashitla Securities Private Limited
Lead managersSmart Horizon Capital Advisors Private Limited
Offer documentDraft (DRHP)
Fresh issue₹88.01 Cr
Offer for sale₹21.99 Cr

Wiscon Industries Financials ₹ in crore

Revenue CAGR+1258.7%2025 → 2026 · 1 yr
05010015020020252026
₹ crore20252026
Revenue₹14.49₹196.87

Wiscon Industries IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹204
Individual investor (min)minimum application1,200₹2,44,800

The minimum application is 1,200 shares, ₹2,44,800 at the ₹204 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

Wiscon Industries IPO Strengths & Risks as disclosed in the offer document

▲ Strengths (4)
Wide Range of imperative Consumer Electronic Products
Total Revenue from Operations (A+B) 321.45
Value proposition for customers
Established After-Sales Service Network
▼ Risk factors (5)
We have entered into and may enter into related party transactions in the future, however, there can be no assurance those such transactions, individually or taken together, will not have any adverse effect on our business, prospects, results of operations and financial condition
We have certain outstanding litigation against us, Directors, Promoter, KMP and SMP, Group Companies and Wholly Owned Subsidiary, an adverse outcome of which may adversely affect our business, reputation and results of operations
There are certain delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for such delay filings with provisions of corporate or any other law could impact the financial position of the Company to that extent
There are certain discrepancies and non-compliances noticed in some of our financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities which may affect our revenue from operations
Our Registered Office, Warehouse Facilities and Additional Places Of Businessare not owned by us.In the event of any disruption of our rights as lessee/licensee or termination of the agreements with our lessors/licensors, our Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected

How to check Wiscon Industries IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Wiscon Industries, the registrar is Maashitla Securities Private Limited — allotment is finalised in the days between the issue closing on 29 Oct 2026 and listing on 03 Nov 2026.

RegistrarMaashitla Securities Private Limited
You will needPAN, application number or demat ID
Issue closes29 Oct 2026
Listing date03 Nov 2026
Issue opens
Tue, 27 Oct 2026
First day to bid
Issue closes
Thu, 29 Oct 2026
Last day to bid
Allotment finalisedTentative
Fri, 30 Oct 2026
By Maashitla Securities; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Mon, 02 Nov 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Tue, 03 Nov 2026
BSE SME · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: Maashitla. Your bank will also show the blocked amount released if shares were not allotted.

Wiscon Industries IPO FAQs

GMP

What is Wiscon Industries IPO GMP today?

The grey market premium reported for the Wiscon Industries IPO is ₹0 as of 29 Oct, 4:00 pm — no premium over the ₹204 upper band. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Wiscon Industries IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Wiscon Industries IPO GMP updated on alphave?

The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How many times is Wiscon Industries IPO subscribed?

The Wiscon Industries IPO was subscribed 1.15× overall as of 29 Oct, 5:52 pm: QIB 2.24×, non-institutional 0.75× and individual investors 0.66×. Figures are BSE's own category-wise book.

What is the Wiscon Industries IPO retail subscription status?

The individual investors' portion was subscribed 0.66× as of 29 Oct, 5:52 pm. In SME issues this category replaced retail in July 2025: individual investors applying for two lots worth more than ₹2,00,000.

How do I check Wiscon Industries IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and individual investor demand, plus one row per day so the build-up over the issue can be compared.

How was Wiscon Industries IPO subscribed day by day?

Overall subscription at the last reading of each bidding day: day 1 (27 October 2026): 0.92×, day 2 (28 October 2026): 0.86×, day 3 (29 October 2026): 1.15×. The day-wise table on this page breaks each day into QIB, non-institutional and individual investors.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.

Allotment

When is Wiscon Industries IPO allotment date?

Allotment for the Wiscon Industries IPO is scheduled for 30 October 2026, the trading day after bidding closes on 29 October 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 2 November 2026 and the shares list on 3 November 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Wiscon Industries IPO allotment status?

Check it on the registrar's IPO allotment page: Maashitla Securities Private Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.

Who is the registrar of Wiscon Industries IPO?

The registrar to the Wiscon Industries IPO is Maashitla Securities Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Wiscon Industries IPO open and close?

Bidding for the Wiscon Industries IPO opens on 27 October 2026 and closes on 29 October 2026. On the last day, SME bidding closes at 4:00 pm and UPI mandates can be accepted until 5:00 pm. Brokers may stop taking bids somewhat earlier.

What is the Wiscon Industries IPO listing date?

The shares are scheduled to list on 3 November 2026 on BSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Wiscon Industries IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 27 October 2026 and 29 October 2026. The amount is only blocked, not debited, until allotment. SME bids name a price within the band — the cut-off option is not available for SME issues — and individual investors apply for two lots (1,200 shares); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Wiscon Industries IPO?

29 October 2026 is the last day of bidding; for an SME issue, bidding closes at 4:00 pm that day. Allotment is scheduled for 30 October 2026, refunds and demat credit for 2 November 2026, and listing for 3 November 2026 — tentative until confirmed.

Price & Lot

What is the price band of Wiscon Industries IPO?

The Wiscon Industries IPO price band is ₹194 to ₹204 per share. SME bids name a price within the band; the cut-off option is not available for SME issues.

What is the lot size of Wiscon Industries IPO?

The minimum application is 1,200 shares — two lots — which costs ₹2,44,800 at the ₹204 upper price. Individual investors apply for exactly this minimum; applications above two lots are non-institutional.

What is the minimum investment in Wiscon Industries IPO?

₹2,44,800 — the minimum application of 1,200 shares (two lots) at ₹204. Only applications above two lots are non-institutional.

Is Wiscon Industries IPO a mainboard or SME issue, and on which exchange?

Wiscon Industries is an SME issue listing on BSE SME. SME issues need a minimum application above ₹2,00,000 and trade on the exchange's SME platform after listing. Smart Horizon Capital Advisors Private Limited is a lead manager to the issue.

What is the issue size of Wiscon Industries IPO?

The issue size is ₹110 crore, of which ₹88.01 crore is a fresh issue and ₹21.99 crore an offer for sale by existing shareholders.

Is there a quota for shareholders or employees in Wiscon Industries IPO?

No. Wiscon Industries' draft offer document (DRHP) reserves no part of the issue for shareholders or employees; applications go through the standard investor categories. In a draft, a reservation is what the company proposes; the RHP fixes its size, who qualifies and on which date, and any discount.

Financials

What is the revenue of Wiscon Industries?

Wiscon Industries reported revenue of ₹196.87 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Where do the Wiscon Industries IPO financials come from?

From the restated financial statements in the company's draft and final offer documents, filed with the stock exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

DRHP

Where can I read the Wiscon Industries DRHP or RHP?

The Wiscon Industries IPO's offer document is linked on this page as filed. The stock exchange also publishes it, and the lead managers host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.

What are the strengths disclosed in the Wiscon Industries DRHP?

Wide Range of imperative Consumer Electronic Products Total Revenue from Operations (A+B) 321.45 Value proposition for customers The page lists all 4 as disclosed.

What are the key risks disclosed in the Wiscon Industries DRHP?

We have entered into and may enter into related party transactions in the future, however, there can be no assurance those such transactions, individually or taken together, will not have any adverse effect on our business, prospects, results of operations and financial condition We have certain outstanding litigation against us, Directors, Promoter, KMP and SMP, Group Companies and Wholly Owned Subsidiary, an adverse outcome of which may adversely affect our business, reputation and results of operations There are certain delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for such delay filings with provisions of corporate or any other law could impact the financial position of the Company to that extent The page lists all 5 disclosed risk factors.

Listing

When will Wiscon Industries IPO list?

The Wiscon Industries shares are scheduled to list on 3 November 2026 on BSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Wiscon Industries IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours and held at the final tally after close. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with the stock exchange. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.

Wiscon Industries IPO Registrar where allotment and refund queries go

RegistrarMaashitla Securities Private Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Wiscon Industries IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and your price within the band: SME issues have no cut-off option, and the smallest valid bid is the two-lot minimum application shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app before the issue’s UPI cut-off on the closing day (29 Oct 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Maashitla Securities Private Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹204 upper band means the grey market is dealing at ₹204.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Data & compliance. For information and education only — not investment advice or a recommendation to apply for, subscribe to, or avoid any issue. GMP is an unofficial, unregulated datapoint reported by third parties. Always read the RHP. alphave does not process IPO applications. Published by Alphave.