Checked · GMP unchanged since
| ₹ crore | 2025 | 2026 |
|---|---|---|
| Revenue | ₹14.49 | ₹196.87 |
| Application | Shares | Amount at ₹204 |
|---|---|---|
| Individual investor (min)minimum application | 1,200 | ₹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.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
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.
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.
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.
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.
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.
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.
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.
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.