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
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.
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 Subscription Status FAQs
How many times is Wiscon Industries IPO subscribed?
The Wiscon Industries IPO was subscribed 1.15× overall as of 30 Oct, 9:45 am: 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 30 Oct, 9:45 am. 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×, day 4 (30 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.
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
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.
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.
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).
One application per PAN. A second application under the same PAN is rejected, and both may be.
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.