Wiscon Industries IPO GMP Today

Wiscon Industries Limited is a Delhi-based supplier of consumer electronic products in India. Its product portfolio includes LED televisions, air coolers, washing machines, and air conditioners, which are sold under its flagship brand, Wiscon. The company also sells electric scooters under a third-party brand. The company serves both business-to-business (B2B) and business-to-consumer (B2C) customers. It conducts its B2B operations through an offline customer network, while it makes B2C sales through its website. Wiscon Industries was incorporated as a public limited company on September 16, 2022. In May 2025, the company acquired a 100% stake in Dalmia Technologies Limited (DTL), which manufactures LED televisions and trades in other electronic products. DTL became its wholly owned subsidiary, and the company’s consolidated financial statements include DTL from FY26 onward. Accordingly, consolidated figures for FY26 and the quarter ended June 30, 2026 include DTL’s financial results, while historical figures for FY24 and FY25 in the relevant standalone statements reflect Wiscon Industries on a standalone basis. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:​ Investment in the wholly owned subsidiary, Dalmia Technologies Limited for financing its capital expenditure towards purchase of plant and machinery — Rs 15.04 crore Investment in Dalmia Technologies Limited for funding its incremental working capital requirements — Rs 35 crore To meet working capital requirements of Wiscon— Rs 17 crore To fund marketing and promotional activities in the company — Rs 5.22 crore General corporate purposes