Wiscon Industries Ltd.
WISCONSME
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Overview
Wiscon Industries Limited is a Delhi-based consumer electronics company that sells a broad portfolio including LED TVs, air coolers, washing machines and air conditioners under the “Wiscon” brand, primarily through a B2B offline customer network and to a smaller extent via its own website, while also trading electric scooters under a third-party brand and supporting customers through a third-party after-sales service network across India.
- Opening Date
Oct 27, 2026
- Closing Date
Oct 29, 2026
- Listing Date
Nov 03, 2026
- IPO Type
SME
- IPO Status
Open
- Issue Size
110 Cr
- Fresh Issue
88.01 Cr
- Offer for Sale
22 Cr
- Price Band
₹194 - ₹204
- Lot Size
600
IPO Timeline
Financials
Use of IPO funds
Key Performance Indicator
- P/E Ratio
15.67
- EPS
13.02
- ROE
22.83%
- ROCE
14.72%
- RONW
20.49%
- Debt to Equity Ratio
0.96
- PAT Margin
11.29%
- EBITDA Margin
15.74%
- P/B
10.45
Bull vs Bear
Bull case
- •
Owning the LED TV manufacturer can improve supply reliability and quality control, which matters because missed deliveries can quickly lose repeat B2B customers.
- •
BEE and ISO certifications support trust for branded electronics, which matters because compliance helps avoid sales disruptions and makes large retailers more comfortable.
- •
Consumer durables demand is growing in India, so a small brand can expand if it builds distribution and awareness without needing exports.
Bear case
- •
Purchases are highly concentrated in top suppliers and there are no exclusive agreements, so a single supplier issue can raise costs or delay deliveries.
- •
A large share of revenue comes from top customers with no long-term contracts, so order cancellations can quickly hit sales and inventory costs.
- •
Sales are fully domestic and heavily tied to Delhi, Uttar Pradesh, and Haryana, so local disruptions can disproportionately hurt revenue and collections.
