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News Details

22/10/2026 15:40

Wiscon Industries announces launch of initial public offering

Wiscon Industries Ltd. has announced public offering of 5392200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 194.00 per share. The gross proceeds of the issue are expected to be Rs 11,000.09 lakhs.

The company's initial public offer (IPO) will open on 27 October 2026 and is expected to close on 29 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 194.00-204.00 per share.

The IPO includes a fresh Issue of 5392200 Equity Shares of the Company at an price of Rs 204.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Wiscon Industries Ltd. anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.