Investing · Breaking
Wiscon Industries Launches BSE SME Public Offer Valued at One Hundred Ten Crores
Originally reported by ET Markets as: Wiscon Industries SME IPO opens today; check price band and other key details
27 Oct 2026, 9:52 am IST · Xecute.finance News Desk
The crisp read
Wiscon Industries opened its Rs 110-crore initial public offering on October 27, with bidding closing on October 29. The BSE SME issue features a price band of Rs 194 to Rs 204 per share and includes both a fresh issue and an offer for sale. Proceeds are designated for machinery purchases, working capital, marketing, and general corporate expenses.
Why it matters: SME market investors can evaluate Wiscon Industries' public issue for capital deployment in machinery and working capital.
Deep dive - the full story
Wiscon Industries opened its Rs 110-crore initial public offering on October 27, with the bidding window scheduled to close on October 29. Listed on the BSE SME platform, the issue is priced within a band of Rs 194 to Rs 204 per share and comprises a combination of a fresh issue and an offer for sale.
Capital raised from the fresh issue component will be channeled toward purchasing new machinery, funding working capital requirements, executing marketing initiatives, and covering general corporate expenses. This capital infusion is intended to expand the operational capabilities of the company.
Investors must review the prospectus details and submit their bids before the October 29 closing date. Market participants should verify application lots and allotment schedules through their brokers.
Source: economictimes.indiatimes.com
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