Wiscon Industries IPO

Incorporated on September 16, 2022, Wiscon Industries supplies consumer electronic products under its “Wiscon” brand and sells electric scooters under a third-party brand. Its portfolio includes LED TVs, air coolers, washing machines and air conditioners.

The company is primarily a trading business; its wholly owned subsidiary, Dalmia Technologies Limited (DTL), manufactures and assembles LED TVs and trades other electronic products. Wiscon acquired 100% of DTL in 2025, and consolidation began in FY26.

Wiscon serves business-to-business customers through an offline network and business-to-consumer customers through its website. It also provides installation and repair services through third-party service providers, without charge during warranty and for a fee outside warranty. FY26 consolidated revenue from operations was ₹196.87 crore; B2B contributed 99.55% and B2C 0.45%.

On a consolidated basis in FY26, LED TVs contributed 72.24% of revenue, electric scooters 21.64%, services 4.47%, washing machines 0.58%, air coolers 0.42%, air conditioners 0.40% and spare parts 0.26%. On the standalone series, electric scooters moved from 48.40% in FY25 and 27.08% in FY26, while LED TVs represented 45.86% and 67.67%, respectively. Standalone FY26 sales covered 22 states and three Union territories, with no export revenue. Delhi, Uttar Pradesh and Haryana accounted for 76.87%, 10.61% and 2.24% of consolidated FY26 revenue, respectively. The company states that it procures traded products from the domestic market.

The two warehouses cover approximately 9,072 sq. ft. and 4,500 sq. ft. DTL operates from a manufacturing facility of approximately 22,950 sq. ft. DTL’s FY26 TV-set capacity was 244,800 units, with actual available capacity of 217,872 units and 183,038 units utilised, or 84.01%, versus 43,076 units and 35.19% utilisation in FY25. Standalone FY26 sales included 70,404 LED TVs, 2,144 electric scooters, 2,667 air coolers, 1,611 washing machines, 834 air conditioners and 12,390 spare parts. The average selling price of electric scooters was ₹92,701.04, ₹7,086.71 of washing machines, ₹9,482.38 of air conditioners, ₹7,053.89 of LED TVs, ₹4,291.94 of air coolers and ₹54.65 of spare parts in FY26.