Wiscon Industries SME IPO opens on Oct. 27 with Rs 110-crore issue
In short
Wiscon Industries opened its Rs 110-crore SME IPO on October 27. The issue price is Rs 194-204 per share, and it will close on October 29.
The company says the money will help pay for machinery, working capital, marketing and other costs. The supplied material does not say how much demand there is or when the shares will list.
What the reporting says
Wiscon Industries’ Rs 110-crore SME IPO opened on October 27 and is set to close on October 29, according to the publisher summary. The issue is priced at Rs 194-204 per share and includes both a fresh issue and an offer for sale. The company plans to use proceeds for machinery purchases, working capital, marketing and other corporate expenses, but the supplied material does not give demand or listing details.
Why it matters
Wiscon Industries launched an SME IPO on October 27 with a reported size of Rs 110 crore and a price band of Rs 194-204 per share. The offer includes both fresh issuance and an offer for sale, and the stated use of proceeds covers machinery, working capital, marketing and other corporate expenses. The reporting does not provide subscription data or listing timing beyond the close date.