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Wiscon Industries IPO to open on October 27 with price band at Rs 194-204 per share

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Wiscon Industries IPO to open on October 27 with price band at Rs 194-204 per share
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Market & Financial Impact: Wiscon Industries IPO | The 53.92 lakh shares IPO comprises fresh issue of 43.14 lakh equity shares, and an offer-for-sale of 10.78 lakh shares.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Consumer electronic products supplier Wiscon Industries tapped capital markets to raise funds up to Rs 110 crore via initial public offering for its capital expenditure and working capital requirements.

The company is set open its IPO for public subscription on October 27, with price band at Rs 194-204 per share, while the bidding will close on October 29.

The one-day anchor book for institutional investors will open on October 26, while its shares will be available for trading on the BSE SME platform on November 3.

The 53.92 lakh shares IPO comprises fresh issue of 43.14 lakh equity shares, and an offer-for-sale of 10.78 lakh shares.

Promoter Sidhant Dalmia will be selling shareholder in the offer-for-sale.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Moneycontrol ↗
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