GMP is an unofficial indicator of investor demand before listing — not a guaranteed outcome.

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions.

INDO SMC IPO.

Electric Equipment & Power and Energy — Sme IPO listing on BSE

13 January - 16 January 2026
Fixed Price IPO
Fresh Capital
Price Band
₹ 141 – 149
Lot Size
1000
Issue Size
₹92 Cr
Minimum Investment
₹298000 (2000 Shares)
Listing Date
21 January 2026

Grey Market Premium

₹62

▲ 24.6% over cap

As On Issue Price GMP Esti. Listing
19 January 2026 ₹149.00 ₹25 ₹174
18 January 2026 ₹149.00 ₹25 ₹174
17 January 2026 ₹149.00 ₹25 ₹174
16 January 2026 ₹149.00 ₹32 ₹181
15 January 2026 ₹149.00 ₹32 ₹181
14 January 2026 ₹149.00 ₹32 ₹181
13 January 2026 ₹149.00 ₹32 ₹181
12 January 2026 ₹149.00 ₹36 ₹185
11 January 2026 ₹149.00 ₹35 ₹184
10 January 2026 ₹149.00 ₹35 ₹184
09 January 2026 ₹149.00 ₹31 ₹180
08 January 2026 ₹149.00 ₹25 ₹174
07 January 2026 ₹149.00 ₹25 ₹174