INDO SMC IPO GMP Today
The INDO SMC IPO GMP is ₹25 (+16.8% over the upper price band of ₹149) as of 19 Jan 2026, giving an estimated listing price of ₹174 per share. On a minimum application of 2,000 shares, that is an estimated gain of ₹50,000. GMP has held steady at ₹25 since tracking began on 7 Jan.
Last updated
- Issue Price
- ₹149
- GMP
- ₹25
- GMP %
- +16.8%
- Est. listing
- ₹174
- Est. gain / application
- +₹50,000
INDO SMC IPO GMP trend
Tracked for 13 days. High ₹36 on 12 Jan, low ₹25 on 7 Jan.
INDO SMC IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (2,000 sh) |
|---|---|---|---|---|---|
| (latest) | ₹25 | 0 | 16.78% | ₹174 | +₹50,000 |
| ₹25 | 0 | 16.78% | ₹174 | +₹50,000 | |
| ₹25 | -₹7 | 16.78% | ₹174 | +₹50,000 | |
| ₹32 | 0 | 21.48% | ₹181 | +₹64,000 | |
| ₹32 | 0 | 21.48% | ₹181 | +₹64,000 | |
| ₹32 | 0 | 21.48% | ₹181 | +₹64,000 | |
| ₹32 | -₹3 | 21.48% | ₹181 | +₹64,000 | |
| ₹35 | -₹1 | 23.49% | ₹184 | +₹70,000 | |
| ₹36 | +₹1 | 24.16% | ₹185 | +₹72,000 | |
| ₹35 | +₹4 | 23.49% | ₹184 | +₹70,000 | |
| ₹31 | +₹6 | 20.81% | ₹180 | +₹62,000 | |
| ₹25 | 0 | 16.78% | ₹174 | +₹50,000 | |
| ₹25 | — | 16.78% | ₹174 | +₹50,000 |
Est. listing = upper price band (₹149) + GMP. Est. gain = GMP × 2,000 shares (2 lots, the minimum application).
INDO SMC IPO subscription status
| QIB | 94.94x |
|---|---|
| Retail | 96.13x |
| Total | 110.57x |
Reading the INDO SMC IPO GMP
The grey market premium is the price above the issue price at which INDO SMC IPO shares are informally traded before listing. A GMP of ₹25 on an upper band of ₹149 suggests the shares could open around ₹174, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
INDO SMC IPO GMP: FAQs
- What is INDO SMC IPO GMP today?
- The latest grey market premium (GMP) for the INDO SMC IPO is ₹25 as of 19 January 2026, which is 16.78% over the upper price band of ₹149.
- What is the expected listing price of INDO SMC IPO?
- Based on the current GMP, the estimated listing price of INDO SMC IPO is ₹174 per share (₹149 issue price + ₹25 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for INDO SMC IPO?
- The lot size is 1,000 shares. The minimum application is 2 lots (2,000 shares), which costs ₹2,98,000 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.