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INDO SMC IPO Details

13 January - 16 January 2026 Closed
SME BSE

The INDO SMC IPO is a book build issue with a total issue size of ₹92 cr INDO SMC IPO opened for subscription on Jan 13, 2026 and closed on Jan 16, 2026. INDO SMC IPO is set price band at ₹141 to ₹149 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹298,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jan 19, 2026, and listed on both the NSE and BSE on Jan 21, 2026.

Kfin Technologies Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.

Before investing in the INDO SMC IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 141 – 149
Lot Size
1000
Issue Size
₹92 Cr
Minimum Investment
₹298000 (2000 Shares)
Listing Date
21 January 2026

Current GMP

₹25 (+16.78%)

Open Date 13 January, 2026
Close Date 16 January, 2026
Market Cap -
Industry Electric Equipment
Sector Power and Energy
Subscription 110.57x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About INDO SMC Limited

INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products catering to the electrical, industrial, and infrastructure sectors.

The company specializes in the design and manufacturing of enclosure boxes for energy meters, High Tension Current Transformers (HTCT), High Tension Potential Transformers (HTPT), Low Tension Current Transformers (LTCT), LT/HT distribution boxes and panels, fiberglass-reinforced plastic (FRP) gratings, junction boxes, feeder pillars, and other power distribution and circuit-protection switchgear products.

INDO SMC Ltd operates in-house testing laboratories equipped with advanced facilities to ensure strict adherence to quality standards, performance reliability, and optimal material composition across all product lines.

The company currently operates through four manufacturing facilities located in Gujarat, Maharashtra, and Rajasthan. The manufacturing unit in Ahmedabad is dedicated to the production of SMC and FRP products and is equipped with modern machinery and material-handling systems, enabling efficient production processes and ensuring consistent product quality.

INDO SMC IPO Promoters

  1. Mr. Nitin Jasvantbhai Patel
  2. Mr. Neel Niteshbhai Shah
  3. Mrs. Riktabahen Sonawala
  4. Mr. Chaitanya Patel
  5. Mr. Rachit Jain 
Promoters Holding

Holding Pre Issue

82.30%

Holding Post Issue

60.07%

INDO SMC IPO Objective

The Company INDO SMC IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding capital expenditure of our company to purchase Plant and machinery 
  2. Funding the working capital requirements of the company 
  3. General Corporate Purposes

Address / Contact Info

INDO SMC Ltd
809,
Shilp Zaveri Shyamal Cross Road,
Vejalpur, Shyamal,
Ahmedabad, Gujarat, 380006
Phone: +91 7575812866
Email: cs@indosmc.com
Website: http://www.indosmc.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 141 – 149
Lot Size1000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 0.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 92.00 Cr
Listing AtBSE
IndustryElectric Equipment
SectorPower and Energy
QIB Quota28.54%
BNII Quota14.32%
SNII Quota7.16%
Retail Quota49.98%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

INDO SMC IPO is a Book-building IPO with a total issue size of ₹92 crore. The INDO SMC IPO price band is ₹141 to 149 per share. The INDO SMC IPO subscription opens on Tue, Jan 13, 2026, and closes on Fri, Jan 16, 2026. The INDO SMC IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the INDO SMC IPO.

The INDO SMC IPO opens on Tue, Jan 13, 2026 and closes on Fri, Jan 16, 2026

INDO SMC IPO Price Band is ₹141 to 149 per share.

INDO SMC IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹298000 based on the upper price band

The minimum investment for INDO SMC IPO is ₹298000, based on one lot of 1000 shares at the upper price band of ₹149 per share.

Investors can apply for the INDO SMC IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 16, 2026. The application amount remains blocked until the INDO SMC IPO allotment is finalized.

INDO SMC IPO issue size is ₹92 crores.

INDO SMC IPO allotment date is Wed, Jul 1, 2026.

The registrar for INDO SMC IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check INDO SMC IPO allotment status, refund processing, and other IPO-related information.

The INDO SMC IPO GMP (Grey Market Premium) is ₹25 as of Mon, Jan 19, 2026. Based on the upper price band of ₹149 per share, the estimated INDO SMC IPO listing price is ₹174, indicating a potential listing gain of approximately 0% over the issue price.