INDO SMC IPO Details
| IPO Open Date | January 13, 2026 |
| IPO Close Date | January 15, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹141 to ₹149 Per Share |
| Issue Size | Approx ₹92 Crores |
| Fresh Issue | Approx ₹92 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
INDO SMC IPO Review & Key Points
- Review:
INDO SMC IPO Market Lot
The INDO SMC IPO minimum market lot is 2,000 shares with ₹2,98,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,98,000 |
| Retail Maximum | 2 | 2,000 | ₹2,98,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,47,000 |
| S-HNI Maximum | 6 | 6,000 | ₹8,94,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,43,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 17,56,000 Shares | 28.46% |
| QIB (Ex. Anchor) | 11,72,000 Shares | 18.99% |
| NII Shares Offered | 8,82,000 Shares | 14.29% |
| Retail Shares Offered | 20,52,000 Shares | 33.25% |
INDO SMC IPO Anchor Investors
| Anchor Bidding Date | January 12, 2026 |
| Anchor Investors List | |
| Shares Offered | 17,56,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | February 15, 2026 |
| lock-in period end date 50% shares (90 Days) | April 16, 2026 |
INDO SMC IPO Dates
The INDO SMC IPO date is January 13 and the close date is January 15. The INDO SMC IPO allotment will be finalized on January 16 and the IPO listing on January 20.
| IPO Open Date: | January 13, 2026 |
| IPO Close Date: | January 15, 2026 |
| Basis of Allotment: | January 16, 2026 |
| Refunds: | January 19, 2026 |
| Credit to Demat Account: | January 19, 2026 |
| IPO Listing Date: | January 20, 2026 |
| IPO Bidding Cut-off Time: | January 15, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Nitin Jasvantbhai Patel, Mr. Neel Niteshbhai Shah, Mrs. Riktabahen Sonawala, Mr. Chaitanya Patel and Mr. Rachit Jain.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,66,84,350 | 82.30% |
| Promoter Holding Post Issue | 2,28,55,350 | 60.07% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure of the company to purchase Plant and Machinery | ₹25.71 |
| Funding the working capital requirements of the company | ₹52.00 |
| General Corporate Purposes | ₹- |
About INDO SMC IPO
To be updated soon
INDO SMC IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹7.30 | ₹6.66 | ₹0.46 | ₹99.94 |
| 2024 | ₹28.06 | ₹24.37 | ₹3.00 | ₹99.94 |
| 2025 | ₹138.78 | ₹119.67 | ₹15.44 | ₹13.85 |
| September 2025 | ₹112.62 | ₹98.58 | ₹11.46 | ₹147.67 |
INDO SMC IPO Valuation – FY2025
Check INDO SMC IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 74.45% |
| ROCE: | 31.39% |
| EBITDA Margin: | 16.45% |
| PAT Margin: | 11.13% |
| Debt to equity ratio: | 1.00 |
| Earning Per Share (EPS): | ₹9.61 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 43.27% |
| Net Asset Value (NAV): | ₹21.39 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Aeron composite limited | 7.84 | 13.01 | 13.21% | 59.33 | 220.76 Cr. |
| RMC switch gear limited | 29.81 | 14.75 | 29.40% | 101.39 | 319.42 Cr. |
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
Company Address
INDO SMC Ltd Address
809,
Shilp Zaveri Shyamal Cross Road,
Vejalpur, Shyamal,
Ahmedabad, Gujarat, 380006
Phone: +91 7575812866
Email: [email protected]
Website: https://indosmc.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
INDO SMC IPO FAQs
What is INDO SMC IPO?
INDO SMC IPO is SME IPO. The company is going to raise ₹92 Crores via IPO. The issue is priced at ₹141 to ₹149 per equity share. The IPO is to be listed on BSE & SME.
When INDO SMC IPO will open for subscription?
The IPO is to open on January 13, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 15, 2026.
What is INDO SMC IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the INDO SMC IPO?
You can apply for INDO SMC IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is INDO SMC IPO Issue Size?
INDO SMC IPO issue size is ₹92 crores.
What is INDO SMC IPO Price Band?
INDO SMC IPO Price Band is ₹141 to ₹149.
What is INDO SMC IPO Lot Size?
The minimum bid is 2,000 Shares with ₹2,98,000 amount.
What is the INDO SMC IPO Allotment Date?
INDO SMC IPO allotment date is January 16, 2026.
What is the INDO SMC IPO Listing Date?
INDO SMC IPO listing date is January 20, 2026. The IPO is to list on BSE & SME.
Note: The INDO SMC IPO price band and date are officially announced. The (INDO SMC IPO grey market premium) will be added to the IPO GMP page as it will start).
