INDO SMC IPO was subscribed overall 110.49 times on the last day, while the retail quota subscribed 110.49 times, the QIB quota subscribed 94.94 times, and the NII quota subscribed 164.59 times, respectively.
Details About INDO SMC
INDO SMC got approval from SEBI to raise around ₹92 crores with a face value of ₹10 each.
Moreover, the company has set up a price band of ₹141 to ₹149 per share.
In this IPO, a total of 2000 shares were available in 2 lot sizes for the minimum and maximum retail category, and 3,000 shares were available in 3 lot sizes for the maximum Retail category.
While S-HNI(Minimum) has a total of 6,000 shares in 6 lot sizes. B-HNI Minimum has a total of 7000 shares in 7 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ₹2,98,000.
- S-HNI Minimum: Minimum Investment of ₹4,47,000.
- S-HNI Maximum: Maximum investment of ₹8,94,000.
- B-HNI Minimum: Minimum investment of ₹10,43,000.
INDO SMC subscription
The opening date of the INDO SMC IPO subscription was January 13, 2026, and the closing date was January 16, 2026. The INDO SMC IPO allotment was finalized on January 19, 2026, and the IPO listing is on January 21, 2026.
About the INDO SMC IPO
Indo SMC Limited designs and manufactures a wide range of electrical enclosures and switchgear products. Its offerings include energy meter boxes, high- and low-tension current and potential transformers, distribution boxes and panels, junction boxes, feeder pillars, and fiberglass gratings.
The business designs a wide range of products serving electrical, industrial, and infrastructure applications. Indo SMC incorporates advanced machinery and equipment to ensure timely delivery and offer high-quality products to meet the requirements of clients.
