INDO SMC IPO Subscription Status
INDO SMC IPO subscribed over 110.49x on its last day till 5.00 PM on January 16, 2026.
- The INDO SMC IPO subscription QIB investors’ portion is 94.94 times, while NII subscribed 164.59 times, and RII investors subscribed 96.13 times.
- The company has received bids for 45,36,84,000 shares against 41,06,000 shares on offer on the last day of subscription.
- INDO SMC’s IPO was subscribed over 110.49x on its day 3.
- INDO SMC’s IPO was subscribed over 2.05x on its day 2.
- INDO SMC’s IPO was subscribed over 1.01x on its day 1.
About INDO SMC Company
Indo SMC Limited designs and manufactures a variety of electrical enclosures and switchgear products. These include energy meter boxes, high-tension and low-tension current and potential transformers (HTCT, HTPT, LTCT), distribution boxes and panels, junction boxes, feeder pillars, and fiberglass grating. Its products are made from materials like sheet moulding compounds (“SMC”), fiberglass reinforced plastic (“FRP”), copper, mild steel, and stainless steel, etc.
The company runs its operations through its 4 manufacturing facilities situated in Gujarat, Maharashtra, and Rajasthan. 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.
INDO SMC IPO GMP
INDO SMC IPO GMP was ₹32 as of Friday, 16 January 2026. That indicates the IPO is trading at ₹181 with a ₹32 premium in the grey market against the issue price of ₹149.
