The INDO SMC IPO minimum market lot is 2,000 shares with ₹2,98,000 application amount. The INDO SMC IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
INDO SMC IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 1.00 | 0.00 | 0.00 |
| RII | 1.60 | 0.00 | 0.00 |
| Total | 1.01 | 0.00 | 0.00 |
INDO SMC IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
INDO SMC IPO Review and Rating
- May Apply For Long-term View
INDO SMC IPO Form
How to apply for the INDO SMC IPO? You can apply for INDO SMC IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the INDO SMC IPO in the Invest section. The other option is you can apply for INDO SMC IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
