
INDO SMC IPO GMP: Day 1 IPO Live Updates
Posted by : sachet | Tue Jan 13 2026

The INDO SMC IPO GMP is ₹32 as of 13th January 2026. It is a book-building issue IPO of ₹39.56 crores. This is an entirely fresh issue of 0.62 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 21st January 2026. The face value of INDO SMC IPO shares is ₹10 per share, and the IPO price band is ₹141 to ₹149 per share. Retail investors can bid for a minimum of 2 lots of 2,000 shares worth ₹2,98,000
INDO SMC IPO GMP Grey Market Premium
As mentioned earlier, the INDO SMC IPO GMP currently stands at ₹7.00 per share. Thus, the estimated listing price would be at ₹112.00. This indicates that the estimated listing gain in this IPO could be 6.67%. Explore the table for INDO SMC IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 13-01-2026 | ₹149.00 | ₹32.00 | ₹181.00 | 21.48% |
| 12-01-2026 | ₹149.00 | ₹36.00 | ₹185.00 | 24.16% |
| 11-01-2026 | ₹149.00 | ₹35.00 | ₹184.00 | 23.49% |
| 10-01-2026 | ₹149.00 | ₹35.00 | ₹184.00 | 23.49% |
| 9-01-2026 | ₹149.00 | ₹31.00 | ₹180.00 | 20.81% |
| 8-01-2026 | ₹149.00 | ₹25.00 | ₹174.00 | 16.78% |
| 7-01-2026 | ₹149.00 | ₹25.00 | ₹174.00 | 16.78% |
| 6-01-2026 | ₹149.00 | ₹25.00 | ₹174.00 | 16.78% |
| 5-01-2026 | ₹149.00 | ₹25.00 | ₹174.00 | 16.78% |
Note: GMP details are subject to change based on market conditions and fluctuations. Check the live INDO SMC IPO GMP status at Univest.
INDO SMC IPO Details
| IPO Allotment Date | 16th January 2026 |
| IPO Open Date | 13th January 2026 |
| IPO Close Date | 15th January 2026 |
| Refund Initiation | 19th January 2026 |
| Issue Size | 61,71,000 shares(agg. up to ₹92 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,000 Shares |
| Issue Price | ₹141 to ₹149 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 20th January 2026 |
Also Read: INDO SMC IPO GMP & Review: Apply or Avoid?
Explanation
INDO SMC IPO: INDO SMC IPO Limited has declared an issue price band of ₹141 to ₹149 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 2,000 shares, each worth ₹2,98,000. The face value of INDO SMC IPO Limited shares is ₹10 per share. The shares of INDO SMC IPO Limited will be listed on BSE and SME on its tentative listing day, 21st January 2026. Scroll down to check GMP updates and INDO SMC IPO reviews.
INDO SMC IPO Objectives
The primary aim of the INDO SMC IPO is to raise ₹91.95 crores. On the other hand, INDO SMC has decided to utilise these funds in different ways.
- To fund the capital expenditure of the company to purchase Plant and Machinery
- To General Corporate Expenses
- To fund the working capital requirements of the company
INDO SMC IPO Registrar
Kfin Technologies Limited is the registrar for the INDO SMC IPO, awaiting the allotment process and initiating refunds. For any queries regarding the INDO SMC allotment and refund, you can contact Kfin Technologies Limited at austere.ipo@kfintech.com or at 04067162222 or 04079611000.
INDO SMC IPO Review

The INDO SMC IPO has gained neutral ratings from industry experts, brokers, and institutional investors. INDO SMC Limited’s revenue increased by 394.58% from ₹28.06 crores in March 2024 to ₹138.78 crores in March 2025. Moreover, the company’s PAT increased by 414.66% from ₹3.00 crores in March 2024 to ₹15.44 crores in March 2025.
Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the INDO SMC IPO or not.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 16.10 |
| EPS (Earnings Per Share) | 9.25 |
| RoNW | 43.27% |
| ROCE | 31.39% |
| ROE | 74.45% |
| EBITDA Margin | 16.45% |
| Price to Book Value | 6.97 |
| Market Capitalisation | ₹340.54 Cr |
The PE ratio of INDO SMC Limited shares is 16.10, and its Earnings Per Share (EPS) stands at 9.25. Thus, the INDO SMC IPO can deliver gains on its tentative listing date, 20th January 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of INDO SMC Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 16.1 | 14.86 |
| EPS | 9.25 | 10.02 |
FAQs on INDO SMC IPO
What is the INDO SMC IPO GMP?
Currently, on 13th January 2026, the INDO SMC IPO GMP (Grey Market Premium) stands at ₹32. This indicates that the estimated listing price could be ₹181.00 per share.
What is the issue price of the INDO SMC IPO?
The INDO SMC IPO issue price band is set at ₹141.00 to ₹149.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 2,000 shares, worth ₹2,98,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,000 shares) worth ₹4,47,000.
Who is the registrar of the INDO SMC IPO?
Kfin Technologies Limited is the registrar for the INDO SMC IPO, awaiting the allotment process and initiating refunds. For any queries regarding the INDO SMC allotment and refund, you can contact Kfin Technologies Limited at austere.ipo@kfintech.com or at 04067162222 or 04079611000.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the INDO SMC IPO, download the INDO SMC IPO RHP and INDO SMC IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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