
INDO SMC
21 Jan '26SME
Min. Investment
₹2,82,000
Issue size
₹91.95 Cr
GMP
Locked
Current subscription status: --
Expert verdict

IPO dates
13 Jan
Opening
15 Jan
Closing
19 Jan
Allotment
21 Jan
Listing
*Refunds will be initiated on 20 Jan '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,98,000 |

Subscription (as on 12 January 2026, 06:30 PM)
Overall-
About company
Founded: 2021|MD: Mr Neel Niteshbhai Shah
- INDO SMC designs and manufactures enclosure boxes, transformer components, and power distribution and circuit protection switchgears.
- Its products include enclosure boxes for energy metres; high-tension current and potential transformers (HTCT, HTPT); low-tension current transformers (LTCT); LT/HT distribution boxes and panels; junction boxes; feeder pillars; fibreglass reinforced plastic (FRP) gratings; sheet moulding compounds (SMC) sheets; and SMC chequered plates. Products are made using SMC, FRP, copper, mild steel, and stainless steel.
- The company operates four manufacturing facilities in Gujarat, Maharashtra, and Rajasthan, including units in Ahmedabad and Nashik, Maharashtra.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹141 to 149
Face value
₹10 per share

Financials
IPO reservation
Anchor investor - 28.46%
QIB - 18.99%
HNI - 14.29%
Retail - 33.25%
FAQs
Should I apply for the INDO SMC IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of INDO SMC IPO?
The issue size of INDO SMC IPO is ₹91.95 Cr
What are the open and close dates for INDO SMC IPO?
The INDO SMC IPO will be open for applications from 13 Jan '26 to 15 Jan '26
What is the lot size and minimum order quantity of INDO SMC IPO?
The lot size of INDO SMC IPO is 1000 Shares and its minimum investment amount is ₹2,82,000.
What is the GMP value of INDO SMC IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for INDO SMC IPO is 23.49

