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IS

INDO SMC

Listed SME BSE SME · Other Electrical Equipment

Price Band

₹141.0–149.0

Issue Size

₹91.95 Cr

Lot Size

1,000 shares

Min Investment

₹298,000

GMP

+₹10.0 (6.71%)

Issue Price

₹149.0

calendar_month Important Dates

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IPO Open Date
Tue, 13 Jan 2026
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IPO Close Date
Fri, 16 Jan 2026
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Allotment Date
Mon, 19 Jan 2026
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Refund Initiation
Tue, 20 Jan 2026
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Credit of Shares
Tue, 20 Jan 2026
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Listing Date
Wed, 21 Jan 2026
Listing Price
₹159.0 +6.71%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

+₹10.0

GMP %

+6.71%

Est. Listing

₹159.0

schedule Updated: 14 Jul 2026 15:53

business About the Company

INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products catering to electrical, industrial, and infrastructural applications. The company design and manufacturing of enclosure box for energy meters, high tension current transformer (“HTCT”), high tension potential transformer (“HTPT”), low tension current transformer (“LTCT”), LT/HT distribution boxes and panels, fiberglass reinforced plastic (“FRP”) Grating, junction boxes, feeder pillars and other power distribution and circuit protection switchgears. The company has in-house testing laboratories to ensure products meet quality requirements and suitable material composition. The company currently operate through four manufacturing facility, located at Gujarat, Maharashtra and Rajasthan. The manufacturing facility at Ahmedabad where they manufacture SMC and FRP products, comes equipped with a variety of machinery and other handling tools to guarantee appropriate product handling and efficient production. Competitive Strengths: Diverse Product Range Strong Manufacturing Capabilities Industry Expertise and Leadership Robust Quality Assurance and control Established relationship with customers

payments Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 147.67 99.94 36.32 13.85
Total Income 112.62 138.78 28.06 7.30
Profit After Tax 11.46 15.44 3.00 0.46
EBITDA 17.19 22.83 5.08 1.15
NET Worth 47.14 35.69 5.79 1.17
Reserves and Surplus 30.46 19.00 5.06 0.52
Total Borrowing 49.35 35.76 17.70 10.43

Key Ratios

EPS

₹9.25

NAV

₹21.39

ROE

74.45%

ROCE

31.39%

RoNW

43.27%

P/B Value

6.97

P/E Ratio

16.1

Market Cap

₹340.54 Cr

PAT Margin

11.13%

Debt/Equity

1.00

Promoters

Nitin Jasvantbhai Patel, Neel Niteshbhai Shah, Riktabahen Sonawala, Chaitanya Patel and Rachit Jain

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure of the company to purchase Plant and Machinery 25.71 2 Funding the working capital requirements of the Company 52.00 3 General Corporate Purposes 6.89 4 Issue expenses 7.35 Total 91.95

info Issue Details

Issue Type SME Book Built
Issue Size ₹91.95 Cr
Price Band ₹141.0 – ₹149.0
Issue Price ₹149.0
Lot Size 1,000 shares
Min Investment ₹298,000
Exchange BSE SME
Sector Other Electrical Equipment
Open Date 13 Jan 2026
Close Date 16 Jan 2026
Allotment 19 Jan 2026
Listing Date 21 Jan 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance GYR Capital Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

13 Jan 2026

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Close

16 Jan 2026

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Allotment

19 Jan 2026

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Listing

21 Jan 2026

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