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INDOSMC · BSE · Manufacturing & Allied Services
INDO SMC IPO listed on 20 Jan 2026 on BSE at ₹149.00, a gain of 0.00% over the issue price of ₹149.00. The IPO was subscribed 110.49x overall.
INDO SMC IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 13 Jan 2026 |
| IPO Close Date | 15 Jan 2026 |
| Basis of Allotment | 16 Jan 2026 |
| Initiation of Refunds | 19 Jan 2026 |
| Credit of Shares to Demat | 19 Jan 2026 |
| Listing Date | 20 Jan 2026 |
Listing day gain
+0%
Listed at ₹149 (issue ₹149)
Issue
₹149
Listing
₹149
Current
₹154.8
+3.89% vs issue
Day range
₹141.55 – ₹156.45
Issue Size
6,171,000 shares
(aggregating up to ₹92.00 Cr)
Issue Price
₹141 – ₹149
Face Value
₹10/share
Market Lot
1,000 shares
Retail Min Investment
₹298,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
[.]
Offer for Sale
[.]
Reserved for Market Maker
309,000 shares
(aggregating up to ₹4.60 Cr)
Issue Type
book building
Open Date
13 Jan
Close Date
15 Jan
Allotment
16 Jan
Listing
20 Jan
Last updated: 8 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 18 Jan 2026 Latest | ₹149 | ₹25 | ₹174 | ₹25 |
16.78%
|
6:41 PM |
| 17 Jan 2026 | ₹149 | ₹25 | ₹174 | ₹25 |
16.78%
|
9:07 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 16 Jan 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 94.94x | - |
| NII | 164.59x | - |
| bNII (bids above ₹10L) | 193.37x | - |
| sNII (bids below ₹10L) | 107.02x | - |
| Retail Investors | 96.13x | - |
| Total | 110.49x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Nitin Jasvantbhai Patel, Mr. Neel Niteshbhai Shah, Mrs. Riktabahen Sonawala, Mr. Chaitanya Patel and Mr. Rachit Jain are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹298,000 |
| Retail (Max) | 2 | 2,000 | ₹298,000 |
| S-HNI (Min) | 3 | 3,000 | ₹447,000 |
| S-HNI (Max) | 6 | 6,000 | ₹894,000 |
| B-HNI (Min) | 7 | 7,000 | ₹1,043,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,928,000 (47.45%) |
|
•
Anchor Investor Shares Offered
|
1,756,000 (28.46%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,172,000 (18.99%) |
| NII (HNI) Shares Offered | 882,000 (14.30%) |
|
•
sNII < ₹10L
|
294,000 (4.76%) |
|
•
bNII > ₹10L
|
588,000 (9.54%) |
| Retail Shares Offered | 2,052,000 (33.25%) |
| Market Maker Shares Offered | 309,000 (5.00%) |
| Total Shares Offered | 6,171,000 (100.00%) |
INDO SMC Limited is a young manufacturing company incorporated in 2021, focused on supplying industrial and allied components to domestic customers. The company has shown rapid scale-up in operations within a short period, supported by growing customer relationships. Its business model emphasizes quality manufacturing and timely delivery. INDO SMC benefits from experienced promoters with industry exposure. The company follows a lean cost structure, helping maintain competitive pricing. Expansion of product offerings has supported revenue growth. Strong focus on operational efficiency enhances margins. The IPO proceeds are aimed at working capital and capacity expansion. Being listed on the SME platform allows focused growth with regulatory flexibility. Overall, the company is positioned for steady growth in the industrial manufacturing segment.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 7.3 | 28.06 | 138.78 |
| Profit After Tax (PAT) | 0.46 | 3 | 15.44 |
| EBITDA | 1.15 | 5.08 | 22.83 |
| Total Assets | 13.85 | 36.32 | 99.94 |
| Net Worth | 1.17 | 5.79 | 35.69 |
| Reserves & Surplus | 0.52 | 5.06 | 19 |
| Total Borrowing | 10.43 | 17.7 | 35.76 |
Revenue & Profit Trend
The basis of allotment for INDO SMC IPO was finalised on 16 Jan 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The INDO SMC IPO is expected to open in Jan 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for INDO SMC IPO is ₹141.00 - ₹149.00 per share.
As per market sources, INDO SMC IPO GMP is currently ₹25.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for INDO SMC IPO stands at 110.49x overall.
The listing date for INDO SMC IPO is 20 Jan 2026.
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