IPO Issue Details
Issue Price / Price Band₹149 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size61,71,000 shares (agg. up to ₹92 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 13 Jan 2026
Subscription CloseThu, 15 Jan 2026
Anchor AllotmentMon, 12 Jan 2026
Basis of AllotmentFri, 16 Jan 2026
Initiation of RefundsMon, 19 Jan 2026
Credit of Shares to DematMon, 19 Jan 2026
Listing DateTue, 20 Jan 2026
UPI Mandate Deadline5:00 PM on 15 Jan 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,98,000 — 2,000 shares
Retail — Max (13 Lots)₹1,937,000 (13 Lots)
HNI — Min (3 Lots)₹4,47,000 — 3,000 shares
EPS (Pre-IPO)₹9.25
EPS (Post-IPO)₹10.02
P/E Ratio (Pre-IPO)16.1x
P/E Ratio (Post-IPO)14.86x
Net Offer to Public58,62,000 shares (agg. up to ₹87 Cr)
Reserved for Market Maker3,09,000 shares (agg. up to ₹5 Cr)
Pre-IPO Promoter Holding1,66,84,350 shares
Post-IPO Promoter Holding2,28,55,350 shares
About INDO SMC Ltd
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 RangeStrong Manufacturing CapabilitiesIndustry Expertise and LeadershipRobust Quality Assurance and controlEstablished relationship with customers
Objects of the Issue
INDO SMC Ltd proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,66,84,350 shares
Post-IPO Promoter Holding
2,28,55,350 shares