Indo SMC Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Indo SMC Ltd IPO

Our business comprises (i) a Sheet Moulding Compound (SMC) division manufacturing energy meter enclosure boxes, SMC sheets and SMC chequered plates, (ii) a Fiberglass Reinforced Plastic (FRP) division manufacturing grating plates and allied products, and (iii) an electrical components division manufacturing HTCTs, HTPTs, LTCTs, feeder pillars and other power distribution and protection switchgears. SMC enclosures are manufactured in compliance with IS:13410 and IS:14772. The Company maintains in-house testing laboratories, tests all incoming materials and finished goods, and is ISO 14001:2015 certified. FRP products, including moulded gratings and storage tanks, are customised for industrial applications and offer corrosion resistance benefits.

Indo SMC Ltd IPO Details

Total Shares Offered

₹ 61,71,000

Offer to Public

TBA

Retail Max (Shares)

₹ 20,52,000

Pre Issue Promoters Holding

₹ 1,37,34,000

Exchange

BSE

Issue size

₹ 91.95 Cr

IPO Open Date

Jan 13, 2026

Close Date

Jan 16, 2026

Lot Size

2000

Min Investment

₹ 2,82,000

Issue Type

Book Building - SME

Listing Date

Jan 21, 2026

Indo SMC Ltd IPO Dates

Jan 13, 2026

Opening date

Jan 16, 2026

Closing date

Jan 19, 2026

Basis of Allotment

Jan 20, 2026

Initiation of Refunds

Jan 20, 2026

Credit of Shares

Jan 21, 2026

Listing date

Details

Sector	Type
Sector	Electric Equipment
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	38x	2928000	111265000
NII	164.94x	882000	145474000
Retail	96.13x	2052000	197254000
Employee	0x	0	0
Total	73.57x	6171000	453993000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

38x

164.94x

96.13x

73.57x

2928000

882000

2052000

6171000

111265000

145474000

197254000

453993000

Indo SMC Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	19.94	4.09	0.85
EBITDA	20.77	4.49	1.07
PAT	15.44	3.00	0.46
Total Assets	75.68	28.81	8.39
Share Capital	16.68	0.73	0.65
Total Borrowings	27.00	13.15	7.71
Operating Activities (Net Cash)	16.27	3.40	0.68
Investing Activities (Net Cash)	-7.83	-0.27	0.00
Financing Activities (Net Cash)	27.00	13.15	7.71
Net Cashflow	2.88	0.28	0.03

About Indo SMC Ltd

Our Company was originally incorporated as `INDO SMC PRIVATE LIMITED' a private limited company under the Companies Act, 2013 at Ahmedabad, Gujarat, pursuant to a certificate of incorporation dated September, 27, 2021, issued by the Registrar of Companies, Ahmedabad (RoC). Thereafter, name of our Company was changed from `INDO SMC PRIVATE LIMITED' to `INDO SMC LIMITED', consequent to conversion of our Company from private to public company, pursuant to a special resolution passed by the shareholders of our Company on June 18, 2024 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Ahmedabad on August 07, 2024. Our Company's Corporate Identity Number is U71100GJ2021PLC125904.

The Sheet Moulding Compound (SMC) market contains composite substances crafted from a aggregate of resin, filler, chopped fibres, commonly utilized in car, construction, and electric programs. SMC Issue blessing inclusive of lightweight properties, excessive energy, corrosion resistance, and design flexibility, making it preferred opportunity to metals in many sectors. The growing demand for long lasting and fee-effective materials in transportation, energy, customer items is fuelling SMC adoption internationally. The Fiber-Reinforced Polymer Composites Market size is estimated at USD 79.06 billion in 2025, and is expected to reach USD 102.01 billion by 2030, at CAGR of 5.23% during forecast period (2025-2030).

Peer Comparison:

Aeron composite limited
RMC switch gear limited

Indo SMC Ltd Key Points

Strengths

We possess a highly skilled and experienced team with strong engineering expertise. This talent pool allows us to conceptualize and deliver innovative fixture solutions tailored to our clients' needs.

We have in-house designing team which enables us to manufacture tailor-made products for fulfilment of the client requirements.

We are equipped with hi-tech, advanced machinery that enhances our production capabilities and ensures precision in manufacturing.

We have strong order book from government representing a greater revenue growth enabling us to apply for tenders of greater value in future.

We have wide range of products catering to different sectors like electric utilities, constructions.

Risk

Discrepancy in the address mentioned in Factory License, Consents To Establish (CTE) and Consents to Operate (CTO) and the Lease Deeds of the INDO SMC Limited (Company) Pirana, Ahmedabad Plant Could have legal implications and could impact the company's Operations.

Increase in the prices of raw materials could have an adverse effect on its business, results of operations and financial condition.

The company's revenue is largely dependent on the orders received from the customers through competitive bidding process.

Strategy

Leveraging our industry expertise and customer insights to identify growth opportunities and expand market presence.

Expanding Manufacturing Capacity.

Expanding product offerings to cater to diverse customer needs, tap into new markets, and drive sustained growth.

Increasing market reach by entering new regions and building robust distribution channels to drive growth and enhance global presence.

How To Apply for Indo SMC Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Indo SMC Ltd IPO?

Indo SMC Ltd's IPO offers shares for up to 91.95 It begins on Jan 13, 2026 and ends on Jan 16, 2026.

What is the price of the Indo SMC Ltd IPO?

The price of Indo SMC Ltd IPO ranges between ₹141 to ₹149 per share.

What are the open and close dates for the Indo SMC Ltd IPO?

The Indo SMC Ltd IPO opens on Jan 13, 2026 and closes on Jan 16, 2026.

When will the Indo SMC Ltd IPO be allotted?

The allotment for the Indo SMC Ltd IPO will be finalised on Jan 19, 2026. The shares will be listed on BSE and NSE on Jan 21, 2026.

What is the minimum lot size required for Indo SMC Ltd IPO?

The minimum lot size for Indo SMC Ltd IPO is 2000 shares, priced between ₹141 to ₹149 per share.

What is the GMP of Indo SMC Ltd IPO?

The GMP (Grey Market Premium) of Indo SMC Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Indo SMC Ltd IPO?

To check the allotment status of Indo SMC Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Indo SMC Ltd IPO getting listed?

The Indo SMC Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 13, 2026, and closes on Jan 16, 2026. The allotment is finalised on Jan 19, 2026.

How do you apply for the Indo SMC Ltd IPO?

To apply for the Indo SMC Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.