Indo SMC Limited is engaged in manufacturing electrical and composite-based products used in power distribution and industrial applications. The company generates revenue through manufacturing and sale of SMC boxes, FRP products, current transformers, metering cubicles, and electrical enclosures. Its products are widely used in power utilities, infrastructure projects, renewable energy installations, and industrial electrical systems across India.

INDO SMC, an Book Built Issue, amounting to ₹ 91.95 Crore,consisting entirely an Fresh Issue of 0.62 crore shares of ₹ 91.95 Crore.The subscription period for the INDO SMC IPO opens on January 13, 2026, and closes on January 16, 2026. The allotment is expected to be finalized on or about Monday, January 19, 2026, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, January 21, 2026.

The Share Price Band of INDO SMC IPO is set at ₹141 to ₹149 per share  per equity share. The Market Capitalisation of the INDO SMC at IPO price of ₹149 per equity share will be ₹ 340.54 Crores. The lot size of the IPO is 1000 shares. Retail investors are required to invest a minimum of ₹ 298,000, 2 lots ( 2000 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 3000 shares), amounting to ₹ 447,000.

GYR Capital Advisors Private Limited are the book running lead manager of the INDO SMC Ltd. while KFIN TECHNOLOGIES LIMITED is the registrar for the issue, The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd., Nikunj Stock Brokers Ltd.

INDO SMC Limited IPO GMP Today
The Grey Market Premium of INDO SMC IPO is expected to be ₹15 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

INDO SMC Limited IPO Live Subscription Status Today: Real-Time Update
As of 10:30 AM on 17 January 2026, the INDO SMC IPO live subscription status shows that the IPO subscribed 110.49 times on its Final Day of subscription period. Check the INDO SMC IPO Live Subscription Status Today at BSE.

INDO SMC Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
INDO SMC IPO allotment date is Monday, January 19, 2026,  INDO SMC IPO Allotment will be out on Monday, January 19, 2026,  and will be live on Registrar Website from the allotment date.
KFIN TECHNOLOGIES LIMITED IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select INDO SMC IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of INDO SMC Limited IPO
INDO SMC to utilise the Net Proceeds towards the following objects:
1. ₹2,570.67 Lakh is required for Funding capital expenditure of our company to purchase Plant and Machinery
2. ₹5,200.00 Lakh is required for Funding the working capital requirements of the company
3. General Corporate Purposes

Refer to INDO SMC Limited RHP for more details about the Company.