
Materials & Chemicals · BSE
INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products serving electrical, industrial, and infrastructure applications, including enclosure boxes for energy meters, high and low tension current and potential transformers, LT/HT distribution boxes and panels, FRP gratings, junction boxes, feeder pillars, and other power distribution and circuit protection switchgears. The company has in-house testing laboratories to ensure quality standards and appropriate material composition, and currently operates four manufacturing facilities located across Gujarat, Maharashtra, and Rajasthan, with its Ahmedabad unit dedicated to SMC and FRP products and equipped with advanced machinery and handling systems to support efficient and reliable production.
Price Band
₹141 – ₹149
Issue Size
₹91.94 Cr
Lot Size
1000 shares
GMP
+4.0%
Est. Listing
₹155
at current GMP
Subscribed
110.45x
overall
Open
13 Jan 2026
Close
16 Jan 2026
Allotment
19 Jan 2026
Refund
20 Jan 2026
Demat Credit
21 Jan 2026
Listing
21 Jan 2026
Designated Registrar: Kfin Technologies Limited
Allotment Date
19 Jan 2026
Basis finalization
Refunds Initiate
20 Jan 2026
Mandate release
Demat Credit
21 Jan 2026
Shares in demat
Listing Debut
21 Jan 2026
Trading begins
INDO SMC Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹91.94 Crores. The shares are offered at a price band of ₹141 to ₹149 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-01-16, the basis of allotment is scheduled to be finalized on 2026-01-19. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.