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INDO SMC IPO IPO

SME13 Jan 202616 Jan 2026
Open
13 Jan 2026
Close
16 Jan 2026
3
Allotment
Listing
Wed, Jan 21, 2026
Price Band
₹141 to ₹149
Issue Size
61,71,000 shares (agg. up to ₹92 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Jan 21, 2026
Latest GMP
₹10
Est. Gain
6.71%
✦ AI Insight

GMP Trend

21-01-202610Est. ₹159+6.71%
20-01-202610Est. ₹159+6.71%
19-01-202619Est. ₹168+12.75%

Live Subscription

CategorySubscription (times)
Total77.38x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets147.6799.9436.3213.85
Total Income112.62138.7828.067.30
Profit After Tax11.4615.443.000.46
EBITDA17.1922.835.081.15
NET Worth47.1435.695.791.17
Reserves and Surplus30.4619.005.060.52
Total Borrowing49.3535.7617.7010.43
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Sugs Lloyd Ltd.SME₹85.66 Cr₹12311.91₹125.85+2.32%₹138.15 (-4.16%)
Parth Electricals & Engineering Ltd.SME₹49.67 Cr₹17018.05₹182.70+7.47%₹422.60 (+4.99%)
Smarten Power Systems Ltd.SME₹50.00 Cr₹10011.75₹151.20+51.20%₹60.00 (-0.74%)
Eppeltone Engineers Ltd.SME₹43.96 Cr₹12810.86₹255.35+99.49%₹110.00 (-0.68%)
ATC Energies System Ltd.SME₹63.76 Cr₹11817.4₹101.65-13.86%₹23.50 (+0.43%)
Fujiyama Power Systems Ltd.Mainboard₹828.00 Cr₹22840.85₹208.44-8.58%₹365.15 (-0.42%)
Emmvee Photovoltaic Power Ltd.Mainboard₹2,900.00 Cr₹21734.9₹219.40+1.11%₹345.05 (-5.73%)
Saatvik Green Energy Ltd.Mainboard₹900.00 Cr₹46524.35₹440.70-5.23%₹466.40 (-0.24%)
Mangal Electrical Industries Ltd.Mainboard₹400.00 Cr₹56124.31₹535.35-4.57%₹297.65 (+1.03%)
Vikram Solar Ltd.Mainboard₹2,079.37 Cr₹33275.16₹356.40+7.35%₹192.22 (-1.28%)
Prostarm Info Systems Ltd.Mainboard₹168.00 Cr₹10519.75₹126.00+20.00%₹127.32 (-1.39%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure of the company to purchase Plant and Machinery25.71
2Funding the working capital requirements of the Company52.00
3General Corporate Purposes6.89
4Issue expenses7.35
Total91.95

About INDO SMC IPO

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 Range Strong Manufacturing Capabilities Industry Expertise and Leadership Robust Quality Assurance and control Established relationship with customers + Read

Contact Details

INDO SMC Ltd. Address809, Shilp Zaveri Shyamal Cross RoadVejalpur, ShyamalAhmedabad, Gujarat, 380006+91 7575812866cs@indosmc.comVisit Website