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Open Date
13 Jan 2026
Close Date
16 Jan 2026
Min Investment
₹298000
Lot Size
2000 Shares
Issue Size
₹91.95 Cr
Price Range
₹141 - ₹149
Listing Date
Jan 21, 2026
The company, INDO SMC Ltd., is involved in the design and manufacture of a variety of goods for electrical, industrial, and infrastructure purposes.Designing, manufacture 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 & Panels, Fiberglass Reinforced Plastic (FRP) Grating, Junction Boxes, Feeder Pillars, & other Power Distribution & Circuit Protection Switchgears.The company has testing laboratories to ensure that their products meet quality requirements as well as proper material content.It is currently operating through four manufacturing facilities situated at Gujarat, Maharashtra, and Rajasthan. The manufacturing unit at Ahmedabad, where it manufactures SMC & FRP products, is equipped with numerous machines and other handling devices to ensure appropriate handling and production.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |
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Earning Expansion
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The company will utilise ₹25.71 crore to purchase plant and machinery. The company will utilise ₹52 crore towards working capital requirements of the business Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure
27.94%
Working capital
56.52%
General corporate purposes
15.54%
The company will utilise ₹25.71 crore to purchase plant and machinery.
The company will utilise ₹52 crore towards working capital requirements of the business
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 112.62 | 138.78 | 28.06 | 7.30 |
| EBITDA | 17.19 | 22.83 | 5.08 | 1.15 |
| Expenses | ||||
| Profit After Tax | 11.46 | 15.44 | 3.00 | 0.46 |
| Assets | 147.67 | 99.94 | 36.32 | 13.85 |
| Net Worth | 47.14 | 35.69 | 5.79 | 1.17 |
| Reserves | 30.46 | 19.00 | 5.06 | 0.52 |
| Borrowing | 49.35 | 35.76 | 17.70 | 10.43 |
Mr. Nitin Jasvantbhai Patel
Mr. Neel Niteshbhai Shah
Mrs. Riktabahen Sonawala
Mr. Chaitanya Patel
Mr. Rachit Jain
82.30%
60.07%
INDO SMC
809, Shilp Zaveri Shyamal Cross Road, Vejalpur, Shyamal, Ahmedabad, Gujarat, 380006