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INDO SMC

INDO SMC

Open Date

13 Jan 2026

Close Date

16 Jan 2026

listed

Min Investment

₹298000

Lot Size

2000 Shares

Issue Size

₹91.95 Cr

Price Range

₹141 - ₹149

Listing Date

Jan 21, 2026

IPO Doc

RHP PDF

About INDO SMC

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.

Checklist Quality Analysis

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

9.5(+6.04%)GMP
6.38%Prediction Listing Gain

INDO SMC IPO - Issue Objectives

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%

1

Capital expenditure

The company will utilise ₹25.71 crore to purchase plant and machinery.

27.94%
2

Working capital

The company will utilise ₹52 crore towards working capital requirements of the business

56.52%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

15.54%

IPO Subscription Status

Retails
94.73x
QIB
2.65x
NII
160.07x

Financials of INDO SMC

In Cr.

Revenue: ₹112.62

EBITDA: ₹17.19

Profit: ₹11.46

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue112.62138.7828.067.30
EBITDA17.1922.835.081.15
Expenses
Profit After Tax11.4615.443.000.46
Assets147.6799.9436.3213.85
Net Worth47.1435.695.791.17
Reserves30.4619.005.060.52
Borrowing49.3535.7617.7010.43

INDO SMC - Promoter(s)

Mr. Nitin Jasvantbhai Patel

Mr. Neel Niteshbhai Shah

Mrs. Riktabahen Sonawala

Mr. Chaitanya Patel

Mr. Rachit Jain

Pre Issue Share Holding

82.30%

Post Issue Share Holding

60.07%

Contact Details

INDO SMC

809, Shilp Zaveri Shyamal Cross Road, Vejalpur, Shyamal, Ahmedabad, Gujarat, 380006

Registrar Contact Details

INDO SMC IPO - FAQs

INDO SMC IPO is a SME IPO. The issue is priced at ₹141-149 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on 13 Jan, and closes on 16 Jan. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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