INDO SMC IPO Date, Price, GMP, Review, Analysis & Details

INDO SMC Ltd IPO

The INDO SMC IPO is a book-built SME issue of ₹91.95 crores, entirely a fresh issue of 0.62 crore equity shares. The IPO opens for subscription on Jan 13, 2026 and closes on Jan 15, 2026, with allotment expected on Jan 16, 2026 and tentative listing on BSE SME on Jan 20, 2026. The price band is set at ₹141 to ₹149 per share, with a lot size of 1,000 shares. Retail investors need a minimum of 2 lots (2,000 shares), amounting to ₹2,98,000 at the upper price band, while HNIs require a minimum of 3 lots (3,000 shares) for ₹4,47,000.

GYR Capital Advisors Pvt. Ltd. is the book running lead manager, Kfin Technologies Ltd. is the registrar, and market makers are Giriraj Stock Broking Pvt. Ltd. and Nikunj Stock Brokers Ltd.