Established in 2021, Indo SMC Limited operates across three key verticals—Sheet Moulding Compound (SMC) products, Fiberglass Reinforced Plastic (FRP) products, and electrical components including current and potential transformers. For its SME IPO, Indo SMC Limited has set a price band of Rs. 141 to Rs. 149 per share. The company’s shares will open for subscription on Tuesday, January 13, 2026 and closes on Thursday, January 15, 2026. These will be listed on the BSE SME.
- Issue Opens: January 13, 2026
- Issue Closes: January 15, 2026
- Price band: Rs 141 to Rs 149
- Minimum Bid: 2000 Equity Shares
- Listing: BSE SME
The issue is backed by Ashish Kacholia who holds 3.36%, underscoring strong investor confidence in the company’s growth strategy, execution capabilities, and business fundamentals. The issue proceeds will be utilized to meet out capital expenditure of the company to purchase Plant and Machinery, Funding working capital requirements and general corporate purposes. Retail investors need to contribute a minimum of Rs 2,98,800 considering the minimum two lots size for an application is 2000 shares.
In FY25, the company reported Total Income of ₹13,877.92 lakh with a Profit After Tax (PAT) of ₹1,544.09 lakh, underscoring strong operating leverage and profitability. For the half year ended September 30, 2025, Indo SMC achieved Total Income of ₹11,261.89 lakh and PAT of ₹1,145.51 lakh, demonstrating continued growth momentum and margin stability. The Company had an order book of ₹11,166.50 Lakhs as on November 30, 2025.
The company caters to power distribution, infrastructure, and industrial applications, with a presence across more than 20 Indian states and a growing export footprint. Indo SMC is an approved vendor with multiple State Electricity Boards, DISCOMs, and government utilities. Indo SMC operates state-of-the-art manufacturing facilities in Ahmedabad, Nashik, and Rajasthan.
