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Indo Smc Ipo


INDO SMC IPO Review & Key Points

  • Review:

IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Pvt.Ltd.

ApplicationLot SizeSharesAmount
Retail Minimum22,000₹2,98,000
Retail Maximum22,000₹2,98,000
S-HNI Minimum33,000₹4,47,000
S-HNI Maximum66,000₹8,94,000
B-HNI Minimum77,000₹10,43,000

Investor CategoryShare Offered-% Shares
Anchor Investor17,56,000 Shares28.46%
QIB (Ex. Anchor)11,72,000 Shares18.99%
NII Shares Offered8,82,000 Shares14.29%
Retail Shares Offered20,52,000 Shares33.25%

Anchor Bidding DateJanuary 12, 2026
Anchor Investors List
Shares Offered17,56,000 Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) February 15, 2026
lock-in period end date 50% shares (90 Days) April 16, 2026

IPO Open Date:January 13, 2026
IPO Close Date:January 15, 2026
Basis of Allotment:January 16, 2026
Refunds:January 19, 2026
Credit to Demat Account:January 19, 2026
IPO Listing Date:January 20, 2026
IPO Bidding Cut-off Time:January 15, 2026 – 5 PM

ParticularShares% Share
Promoter Holding Pre Issue1,66,84,35082.30%
Promoter Holding Post Issue2,28,55,35060.07%

PurposeCrores
Funding capital expenditure of the company to purchase Plant and Machinery₹25.71
Funding the working capital requirements of the company₹52.00
General Corporate Purposes₹-

Period EndedRevenueExpensePATAssets
2023₹7.30₹6.66₹0.46₹99.94
2024₹28.06₹24.37₹3.00₹99.94
2025₹138.78₹119.67₹15.44₹13.85
September 2025₹112.62₹98.58₹11.46₹147.67

KPIValues
ROE:74.45%
ROCE:31.39%
EBITDA Margin:16.45%
PAT Margin:11.13%
Debt to equity ratio: 1.00
Earning Per Share (EPS):₹9.61 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):43.27%
Net Asset Value (NAV):₹21.39

CompanyEPSPE RatioRoNW %NAVIncome
Aeron composite limited7.8413.0113.21%59.33220.76 Cr.
RMC switch gear limited29.8114.7529.40%101.39319.42 Cr.

IPO Open DateJanuary 13, 2026
IPO Close DateJanuary 15, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹141 to ₹149 Per Share
Issue SizeApprox ₹92 Crores
Fresh IssueApprox ₹92 Crores
Issue TypeBook Build Issue
IPO ListingBSE SME
DRHP Draft Prospectus
RHP Draft Prospectus

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