| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹91.95 Cr |
| Reserved for Market Maker | ₹4.60 Cr |
| Net Issue Size | ₹91.95 Cr |
| Fresh Issue | ₹87.34 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน141.00-149.00 per share |
| BSE Code | 544681 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares ยท Multiples of 1,000 shares
INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products catering to electrical, industrial, and infrastructural applications.
The company design and manufacturing 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 and panels, fiberglass reinforced plastic (“FRP”) Grating, junction boxes, feeder pillars and other power distribution and circuit protection switchgears.
The company has in-house testing laboratories to ensure products meet quality requirements and suitable material composition.
The company currently operate through four manufacturing facility, located at Gujarat, Maharashtra and Rajasthan. The manufacturing facility at Ahmedabad where they manufacture SMC and FRP products, comes equipped with a variety of machinery and other handling tools to guarantee appropriate product handling and efficient production.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure of the company to purchase Plant and Machinery | 25.71 |
| 2 | Funding the working capital requirements of the Company | 52.00 |
| 3 | General Corporate Purposes | 6.89 |
| Total | 84.60 |
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 147.67 | 99.94 | 36.32 | 13.85 |
| Total Income | 112.62 | 138.78 | 28.06 | 7.30 |
| Profit After Tax | 11.46 | 15.44 | 3.00 | 0.46 |
| EBITDA | 17.19 | 22.83 | 5.08 | 1.15 |
| NET Worth | 47.14 | 35.69 | 5.79 | 1.17 |
| Reserves and Surplus | 30.46 | 19.00 | 5.06 | 0.52 |
| Total Borrowing | 49.35 | 35.76 | 17.70 | 10.43 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 27.66% | 74.45% |
| ROCE | 17.50% | 31.39% |
| Debt / Equity | 1.05% | 1.00% |
| RoNW | 24.30% | 43.27% |
| PAT Margin | 10.18% | 11.13% |
| EBITDA Margin | 15.27% | 16.45% |
| Price to Book Value | 5.27 | 6.97 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.25 | 10.02 |
| P/E (x) | 16.1 | 14.86 |
| Promoter Holding | 82.30% | 60.07% |
| Market Cap | โน340.54 Cr. | |