Initial Public Offerings (IPOs)

INDO SMC IPO (BSE SME)

₹149,000 /1000 shares

Minimum Investment

INDO SMC IPO (BSE SME) Details

Min. Investment

₹149,000

Lot Size

1000

Price Range

₹141 to ₹149

Issue Size

₹92 Cr

About INDO SMC Ltd

INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products catering to electrical, industrial, and infrastructural applications.

Subscription Figures 15 Jan, 2026 00:15

  • QIB 0x
  • NII 2.62x
  • NII ( >10 lakh) 2.95x
  • NII ( <10 lakh) 1.95x
  • Retail 0.32x
  • Total 0.4x

Strengths & Financials of INDO SMC Ltd

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Jan 13, 2026
Bid/Offer Closes On Jan 16, 2026
Finalisation of Basis of Allotment Jan 16, 2026
Initiation of Refunds Jan 19, 2026
Credit of Shares to Demat Acct Jan 19, 2026
IPO Shares Listing Date Jan 20, 2026

Company Promoters

1. Mr. Nitin Jasvantbhai Patel
2. Mr. Neel Niteshbhai Shah
3. Mrs. Riktabahen Sonawala
4. Mr. Chaitanya Patel and Mr. Rachit Jain are the promoters of the company.\r\n

Lead Managers

1. GYR Capital Advisors Pvt.Ltd.

Contact Information

  • INDO SMC Ltd 809, Shilp Zaveri Shyamal Cross Road, Vejalpur, Shyamal, Ahmedabad, Gujarat, 380006
  • Phone No : +91 7575812866
  • Email : cs@indosmc.com
  • Website : https://indosmc.com/

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