Investors are gearing up for the upcoming Indo SMC Limited Initial Public Offering (IPO), which has been generating a buzz in the market with a notable 24% Grey Market Premium (GMP). This indicates strong demand and positive investor sentiment ahead of the official subscription window. Here’s a detailed rundown of what you need to know about the Indo SMC IPO, including its price band, subscription details, issue size, and other important facts.

**IPO Overview and Backing**
Indo SMC Limited is set to open its SME segment IPO on January 13, 2026, closing on January 15, 2026. The company has attracted attention partly due to backing from the acclaimed investor Ashish Kacholia, who holds a stake of 3.36% in the firm. This endorsement is adding to investor confidence in the issue.

**Price Band and Issue Size**
The IPO is priced in a band between Rs 141 and Rs 149 per share, with the face value set at Rs 10. The total issue size is approximately Rs 91.95 crore. Investors will need to apply in multiples of a lot size of 1,000 shares, implying a minimum investment of around Rs 1,49,000 at the upper end of the price band.

**Grey Market Premium (GMP)**
A standout feature of this IPO is the 24% GMP observed in the grey market, suggesting that investors are willing to pay a significant premium over the issue price in anticipation of strong listing gains. This shows robust demand even before the IPO officially opens for subscription, highlighting the market optimism surrounding Indo SMC.

**Company Financial Snapshot**
Indo SMC has demonstrated solid financial performance recently. For the first half of the fiscal year 2026 (H1 FY26), the company reported revenues from operations of Rs 112.50 crore and an impressive net profit of Rs 11.40 crore. This healthy financial track record supports the rationale for investor interest.

**Subscription and Application Details**
The IPO opens on January 13 and will close on January 15, allowing investors a three-day window to apply. Given the lot size and price band, the minimum application amount is substantial, so prospective investors should plan their investments accordingly. As per typical SME IPO allocations, shares are reserved across categories including retail investors, non-institutional investors, and anchor investors.

**Listing and Market Outlook**
The shares of Indo SMC Ltd are expected to list on January 20, 2026. Market watchers are keeping a close eye on this IPO because of its compelling GMP and the company’s stable financial position. The sector is showing a mix of volatility and opportunities, making this IPO an interesting proposition for investors looking for exposure in the SME segment.

**Why Investors Are Interested?**
Several factors contribute to the strong interest in the Indo SMC IPO:
– Backing by a respected investor (Ashish Kacholia)
– Solid financials with growing revenue and profit
– Attractive GMP indicating potential for listing gains
– Reasonable price band making it accessible for serious investors in the SME space

To sum it up, the Indo SMC IPO stands out as one of the noteworthy opportunities in the early 2026 IPO calendar. With a premium of 24% in the grey market and strong backing, it beckons investors who are keen on SME offerings with growth potential. As always, investors should perform their due diligence and consider their risk appetite before applying.

Stay tuned for real-time subscription updates and more insights as the subscription period progresses. The market volatility makes it even more crucial to stay informed and make decisions based on comprehensive data and expert analysis.