Mumbai, January 12, 2026 – Indo SMC Limited (Symbol: INDOSMC) has finalised its anchor investor allocation ahead of the opening of its initial public offering, with anchor investors committing 17.56 lakh equity shares at ₹149 per share, aggregating to ₹26.18 crore at the upper end of the price band.
The anchor book was concluded on January 12, 2026, a day ahead of the IPO opening, reflecting institutional interest in the issue that opens for subscription on January 13 and closes on January 16, 2026.
Anchor Allocation Details
As per the anchor allocation letter dated January 12, 2026, Indo SMC allotted 17,56,000 equity shares to a diversified set of institutional and non-institutional investors, representing 100 percent of the anchor investor portion, all at a bid price of ₹149 per share .Key Anchor Investors and Allotment
| Anchor Investor |
|---|
| Bengal Finance and Investment Pvt Ltd |
| Vikasa India EIF I Fund – Incube Global Opportunities |
| 360 One LVF Treasury Solutions Fund |
| VentureX Fund I |
| SB Opportunities Fund II |
| Finvest First |
| Shine Star Build Cap Pvt Ltd |
| HDFC Bank Limited |
| Multiple other funds and trusts |
| Total |
[th]
Equity Shares Allotted
[/th][th]Share of Anchor Portion
[/th][th]Bid Price (₹)
[/th][td]
3,05,000
[/td][td]17.37%
[/td][td]149
[/td][td]
1,35,000
[/td][td]7.69%
[/td][td]149
[/td][td]
1,18,000
[/td][td]6.72%
[/td][td]149
[/td][td]
1,16,000
[/td][td]6.61%
[/td][td]149
[/td][td]
1,01,000
[/td][td]5.75%
[/td][td]149
[/td][td]
1,01,000
[/td][td]5.75%
[/td][td]149
[/td][td]
1,01,000
[/td][td]5.75%
[/td][td]149
[/td][td]
68,000
[/td][td]3.87%
[/td][td]149
[/td][td]
Balance
[/td][td]—
[/td][td]149
[/td][td]
17,56,000
[/td][td]100%
[/td][td]—
[/td]IPO Snapshot
| Particulars | Details |
|---|---|
| Issue Period | January 13–16, 2026 |
| Price Band | ₹141 to ₹149 per share |
| Issue Size | 61,71,000 equity shares |
| Face Value | ₹10 per share |
| Market Lot | 1,000 shares |
| Minimum Bid Quantity | 2,000 shares |
| Investor Categories | FI, IC, MF, FII, OTH, CO, IND, NOH |
| UPI Eligible Category | IND |
About the Company
Indo SMC Limited is an India-based manufacturing company with operations spread across industrial locations in Gujarat and Maharashtra. The company is proposing to list its equity shares on the domestic exchanges through the ongoing IPO.Source:
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