Indo SMC SME IPO Subscription
ListedUpdated 21 January 2026, 9:15 AM IST· BSE SME
Indo SMC SME IPO subscription closed on 16 January 2026 at 110.57x overall by shares. QIB demand came in at 94.94x, NII at 164.94x, and retail at 96.13x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 19 January 2026. Listing date on NSE and BSE is 21 January 2026.
Indo SMC SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 13 Jan 2026 | 0.00x | 1.00x | 1.60x | 1.01x |
| Day 2 - 14 Jan 2026 | 0.00x | 2.25x | 3.13x | 2.05x |
| Day 3 - 16 Jan 2026 | 94.94x | 164.59x | 96.13x | 110.49x |
Indo SMC SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Indo SMC SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 96.13x | 1 in 96 |
| SHNI (Rs 2L to Rs 10L) | 101.93x | 1 in 102 |
| BHNI (above Rs 10L) | 79.71x | 1 in 80 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Indo SMC SME IPO Allotment Status page from 19 January 2026 for your result.
Indo SMC SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 149.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 17.46 Cr | Rs 1,657.85 Cr | 94.94x |
| FII | - | Rs 347.10 Cr | - |
| DFI | - | Rs 102.99 Cr | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 1,207.76 Cr | - |
| NII | Rs 13.14 Cr | Rs 2,167.56 Cr | 164.94x |
| bNII (above Rs 10L) | Rs 8.76 Cr | Rs 1,698.73 Cr | 193.89x |
| Corporate | - | Rs 32.35 Cr | - |
| Individual | - | Rs 1,652.45 Cr | - |
| Other | - | Rs 13.93 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.38 Cr | Rs 468.83 Cr | 107.02x |
| Corporate | - | Rs 4.14 Cr | - |
| Individual | - | Rs 454.05 Cr | - |
| Other | - | Rs 10.64 Cr | - |
| IND | Rs 30.57 Cr | Rs 2,939.08 Cr | 96.13x |
| Fixed price | - | Rs 2,939.08 Cr | - |
| Total | Rs 61.18 Cr | Rs 6,764.50 Cr | 110.57x |
Indo SMC SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,172 | 92 | 0.08x |
| FII | - | 23 | - |
| DFI | - | 3 | - |
| Mutual Funds | - | - | - |
| Other | - | 66 | - |
| NII | 294 | 25,612 | 87.12x |
| bNII (above Rs 10L) | 196 | 15,623 | 79.71x |
| Corporate | - | 261 | - |
| Individual | - | 15,232 | - |
| Other | - | 130 | - |
| sNII (Rs 2L to Rs 10L) | 98 | 9,989 | 101.93x |
| Corporate | - | 91 | - |
| Individual | - | 9,661 | - |
| Other | - | 237 | - |
| IND | 1,026 | 98,627 | 96.13x |
| Fixed price | - | 98,627 | - |
| Total | 2,492 | 1,24,331 | 49.89x |
What Do These Subscription Numbers Mean?
110.57x overall by shares means bids covered about 111 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 94.94x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (87.12x by applications). Split: SHNI 101.93x, BHNI 79.71x by applications. SHNI and BHNI allotment is by lottery.
At 96.13x subscription by applications, about 1 in 96 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Indo SMC SME IPO GMP After Subscription
GMP for Indo SMC SME stands at Rs 12.00 today, giving an estimated listing price of Rs 161.00 per share.
The GMP has been mixed from Rs 25.00 on 7 Jan 2026 to Rs 25.00 on 19 Jan 2026.
A subscription of 110.57x combined with a GMP of 8.05% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Indo SMC SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Indo SMC SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 13 January 2026 |
| IPO Close Date | 16 January 2026 |
| Allotment Date | 19 January 2026 |
| Refund Initiation | 20 January 2026 |
| Share Credit to Demat | 20 January 2026 |
| Listing Date | 21 January 2026 |
| Minimum Investment | Rs 2,98,000.00 |
| Lot Size | 1000 shares |
About Indo SMC SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Indo SMC SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Indo SMC SME Details
Issue size, price, financials, and company info
Indo SMC SME GMP
Live grey market premium and listing estimate
Indo SMC SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Indo SMC SME Allotment
Allotment date, chances, and check by PAN
Indo SMC SME Review
SWOT, strengths, risks, and IPO review
Indo SMC SME FAQ
Common questions on dates, GMP, and allotment
Indo SMC SME Registrar
Registrar website and how to check allotment
Indo SMC SME Timeline
Open, close, allotment, and listing dates
Indo SMC SME News
Updates, blogs, and latest IPO news
Indo SMC SME IPO Subscription FAQs
What is Indo SMC SME IPO subscription status today?
Indo SMC SME IPO subscription closed on 16 January 2026 with overall subscription of 110.57x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 94.94x, NII 87.12x, IND 96.13x.
What is the overall subscription of Indo SMC SME IPO?
Indo SMC SME IPO is subscribed 110.57x overall by shares at close on 16 January 2026. QIB 94.94x, NII 87.12x, and IND 96.13x.
What is Indo SMC SME IPO QIB subscription?
Indo SMC SME IPO QIB (Qualified Institutional Buyers) subscription is 94.94x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Indo SMC SME IPO IND subscription?
Indo SMC SME IPO IND subscription is 96.13x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Indo SMC SME IPO NII, SHNI, and BHNI subscription?
Indo SMC SME IPO NII subscription is 87.12x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 101.93x and BHNI (above Rs 10L) at 79.71x.
What are Indo SMC SME IPO retail allotment chances?
At 96.13x subscription by applications, about 1 in 96 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Indo SMC SME IPO SHNI allotment chances?
At 101.93x subscription by applications, about 1 in 102 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 107.02x. Allotment chances use applications, not share volume.
What are Indo SMC SME IPO BHNI allotment chances?
At 79.71x subscription by applications, about 1 in 80 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 193.89x. Allotment chances use applications, not share volume.
When is Indo SMC SME IPO allotment date?
Indo SMC SME IPO allotment date is 19 January 2026. Check Indo SMC SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Indo SMC SME IPO subscription close?
Indo SMC SME IPO subscription closed on 16 January 2026. No new applications are accepted after the close.
What is Indo SMC SME IPO GMP today?
Indo SMC SME IPO GMP is ₹12 today (+8.05% over issue price ₹149). See live GMP on the Indo SMC SME IPO GMP Today page.
What is Indo SMC SME IPO issue price and lot size?
Indo SMC SME IPO issue price is ₹149 per share. Lot size is 1000 shares. Minimum investment is ₹2,98,000 per lot (minimum 2 lots for SME). Issue size: ₹87.34 Cr.
When is Indo SMC SME IPO listing date?
Indo SMC SME IPO listing date is 21 January 2026 on NSE and BSE. Allotment is on 19 January 2026.
How does subscription affect Indo SMC SME IPO allotment?
In Indo SMC SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 110.57x overall, competition is very high.
For allotment results from 19 January 2026, visit the Indo SMC SME IPO Allotment Status page. For listing day updates on 21 January 2026, download the IPOwiz App.
Sources
We match Indo SMC SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.