INDO SMC IPO Opens Tomorrow: Ashish Kacholia-Backed Company Shows Strong Financial Growth
Published on: Jan. 12, 2026, 7:26 p.m. | Source: scanx.trade
INDO SMC Limited's ₹91.95 crore SME IPO opens January 13th with price band ₹141-149, backed by investor Ashish Kacholia. The electrical equipment manufacturer showed exceptional growth with 395% revenue increase to ₹138.70 crores in FY25. The company operates three business verticals across four manufacturing facilities and maintains strong financial metrics with 27.66% ROE.
