**Indo SMC Limited** is a manufacturer specializing in Sheet Moulding Compound (SMC) products, Fiber-Reinforced Polymer (FRP) components, and Pultrusion products. Incorporated in September 2021 as Indo SMC Private Limited, the Ahmedabad-based company changed its status to a public limited entity as *Indo SMC Limited* in August 2024. It operates four manufacturing facilities located in Gujarat, Maharashtra, and Rajasthan, catering to diverse industrial needs.
The company's operations are divided into three key segments: the SMC division, FRP production, and electrical components. Products include SMC enclosure boxes for energy meters, SMC sheets and chequered plates, FRP pultruded products, moulded gratings, and storage tanks, along with electrical components such as HTCT, LTCT, feeder pillars, and circuit protection devices. These offerings are widely used in applications such as energy distribution, construction, automotive, and other industrial functions.
Indo SMC's SMC-based electricity meter boxes are designed for India's growing power distribution market, offering solutions resistant to corrosion, UV radiation, and harsh weather conditions. Its FRP products provide a lightweight yet durable alternative to metals, requiring less maintenance and offering extended longevity. These features position the company as a reliable supplier for customers demanding durable, low-maintenance materials.
To facilitate future growth, the company is launching an initial public offering (IPO) with a fresh issue of 62,00,000 equity shares, each priced with a face value of Rs. 10. This fundraising initiative is likely aimed at expanding operations and capitalizing on its position in the growing markets for electrical infrastructure and industrial materials.