Ashish Kacholia-backed Indo SMC IPO to open on January 13. Check GMP, price band, other key details by ET Markets | January 9, 2026 1:01 pm | Indian Stocks, Market, News Indo SMC’s Rs 91.95 crore SME IPO, backed by Ashish Kacholia, opens January 13. The issue has a strong grey market premium and healthy order book, with proceeds aimed at plant expansion, working capital, and corporate purposes.