It was with the inception of Indore Institute of Science & Technology (IIST) in the year 2003 that Shail Group started on its journey in the field of Education under the auspices of Shail Educational Welfare Society. IIST has, ever since maintained its reputation as one of the top engineering college in Indore (MP) imparting top notch education in the field of Science and Technology. The institute today offers wide range of courses in Mechanical, Electronics & Communication, Computer Science, Information Technology,Computer Engineering, Civil and Chemical Engineering. It also runs post graduate courses in Mechanical, CS and EC. The institute also offers Masters Degree in Business Administration (MBA) to meet the growing requirements of management professionals.

Students at IIST mostly hail from semi-urban areas and as such the institution arranges for upgrading their "English Communication Skills" through a computerized "Language Lab". Furthermore, to ensure all round development of students and to prepare them for the tough battles that await them in the intensely competitive corporate set-up of the modern times the institute conducts "Personality Development" sessions from the very first year which are presided by top notch Soft Skill Trainers and Clinical Psychologists.

IIST holds the distinction for being accredited for campus placements by TCS and ESSAR. Furthermore, to help their students overcome their skill deficit the institute has tied up with IBM Career Education Program as well as ORACLE for their WDP and MICROSOFT for Academic Alliance. Academic excellence of the institutions got reflected during the NBA accreditation process.