Present study reports the PGE-geochemistry of mantle peridotites and Nd-isotope geochemistry of arc related mafic rocks from the Indus Suture Zone (ISZ), western Ladakh. The total PGE concentration of the Shergol and Suru Valley peridotites (∑PGE=96–180 ppb) is much higher than that of the primitive mantle and global ophiolitic mantle peridotites. The studied peridotites show concave upward PGE-distribution patterns with higher palladium-group PGE/Iridium-group PGE ratios (i.e., 0.8–2.9) suggesting that the partial melting is not the sole factor responsible for the evolution of these peridotites. The observed PGE-distribution patterns are dis-tinct from residual/refractory mantle peridotites, which have concave downward or flat PGE-distribution pat-terns. Relative enrichment of palladium-group PGE as well as other whole-rock incompatible elements (e.g., LILE and LREE) and higher Pd/Ir ratio (1.1–5.9) reflects that these peridotites have experienced fluid/melt interaction in a supra-subduction zone (SSZ) tectonic setting. Also, the Shergol mafic intrusives and Dras mafic volcanics, associated with the studied peridotites, have high 143Nd/144Nd ratios (i.e., 0.512908–0.513078 and 0.512901–0.512977, respectively) and positiveεNd(t) (calculated for t=140 Ma) values (i.e.,+5.3 to+8.6 and+5.1 to+6.6, respectively), indicating derivation from depleted mantle sources within an intra-oceanic arc setting, similar to Spongtang and Nidar ophiolites from other parts of Ladakh Himalaya. The transition from SSZ-type Shergol and Suru Valley peridotites to Early Cretaceous tholeiitic Shergol mafic intrusives followed by tholeiitic to calc-alkaline Dras mafic volcanics within the Neo-Tethys Ocean exhibit characteristics of subduction initiation mechanism analogous to the Izu-Bonin-Mariana arc system within western Pacific.