diff --git a/packages/fuel-indexer-database/database-types/src/lib.rs b/packages/fuel-indexer-database/database-types/src/lib.rs
index bb97bff11..3178fe087 100644
--- a/packages/fuel-indexer-database/database-types/src/lib.rs
+++ b/packages/fuel-indexer-database/database-types/src/lib.rs
@@ -569,6 +569,8 @@ impl RegisteredIndexer {
     Debug, Clone, Copy, PartialEq, Eq, Serialize, Deserialize, EnumString, strum::Display,
 )]
 pub enum IndexerStatusKind {
+    #[strum(serialize = "instantiating")]
+    Instantiating,
     #[strum(serialize = "starting")]
     Starting,
     #[strum(serialize = "running")]
@@ -590,6 +592,13 @@ pub struct IndexerStatus {
 }
 
 impl IndexerStatus {
+    pub fn instantiating() -> Self {
+        IndexerStatus {
+            status_kind: IndexerStatusKind::Instantiating,
+            status_message: "".to_string(),
+        }
+    }
+
     pub fn starting() -> Self {
         IndexerStatus {
             status_kind: IndexerStatusKind::Starting,
diff --git a/packages/fuel-indexer/src/executor.rs b/packages/fuel-indexer/src/executor.rs
index f6e176e48..e5cb657d5 100644
--- a/packages/fuel-indexer/src/executor.rs
+++ b/packages/fuel-indexer/src/executor.rs
@@ -779,12 +779,35 @@ impl WasmIndexExecutor {
     ) -> IndexerResult<Self> {
         let uid = manifest.uid();
 
-        match WasmIndexExecutor::new(config, manifest, wasm_bytes, pool, schema_version)
-            .await
+        let mut conn = pool.acquire().await?;
+        queries::set_indexer_status(
+            &mut conn,
+            manifest.namespace(),
+            manifest.identifier(),
+            IndexerStatus::instantiating(),
+        )
+        .await?;
+
+        match WasmIndexExecutor::new(
+            config,
+            manifest,
+            wasm_bytes,
+            pool.clone(),
+            schema_version,
+        )
+        .await
         {
             Ok(executor) => Ok(executor),
             Err(e) => {
                 error!("Could not instantiate WasmIndexExecutor({uid}): {e:?}.");
+                let mut conn = pool.acquire().await?;
+                queries::set_indexer_status(
+                    &mut conn,
+                    manifest.namespace(),
+                    manifest.identifier(),
+                    IndexerStatus::error(format!("{e}")),
+                )
+                .await?;
                 Err(IndexerError::WasmExecutionInstantiationError)
             }
         }