Indo-MIM IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Industrial Equipments
Established in 1996, Indo-MIM is a global leader in the manufacturing of precision-engineered components using Metal Injection Molding (MIM) technology. The company provides comprehensive, end-to-end manufacturing solutions, covering product design support, mold design, tooling, metal injection…
Open Date
Thu, 23 Jul 2026
Close Date
Mon, 27 Jul 2026
Price Band
₹ 461 – 485
Lot Size
30
Issue Size
₹ 3,811.21 Cr
Minimum Investment
₹ 14,550 (30 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Indo-MIM IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹3,811 Crore, comprising a fresh issue of 1.03 Crore equity shares aggregating to ₹499.10 Crore and an offer for sale (OFS) of 6.83 Crore equity shares aggregating to ₹3,311.21 Crore by the existing shareholders.
The Indo-MIM IPO remained open for subscription from July 23, 2026, to July 27, 2026. The basis of allotment was finalized on July 28, 2026, and the company's shares were listed on the NSE and BSE on July 30, 2026.
The company had fixed the price band at ₹461 to ₹485 per share, with a lot size of 30 shares. Retail investors were required to make a minimum investment of ₹14,550 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 200,000 equity shares for eligible employees, who received a discount of ₹45 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Axis Capital Limited, ICICI Securities Limited, HDFC Bank Limited, SBI Capital Markets Limited, and Kotak Mahindra Capital Company Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Indo-MIM Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Indo-MIM IPO Timeline (Tentative)
- IPO Open Date
- Thu, 23 Jul 26
- IPO Close Date
- Mon, 27 Jul 26
- Basis of Allotment
- Tue, 28 Jul 26
- Initiation of Refunds
- Wed, 29 Jul 26
- Credit of Shares to Demat
- Wed, 29 Jul 26
- Listing Date
- Thu, 30 Jul 26 — NSE & BSE
Open Date
23 July 2026
Close Date
27 July 2026
Basis Of Allotment
28 July 2026
Listing Date
30 July 2026
IPO Subscription
Check Live Subscription →The Indo-MIM IPO has received bids for 3,98,55,10,020 shares against 5,50,93,201 shares offered, resulting in an overall subscription of 72.34x. the NII category is subscribed 50.63x, Retail Investors 6.67x, Employees 9.44x, and QIBs 204.34x. Within the NII category, BNII is subscribed 57.68x, while SNII is subscribed 36.54x.
QIB
204.34x
NII
50.63x
BNII
57.68x
SNII
36.54x
RII
6.67x
EMP
9.44x
Total
72.34x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 2,74,46,600 shares, representing 49.82% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,56,83,772 shares (28.47%), while Non-Institutional Investors (NIIs) receive 1,17,62,829 shares (21.35%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 15,683,772 | 28.47% |
| Non-Institutional | 11,762,829 | 21.35% |
| BNII | 7,841,885 | 14.23% |
| SNII | 3,920,944 | 7.12% |
| Retail Investors | 27,446,600 | 49.82% |
| Employees | 200,000 | 0.36% |
| Total | 55,093,201 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 4897.33 | 4140.84 | 3757.51 |
| Revenue | 4320.7 | 3373.97 | 2900.38 |
| Profit After Tax | 533.54 | 423.73 | 283.73 |
| Net Worth | 2819.55 | 2199.43 | 2050.51 |
| Reserve & Surplus | 2573.46 | 2030.81 | 1889.04 |
| Total Borrowings | 1090.49 | 1247.2 | 1085.01 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Indo-MIM Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 21.26 | 19.94 | 14.01 |
| ROCE % | 26.6 | 23.51 | 19.59 |
| Debt / Equity | 0.39 | 0.57 | 0.53 |
| RoNW % | 21.26 | 19.94 | 14.01 |
| Pat Margin % | 12.72 | 12.73 | 9.88 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Indo-MIM Ltd | 1 | 0 | 11.06 | 10.87 | 21.26 | 58.24 |
| Jiangsu Gian Technology Co, Ltd | 0 | 148 | 3.91 | 3.77 | 3.1 | 165.13 |
About Indo-MIM Limited
Established in 1996, Indo-MIM is a global leader in the manufacturing of precision-engineered components using Metal Injection Molding (MIM) technology. The company provides comprehensive, end-to-end manufacturing solutions, covering product design support, mold design, tooling, metal injection molding, secondary finishing, and final assembly.
In addition to its core MIM expertise, Indo-MIM leverages advanced manufacturing technologies such as investment casting, precision machining, ceramic injection molding (CIM), and metal additive manufacturing (3D metal printing). These capabilities enable the company to serve a broad range of industries with high-precision, complex components.
During FY2025, the company manufactured over 6,400 products and served more than 1,000 customers across industries including automotive, defence, medical, consumer goods, and aerospace.
Product Portfolio
Automotive
- Components for safety systems
- Fuel system parts
- Powertrain components
- Interior system parts
Defence
- Precision firearm components, including triggers, hammers, sights, and other critical parts
Medical
- Components for minimally invasive surgical devices, including endoscopy and laparoscopy equipment
- Dental robotics parts
- Orthopedic implant and instrument components
Consumer
- Fashion accessories
- Crossbow components
- Mobile phone parts
- Hand tools and hardware components
Aerospace
- Manifolds
- Housings
- Nozzles
- Locking rings
- Clevises
- Brackets and other mission-critical components supplied to OEMs
Manufacturing and Global Presence
Indo-MIM operates 15 manufacturing facilities across India, the United States, the United Kingdom, and Mexico. According to the Frost & Sullivan (F&S) Report, the company possesses the world's largest installed Metal Injection Molding (MIM) production capacity.
To support its global customer base, the company maintains sales offices in China, Germany, and the United States, along with 12 sales representatives located across the Czech Republic, France, Italy, Japan, South Korea, Israel, Poland, and Turkey. This international sales network enables Indo-MIM to provide localized customer support and efficiently serve customers across North America, Europe, and Asia.
Indo-MIM IPO Promoters
- Green Meadows Investments Ltd
- Krishna Chivukula
- Krishna Chivukula Jr.
- Raj Chivukula
- Jagadamba CHandrasekhar
Promoters Holding
Holding Pre Issue
92.94%
Holding Post Issue
77.65%
Indo-MIM IPO Objective
The Company Indo-MIM IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company
- General corporate purposes
Indo-MIM Limited Address / Contact Details
Indo MIM Ltd.
45(P), KIADB Industrial Area
Hoskote , Bangalore Urban
Karnataka, 56211
Phone: +91 81 2347 9565
Email: santosh.d@indo-mim.com
Website: https://www.indo-mim.com/
IPO Snapshot
Indo-MIM IPO Lot Size
The Indo-MIM IPO has a lot size of 30 shares. Retail investors require a minimum investment of ₹14,550 by applying for 1 lot (30 shares). The maximum application allowed for the retail category is 13 lots (390 shares), requiring an investment of ₹1,89,150.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | 14,550.00 |
| Retail (Max) | 13 | 390 | 189,150.00 |
| S-HNI (Min) | 14 | 420 | 203,700.00 |
| S-HNI (Max) | 68 | 2,040 | 989,400.00 |
| B-HNI (Min) | 69 | 2,070 | 1,003,950.00 |
Issue Reservation
- QIB — 28.47%
- NII — 21.35%
- RII — 49.82%
- EMP — 0.36%
Book Running Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- HDFC Bank Limited
- SBI Capital Markets Limited
- Kotak Mahindra Capital Company Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Indo-MIM IPO?
Indo-MIM IPO is a Book-building IPO with a total issue size of ₹3811.21 crore. The Indo-MIM IPO price band is ₹461 to 485 per share. The Indo-MIM IPO subscription opens on Thu, Jul 23, 2026, and closes on Mon, Jul 27, 2026. The Indo-MIM IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Indo-MIM IPO.
When will the Indo-MIM IPO open for subscription?
The Indo-MIM IPO opens on Thu, Jul 23, 2026 and closes on Mon, Jul 27, 2026
What is Indo-MIM IPO Price Band?
Indo-MIM IPO Price Band is ₹461 to 485 per share.
What is Indo-MIM IPO Lot Size?
Indo-MIM IPO lot size is 30 shares, Retail investors need a minimum investment of ₹14550 based on the upper price band
What is the minimum investment for Indo-MIM IPO?
The minimum investment for Indo-MIM IPO is ₹14550, based on one lot of 30 shares at the upper price band of ₹485 per share.
How to apply for Indo-MIM IPO?
Investors can apply for the Indo-MIM IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 27, 2026. The application amount remains blocked until the Indo-MIM IPO allotment is finalized.
What is Indo-MIM IPO Issue Size?
Indo-MIM IPO issue size is ₹3811.21 crores.
What is the Indo-MIM IPO Allotment Date?
Indo-MIM IPO allotment date is Tue, Jul 28, 2026.
Who is the Indo-MIM IPO Registrar?
The registrar for Indo-MIM IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Indo-MIM IPO allotment status, refund processing, and other IPO-related information.
What is the Indo-MIM IPO GMP?
The Indo-MIM IPO GMP (Grey Market Premium) is ₹213 as of Sun, Jul 19, 2026. Based on the upper price band of ₹485 per share, the estimated Indo-MIM IPO listing price is ₹698, indicating a potential listing gain of approximately 43.92% over the issue price.
Who is the Indo-MIM IPO Lead Manager?
The book-running lead managers (BRLMs) for the Indo-MIM IPO are ICICI Securities Limited, HDFC Bank Limited, SBI Capital Markets Limited, and Kotak Mahindra Capital Company Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Indo-MIM IPO Red Herring Prospectus (RHP).