Indo-MIM IPO Details

Bookbuilding IPO | ₹3,811 Cr | Listing at BSE, NSE | Thu, Jul 23, 2026 - Mon, Jul 27, 2026

IPO Details

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Indo-MIM IPO is a book build issue of ₹3,811.21 crores. The issue is a combination of fresh issue of 1.03 crore shares aggregating to ₹499.10 crores and offer for sale of 6.83 crore shares aggregating to ₹3,311.21 crores.

Indo-MIM IPO opens for subscription on Jul 23, 2026 and closes on Jul 27, 2026. The allotment for the Indo-MIM IPO is expected to be finalized on Jul 28, 2026. Indo-MIM IPO will list on NSE and BSE with a tentative listing date fixed as Jul 30, 2026.

Indo-MIM IPO is set issue price band at ₹461 to ₹485 per share. The lot size for an application is 30 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,550 (30 shares) (based on upper price). The lot size investment for sNII is 14 lots (420 shares), amounting to ₹2,03,700, and for bNII, it is 69 lots (2,070 shares), amounting to ₹10,03,950.

HDFC Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Indo-MIM IPO RHP for detailed Information.

IPO Open

Thu, Jul 23, 2026

IPO Close

Mon, Jul 27, 2026

Price Band

₹461 to ₹485

Market Cap (Pre-IPO)

₹23,981.42 Cr

IPO Details

IPO Date

23 to 27 Jul, 2026
Listing Date

Thu, Jul 30, 2026
Face Value

₹1 per share
Price Band

₹461 to ₹485
Lot Size

30 Shares
Sale Type

Fresh capital cum OFS
Issue Type

Bookbuilding IPO
Listing At

BSE NSE
Employee Discount

₹45.00

Total Issue Size

7,86,00,300 shares (agg. up to ₹3,811 Cr)
Fresh Issue

1,03,09,278 shares (agg. up to ₹499 Cr)
Offer for Sale

6,82,91,022 shares of ₹1 (agg. up to ₹3,311 Cr)
Share Holding Pre Issue

48,41,53,072 shares
Share Holding Post Issue

49,44,62,350 shares

IPO Timetable (Tentative)

IPO Open

Thu, Jul 23, 2026
Allotment

Tue, Jul 28, 2026
Credit of Shares

Wed, Jul 29, 2026

IPO Close

Mon, Jul 27, 2026
Refund

Wed, Jul 29, 2026
Listing

Thu, Jul 30, 2026

Issue Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Offer
Retail Shares Offered	Not less than 35% of the Net Offer
NII Shares Offered	Not less than 15% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof.

Application	Lots	Shares	Amount
Retail (Min)	1	30	₹14,550
Retail (Max)	13	390	₹1,89,150
S-HNI (Min)	14	420	₹2,03,700
S-HNI (Max)	68	2,040	₹9,89,400
B-HNI (Min)	69	2,070	₹10,03,950

IPO Subscription Details

Investor Category Reservations

Category	Limit	Cut-off
RII	Up to ₹2 Lakhs	Yes
sNII	₹2 Lakhs – ₹10 Lakhs	No
bNII	Above ₹10 Lakhs	No
Employee (EMP)	Up to ₹5 Lakhs	Yes
Employee + RII/NII	Up to ₹5Lakhs (EMP) + RII/NII limits	Yes (EMP/RII)

About Indo-MIM Ltd.

Incorporated in 1996, Indo-MIM is a global leader in manufacturing precision engineering components using metal injection molding (MIM) technology. The company offers end-to-end solutions including mold design, tooling, finishing, and assembly.

Along with MIM, the company also use advanced technologies such as investment casting, precision machining, ceramic injection molding, and 3D metal printing to serve diverse industries. In FY 2025, it has manufactured over 6,400 products, catering to automotive, defence, medica, consumer, and aerospace industries.

Product Portfolio:

Automotive: safety, fuel systems, powertrain, and interiors
Defence: firearm components like triggers, hammers, and sights
Medical: parts for surgical devices in endoscopy, laparoscopy, dental robotics, and orthopedics
Consumer: fashion accessories, crossbows, cellphone parts, tools, and hardware
Aerospace: manifolds, housings, nozzles, locking rings, clevises, and brackets for OEMs

The company has global sales capabilities with a dedicated sales team that provides customer support. As of March 31, 2026, it has three sales offices in China, Germany and the United States, with 13 sales representatives in Czech Republic, France, Italy, Japan, South Korea, Israel, Poland and Turkey. In Fiscal 2026, it has served more than 1,100 customers

Manufacturing: The company operates 15 manufacturing facilities across India, the US, the UK, and Mexico, and hold the world’s largest installed MIM capacity (Source: F&S Report). Its global presence includes sales offices in China, Germany, and the US, and sales representatives across Europe and Asia.

Competitive Strengths

Global leadership in manufacturing precision engineering components using MIM technology
Long-standing relationships with Indian and global OEM customers
Diversified product portfolio catering to applications across multiple industries
Backward integrated, dual-shore manufacturing capabilities with focus on efficiency
Export driven player with extensive global distribution capability
Experienced promoters and management team
Track record of robust financial performance

Company Financials (Restated Consolidated)

Indo-MIM Ltd.’s revenue increased by 28% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	4,897.33	4,140.84	3,757.51
Total Income	4,320.70	3,373.97	2,900.38
Profit After Tax	533.54	423.73	283.73
EBITDA	1,070.92	932.60	743.46
NET Worth	2,819.55	2,199.43	2,050.51
Reserves and Surplus	2,573.46	2,030.81	1,889.04
Total Borrowing	1,090.49	1,247.20	1,085.01

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company

400.00
2 General Corporate Purposes
Total

400.00

Key Performance Indicator (KPI)

KPI	Mar 31, 2026	Mar 31, 2025
ROE	21.26%	19.94%
ROCE	26.60%	23.51%
Debt/Equity	0.39	0.57
RoNW	21.26%	19.94%
PAT Margin	12.72%	12.73%
EBITDA Margin	25.54%	28.01%
Price to Book Value		10.63

Check IPO Peer Comparison here

	Pre IPO	Post IPO
EPS (₹)	11.02	10.79
P/E (x)	44.01	44.95
Promoter Holding	92.94%	77.65%
Market Cap	₹23,981.42 Cr.

Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula, Jagadamba CHandrasekhar

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Registrar

MUFG Intime India Pvt.Ltd.

022-49186000
indomim.ipo@in.mpms.mufg.com
Visit Website

IPO Lead Manager(s)

HDFC Bank Ltd. (Past IPO Performance)
Axis Capital Ltd. (Past IPO Performance)
ICICI Securities Ltd. (Past IPO Performance)
Kotak Mahindra Capital Co.Ltd. (Past IPO Performance)
SBI Capital Markets Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Indo-MIM Ltd. Address

45(P),

KIADB Industrial Area

Hoskote

Bangalore Urban, Karnataka, 562114

+91 81 2347 9565
santosh.d@indo-mim.com
Visit Website

IPO FAQs

What is the Indo-MIM IPO?

Indo-MIM IPO is a main-board IPO of 7,86,00,300 equity shares of the face value of ₹1 aggregating up to ₹3,811 Crores. The issue is priced at ₹461 to ₹485. The minimum order quantity is 30.

The IPO opens on Thu, Jul 23, 2026, and closes on Mon, Jul 27, 2026.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to apply in Indo-MIM IPO through Angel One?

Angel One customers can apply online in Indo-MIM IPO using UPI as a payment gateway. Angel One customers can apply in Indo-MIM IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Indo-MIM IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Indo-MIM IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When Indo-MIM IPO will open?

The Indo-MIM IPO opens on Thu, Jul 23, 2026 and closes on Mon, Jul 27, 2026.

What is the lot size of Indo-MIM IPO?

Indo-MIM IPO lot size is 30, and the minimum amount required for application is ₹14,550.

How to apply for Indo-MIM IPO?

You can apply in Indo-MIM IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Indo-MIM IPO allotment?

The finalization of Basis of Allotment for Indo-MIM IPO will be done on Tuesday, July 28, 2026, and the allotted shares will be credited to your demat account by Wed, Jul 29, 2026. Check the Indo-MIM IPO allotment status.

When is Indo-MIM IPO listing date ?

The Indo-MIM IPO listing date is not yet announced. The tentative date of listing is Thu, Jul 30, 2026.