Indo-MIM IPO
Indo-MIM IPO is priced at ₹461–₹485 per share with an issue size of ₹3812.11 crore. The IPO opens on Jul 23, 2026 and closes on Jul 27, 2026, with a lot size of 30 shares and a minimum investment of ₹14,550.

Indo-MIM Limited IPO
- IPO Dates
- Jul 23, 2026 – Jul 27, 2026
- Price band
- ₹461-485 per equity share
- Issue size
- ₹3812.11 Cr
- Lot size
- 30
- Listing
- Jul 30, 2026
- Listing At
- BSE, NSE
IPO timeline
- Open Date
Jul 23, 2026
Open Date
Completed
- Close Date
Jul 27, 2026
Close Date
Upcoming
- Allotment Date
Jul 28, 2026
Allotment Date
Upcoming
- Listing Date
Jul 30, 2026
Listing Date
Upcoming
Indo-MIM IPO Details
Indo-MIM IPO is priced at ₹461-485 per share with a total issue size of 3812.11 crore. The IPO has a lot size of 30 shares and will be listed on BSE and NSE.
- Issue price
- ₹461-485 per equity share
- Lot size
- 30 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- ₹3812.11 Crores Approx.
- Total issue size
- 7,86,00,300 shares
(aggregating up to ₹3812.11 crore) - Fresh issue
- 1,03,09,278 shares
(aggregating up to ₹500 crore) - Offer for sale (OFS)
- 6,82,91,022 shares
(aggregating up to ₹3312.11 crore) - Listing at
- BSE, NSE
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead manager
- HDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co.Ltd., SBI Capital Markets Ltd.
Market Lot Size
Investors can bid for a minimum of 30 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 30 | ₹14,550 |
| Retail(max) | 13 | 390 | ₹1,89,150 |
| sHNI(min) | 14 | 420 | ₹2,03,700 |
| sHNI(max) | 68 | 2,040 | ₹9,89,400 |
| bHNI(min) | 69 | 2,070 | ₹10,03,950 |
Indo-MIM IPO Reservation
Indo-MIM IPO reservation details show category-wise allocation of shares. Out of the total 78600300 shares, approximately 19.94% are reserved for QIB, 14.96% for NII, 34.91% for retail investors, 0.25% for employees, and 29.93% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 23525656 (29.93%) | |
| QIB Shares Offered | 15674494 (19.94%) | |
| NII (HNI) Shares Offered | 11760045 (14.96%) | |
| bHNI > ₹10L | 7841885 (10.01%) | 18667 |
| sHNI < ₹10L | 3920944 (5%) | 9333 |
| Retail Shares Offered | 27440105 (34.91%) | 9,14,670 |
| Employee Shares Offered | 200000 (0.25%) | |
| Total Shares Offered | 78600300 (100%) |
Indo-MIM Valuations
Earnings
- EPS Pre IPO
- ₹11.02/-
- EPS Post IPO
- ₹10.79/-
- P/E Pre IPO
- 44.01
- P/E Post IPO
- 44.95
Returns
- ROE
- 21.26%
- ROCE
- 26.60%
- RoNW
- 21.26%
- PAT Margin
- 12.72%
Fundamentals
- Debt / Equity
- 0.39
- Price / Book
- 10.63
- Market Cap
- ₹23,981.42 Cr.
Indo-MIM Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 4,897.33 | 4,140.84 | 3,757.51 |
| Revenue | 4,320.70 | 3,373.97 | 2,900.38 |
| Profit After Tax | 533.54 | 423.73 | 283.73 |
| Net Worth | 2,819.55 | 2,199.43 | 2,050.51 |
| Reserves & Surplus | 2,573.46 | 2,030.81 | 1,889.04 |
| Total Borrowing | 1,090.49 | 1,247.20 | 1,085.01 |
Indo-MIM financials show revenue growth and profitability trends over recent years, indicating business stability.
About Indo-MIM
Established in 1996, Indo-MIM is a world leader in the production of precision engineering components through metal injection molding (MIM) technology. Indo-MIM provides end-to-end solutions in mold design, tooling, finishing, and assembly.Apart from MIM, Indo-MIM also employs advanced technologies such as investment casting, precision machining, ceramic injection molding, and 3D metal printing to cater to various industries. In FY 2025, Indo-MIM has produced more than 6,400 products, which are used in the automotive, defense, medica, consumer, and aerospace sectors.
Product Portfolio:
Automotive: Safety, Fuel Systems, Powertrain, and Interior Components
Defense: Firearm Components such as Triggers, Hammers, and Sights
Medical: Components for Surgical Devices in Endoscopy, Laparoscopy, Dental Robotics, and Orthopedic Applications
Consumer: Fashion Accessories, Crossbows, Cell Phone Components, Tools, and Hardware
Aerospace: Manifolds, Housings, Nozzles, Locking Rings, Clevises, and Brackets for Original Equipment Manufacturers
The company has the capability to market its products globally with a sales team exclusively dedicated to providing customer service. As of March 31, 2025, the company has three sales offices in China, Germany, and the United States, with 12 sales representatives in Czech Republic, France, Italy, Japan, South Korea, Israel, Poland, and Turkey. In Fiscal 2025, the company has served over 1000 customers
Indo-MIM Promoter(s)
Green Meadows Investments Ltd, Krishna Chivukula Krishna Chivukula Jr., Raj Chivukula, Jagadamba CHandrasekhar are the company's promoters of Indo-MIM.
Indo-MIM IPO Issue Objectives
- •
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company - ₹400.0 Cr
- •
- General corporate purposes
Indo-MIM IPO - Anchor Investors
INDO-MIM Limited finalised its anchor investor allocation on July 22, 2026, raising ₹1,141.00 crore from 92 institutional investors at an anchor price of ₹485 per share.
The anchor book comprises 2,35,25,656 equity shares allocated across domestic mutual funds, life insurance companies, and foreign portfolio investors. Domestic mutual funds received 55.98% of the anchor allocation through 23 fund houses across 60 schemes, including ICICI Prudential Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Kotak Mahindra Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Bandhan, HSBC Mutual Fund, Mirae Asset, UTI, Motilal Oswal, Quant Mutual Fund, Tata Mutual Fund, Invesco India, Canara Robeco, Edelweiss, Union, Franklin, LIC MF, PGIM India, Abakkus, 360 One, and Dynasif.
Life insurance companies received 9.64% of the anchor allocation, with ICICI Prudential Life Insurance, SBI Life Insurance, HDFC Life Insurance, and Bajaj Life Insurance each receiving 1.75%–1.76%.
Foreign investors including Ashoka Whiteoak ICAV, Government Pension Fund Global, Goldman Sachs India Equity Portfolio, Aranda Investments, Amansa Holdings, Blackrock Global Funds, Pinebridge Global Funds, DSP India Fund IFSC, and Societe Generale also participated.
Indo-MIM IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Indo-MIM | N/A | N/A | 21.26% | 4192 |
| iangsu Gian Technology | N/A | N/A | 3.10% | 4060 |
Indo-MIM IPO - Strengths and Risks
Indo-MIM IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Details
Indo-MIM
+91 81 2347 9565
45(P), KIADB Industrial Area, Hoskote, Bangalore Urban, Karnataka, 562114
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270