IPO details · Updated
INDO-MIM Limited
- Price Band
- ₹461 – ₹485
- Lot Size
- 30 shares
- Min. Investment
- ₹14,550
- Issue Size
- ₹3,812.11 Cr
- Offer Dates
- 23 Jul – 27 Jul 2026
- Listing
- 30 Jul 2026
Issue Details
- Total Issue Size
- ₹3,812.11 Cr
- 7,86,18,857 shares
- Fresh Issue
- ₹500.78 Cr
- 1,03,27,835 shares
- Offer for Sale
- ₹3,311.33 Cr
- 6,82,91,022 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 48,41,53,072
- Shares Post-Issue
- 49,44,80,907
IPO Timeline
Offer opens
23 Jul 2026
Offer closes
27 Jul 2026
Allotment
28 Jul 2026
Listing
30 Jul 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor29.9%2,35,25,656 shares
- QIB19.9%1,56,83,772 shares
- HNI15.0%1,17,62,829 shares
- Retail34.9%2,74,46,600 shares
- Employee0.3%2,00,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 1,56,83,772 | 3,20,48,97,090 | 204.34x |
| NII | 1,17,62,829 | 59,55,92,640 | 50.63x |
| Retail | 2,74,46,600 | 18,31,31,610 | 6.67x |
| Employee | 2,00,000 | 18,88,680 | 9.44x |
| Total | 5,50,93,201 | 3,98,55,10,020 | 72.34x |
Lot Size & Investment
1 lot = 30 shares
Retail (min)
1 lot · 30 shares
Retail (max)
13 lots · 390 shares
S-HNI (min)
14 lots · 420 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 30 | ₹14,550 |
| Small HNI (S-HNI) | 14 | 420 | ₹2,03,700 |
| Big HNI (B-HNI) | 69 | 2,070 | ₹10,03,950 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 4,897.33 | 4,140.84 | 3,757.51 |
| Total Income | 4,320.7 | 3,373.97 | 2,900.38 |
| Profit After Tax | 533.54 | 423.73 | 283.73 |
| EBITDA | 1,070.92 | 932.6 | 743.46 |
| 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 | 1,247.2 | 1,085.01 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| RoNW (%) | 21.26 | 19.94 |
| EPS (₹) | — | 11.02 |
| P/E (pre-issue) | — | 44.01 |
| P/E (post-issue) | — | 44.95 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| iangsu Gian Technology Co, Ltd | 148 | 3.1% |
About INDO-MIM Limited
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
Objects of the Issue
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company (₹400.00 Cr)
- General Corporate Purposes (₹85.44 Cr)
- Issue Expenses (₹111.00 Cr)
Promoters
- <p>Green Meadows Investments Ltd.
- Krishna Chivukula Krishna Chivukula Jr
- Raj Chivukula
- Jagadamba CHandrasekhar</p>
Company Information
- Book running lead managers
- HDFC Bank Ltd.
- Axis Capital Ltd.
- ICICI Securities Ltd.
- Kotak Mahindra Capital Co.Ltd.
- SBI Capital Markets Ltd.
- Registered office
- 45(P),, KIADB Industrial Area, Hoskote, Bangalore Urban, Karnataka, 562114
Official Documents
Opens the source filing in a new tab
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