INDO-MIM Limited logo

IPO details · Updated

INDO-MIM Limited

ClosedMainboardNSE: INDOMIMBSE: 544837
Check Allotment
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

Full 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

  1. Offer opens

    23 Jul 2026

  2. Offer closes

    27 Jul 2026

  3. Allotment

    28 Jul 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB1,56,83,7723,20,48,97,090
204.34x
NII1,17,62,82959,55,92,640
50.63x
Retail2,74,46,60018,31,31,610
6.67x
Employee2,00,00018,88,680
9.44x
Total5,50,93,2013,98,55,10,020
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

ApplicationLotsSharesAmount
Retail130₹14,550
Small HNI (S-HNI)14420₹2,03,700
Big HNI (B-HNI)692,070₹10,03,950

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets4,897.334,140.843,757.51
Total Income4,320.73,373.972,900.38
Profit After Tax533.54423.73283.73
EBITDA1,070.92932.6743.46
Net Worth2,819.552,199.432,050.51
Reserves & Surplus2,573.462,030.811,889.04
Total Borrowing1,090.491,247.21,085.01

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
RoNW (%)21.2619.94
EPS (₹)11.02
P/E (pre-issue)44.01
P/E (post-issue)44.95

Peer Comparison

Listed companies in the same business

CompanyP/EROE
iangsu Gian Technology Co, Ltd1483.1%

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

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.