Indo-MIM IPO Details
Indo-MIM IPO Summary
Indo-MIM IPO opens for subscription on 23 Jul 2026 and closes on 27 Jul 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 30 Jul 2026.
Indo-MIM IPO price band has been fixed at ₹461 – ₹485 per share. The face value is ₹1 per share with a lot size of 30.
Indo-MIM IPO total issue size comprises 7,86,00,300 shares (aggregating up to ₹3812.11 Cr). This includes a fresh issue of 1,03,09,278 shares (aggregating up to ₹500.00 Cr). Offer for Sale consists of 6,82,91,022 shares (aggregating up to ₹3312.11 Cr). Pre-issue shareholding stands at 48,41,53,072, which will increase to 49,44,62,350 post-issue.
Indo-MIM IPO carries a ₹184 (37.94%) GMP, reflecting investor sentiment.
Indo-MIM IPO Lot Size :Retail Minimum is 1 lot (30 shares) amounting to ₹14,550. Retail Maximum is 13 lots (390 shares) amounting to ₹189,150. SHNI Minimum is 14 lots (420 shares) amounting to ₹203,700. SHNI Maximum is 68 lots (2,040 shares) amounting to ₹989,400. BHNI Minimum is 69 lots (2,070 shares) amounting to ₹1,003,950.
Indo-MIM IPO Details
Indo-MIM IPO Subscription
Indo-MIM IPO Application Wise Breakup (Approx)
Indo-MIM IPO Dates
- 23 Jul 2026Opening dateOpen
- 27 Jul 2026Closing dateClose
- 28 Jul 2026Allotment Date Allotment
- 29 Jul 2026Initiation of RefundsRefund
- 29 Jul 2026Credit of SharesCredit
- 30 Jul 2026Listing dateListing
Indo-MIM IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 30 | ₹14,550 |
| Retail Maximum | 13 | 390 | ₹189,150 |
| SHNI Minimum | 14 | 420 | ₹203,700 |
| SHNI Maximum | 68 | 2040 | ₹989,400 |
| BHNI Minimum | 69 | 2070 | ₹1,003,950 |
Indo-MIM IPO Reservation
Promoter Holding
Documents
Indo-MIM IPO Valuations
Indo-MIM Financial Information
| 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 |
| Amount in ₹ Crore | |||
About Indo-MIM IPO
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.
Strength Of Indo-MIM IPO
- 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 supported by large employee base.
- Track record of robust financial performance.
Risk Of Indo-MIM IPO
- The company derives a significant portion of its revenue from the company's top 10 customers, who contributed 38.41%, 38.94% and 42.00% of its revenue from operations in Fiscals 2026, 2025 and 2024, respectively. The loss of such customers or a significant reduction in demand of the company's products from these customers could have an adverse effect on its business, results of operations, financial condition and cash flows.
- The company's business is dependent on exports and the performance of geographies where its supply the company's products. Its export the company's products to various countries and its revenue from outside India represented 77.20%, 89.92% and 88.26% of the total revenue from operations in Fiscals 2026, 2025 and 2024, respectively. Any adverse changes in the conditions affecting the industries in global markets in which the company's products is supplied, can adversely impact its business, cash flows, results of operations and financial condition.
- The company does not has definitive agreements having commitment on part of its customers to purchase or place orders with its. The company generally does business with its customers on a purchase order basis and the company's customers does not make long-term commitments/ agreements with its. If the company's customers choose not to source their requirements from its, there may be an adverse effect on the company's business, results of operations, financial condition and cash flows.
- Loss of any of the company's suppliers or a failures by its suppliers to deliver the company's primary raw materials such as metal powders and polymers may have an adverse impact on its ability to continue the company's manufacturing process without interruption.
- The company imports a significant portion of its raw materials constituting 60.95%, 61.80% and 59.63% of the company's total purchases of raw materials in Fiscals 2026, 2025 and 2024, respectively. Any restrictions on imports or fluctuation in global commodity prices that affect its raw materials could adversely affect the company's business, results of operations, cash flows and financial condition.
- The company's operations is significantly dependent on its manufacturing facilities, and the shutdown or slowdown of operations at any of the company's manufacturing facilities could have an adverse effect on its business, results of operations, financial condition and cash flows.
- The company's manufacturing facilities in India is concentrated in south India and any adverse developments affecting this region could have an adverse effect on its business, results of operations, financial condition and cash flows.
- A portion of the Net Proceeds will be utilized for repayment or pre-payment of a loan availed by the Company from HDFC Bank Limited, which is one of its Book Running Lead Managers and Axis Bank Limited and Kotak Mahindra Bank Limited which are affiliates of certain of the Book Running Lead Managers.
- The company's Promoters, Directors and KMPs has received certain show cause notices for alleged non-compliance with mandatory appointment of a cost auditor and for a mandatory cost audit which could potentially impact the reputation of the Company and its may be subject to regulatory actions in the future.
- The name of one of the company's Promoters and its Chairman and Managing Director, Krishna Chivukula has appeared in the list of disqualified directors in the past.
Objectives Indo-MIM IPO
1. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company; and
2. General corporate purposes
Company Contact Details
Indo MIM Ltd.
45(P), KIADB Industrial Area
Hoskote
Bangalore Urban, Karnataka, 562114
Phone: +91 81 2347 9565
Email: santosh.d@indo-mim.com
Website: http://www.indo-mim.com/
Registrar Contact Details
Indo-MIM FAQs
The Indo-MIM IPO is a MAINBOARD public issue comprising 78600300 equity shares with a face value of ₹1 each, aggregating to a total issue size of ₹3812.11 Cr. The issue price has been fixed at ₹485 per equity share, and the minimum application size is 30 shares.
The IPO opens for subscription on 23 Jul 2026, and closes on 27 Jul 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹184 (37.94%).
Quick Links
Comments
