Indo-MIM IPO

Listed

MainboardOpens 23 July 2026Closes 27 July 2026

Indo-MIM Limited, originally incorporated in 1996, is a leading global supplier of complex and high-quality precision engineering components utilizing Metal Injection Molding (MIM) technology. The company provides…

Live GMP Subscription Allotment

Price band

₹461 - ₹485

Issue size

₹3,811.21 Cr

Lot size

30 shares

Type

Mainboard

GMP

₹184 (+37.9%)

Est. listing

₹669

Est. profit / app

₹5,520

Retail quota

35.00%

Key ratios

As per RHP / filings

Face value

₹1

EPS

11.06

P/E ratio

43.85

RoNW

18.92%

ROE

18.92%

Debt / Equity

0.39

Timeline

IPO Opens

23 Jul

IPO Closes

27 Jul

Allotment

28 Jul

Listing

30 Jul

IPO Timeline & Listing Details

Event	Date	Details
IPO Open Date	23 July 2026	Subscription starts
IPO Close Date	27 July 2026	Subscription ends
Allotment Date	28 July 2026	Allotment
Listing Date	30 July 2026	Listing

Investment Categories

Category	Lots	Amount
Retail (Min)	1	₹14,550
Retail (Max)Just less than ₹2,00,000	13	₹1,89,150
SHNI (Min)Just above ₹2,00,000	14	₹2,03,700
SHNI (Max)Below ₹10,00,000	68	₹9,89,400
BHNIAbove ₹10,00,000	69	₹10,03,950

IPO Reservation Details

Category	Reservation
QIB (Qualified Institutional Buyer)	50.00%
NII (Non-Institutional Investor)	15.00%
SHNI (Small Non-Institutional Investor)	5.00%
BHNI (Big Non-Institutional Investor)	10.00%
Retail	35.00%
Market Maker	0.00%
Total	100.00%

IPO Objectives

Repayment or pre-payment, in part or full, of certain loan facilities availed by the Company from HDFC Bank Limited, Axis Bank Limited, and Kotak Mahindra Bank Limited to lower debt burdens (₹500.00 Cr).
General Corporate Purposes.

Strengths

The company has an extensive global manufacturing footprint with 15 advanced facilities spread across India, the United States, the United Kingdom, and Mexico, facilitating robust international delivery networks.
It features significant automated capabilities and technological infrastructure, deploying 436 active robots and 476 IoT-enabled manufacturing systems across its setups as of March 31, 2026.
The firm exhibits a strong consolidated profit and revenue expansion trend, achieving a revenue CAGR of 20.86% from Fiscal 2024 to Fiscal 2026 along with compounding operational efficiencies.
It holds a strong credit profile backed by healthy capital matrices, retaining an stable AA+ credit rating from ICRA for both working capital boundaries and term loan limits.

Weaknesses

The operations face heavy customer revenue concentration risks, with the top 10 clients accounting for 38.41% of total operational revenues in Fiscal 2026.
The firm remains highly exposed to changing export-linked variables, international tariff adjustments (such as US import duty variations), and geopolitical currency fluctuations since overseas sales contributed 77.20% of revenues in Fiscal 2026.
The revenue security relies heavily on rolling operational schedules and discrete allocations, lacking long-term binding volume purchase agreements with major buyers.
The supply loops absorb substantial foreign market dependecies, requiring import channels for 60.95% of its core metal powders and specialized chemical feedstock elements in Fiscal 2026.

Financial Performance

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets (₹ Cr.)	4,897.33	4,140.84	3,757.51
Revenue (₹ Cr.)	4,192.99	3,329.58	2,870.4
PAT (₹ Cr.)	533.54	423.73	283.73
Net Worth (₹ Cr.)	2,819.55	2,199.43	2,050.51

Peer Comparison

Company	P/B Ratio	P/E Ratio	RONW (%)	Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

Category	Day 1	Day 2	Day 3
QIB	0.18x	1.11x	204.47x
NII	3.04x	8.45x	50.64x
S-HNI	3.61x	8.81x	36.54x
B-HNI	2.75x	8.27x	57.69x
RII	0.88x	1.9x	6.69x
EMP	1.51x	3.03x	9.44x
Total	1.14x	3.08x	72.37x

Overall Subscription Statistics

Category	Shares Offered	Shares Bid	Bid Amount (₹ Cr)
QIB	1,56,74,494	3,20,48,97,090	1,55,437.51
NII	1,17,60,045	59,55,65,520	28,884.93
Small NII	39,20,015	14,32,40,490	6,947.16
Big NII	78,40,030	45,23,25,030	21,937.76
RII	2,74,40,105	18,34,47,000	8,897.18
EMP	2,00,000	18,87,720	91.55
Total	5,50,74,644	3,98,57,97,330	1,93,311.17

Company Details

Indo-MIM Limited
45(P), KIADB Industrial Area, Hoskote, Bangalore, Karnataka, 562114
+91 81 2347 9565
santosh.d@indo-mim.com
https://www.indo-mim.com/

Registrar Details

MUFG Intime India Private Limited
+91 81 0811 4949
indomim.ipo@in.mpms.mufg.com
https://www.in.mpms.mufg.com/

Frequently Asked Questions

What does Indo-MIM do?

Indo-MIM designs, tools, manufactures, and supplies high-precision engineering components using advanced Metal Injection Molding (MIM) technology for the automotive, aerospace, medical, defense, and consumer sectors globally.

What are the IPO dates for Indo-MIM Mainboard IPO?

The Indo-MIM IPO opens for public subscription on July 23, 2026, and closes on July 27, 2026.

What is the price band and minimum investment for Indo-MIM IPO?

The price band is fixed between ₹461 and ₹485 per share. Retail investors can apply for a minimum lot of 30 shares, requiring a base investment of ₹14,550 at the upper price band limit.

What is the Indo-MIM IPO GMP today?

As of July 20, 2026, the unofficial Grey Market Premium (GMP) ranges around ₹181 to ₹185 per share, indicating a strong estimated listing premium of approximately 39% to 40%.

What is the Indo-MIM IPO listing date?

The equity shares of Indo-MIM are scheduled to list on the mainboards of NSE and BSE on July 30, 2026.

Indo-MIM IPO News & Updates

Follow the latest updates for Indo-MIM IPO, including grey market moves and allotment news.

Indo-MIM IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Indo-MIM IPO Details

Issue size, price, financials, and company info

Indo-MIM IPO GMP

Live grey market premium and listing estimate

Indo-MIM IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Indo-MIM IPO Allotment

Allotment date, chances, and check by PAN

Indo-MIM IPO Review

SWOT, strengths, risks, and IPO review

Indo-MIM IPO FAQ

Common questions on dates, GMP, and allotment

Indo-MIM IPO Registrar

Registrar website and how to check allotment

Indo-MIM IPO Timeline

Open, close, allotment, and listing dates

Indo-MIM IPO News

Updates, blogs, and latest IPO news

Sources

We match Indo-MIM IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

SEBIRules for IPO allotment and disclosures in India
NSEExchange notices, bidding data, and listing updates
BSEExchange notices and IPO allotment check tools
RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
MUFG Intime India Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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