IPO Guru

IPO Listed — 30 Jul 2026

Listing Price: ₹700

vs Issue Price ₹485 +₹215 (+44.33%)

Indo-MIM IPO GMP History | Listing Price ₹700 & Kostak Rate

IPO
Final GMP
₹ 184
37.9%
Final Kostak
₹ 0
Final Sub. to Sauda
₹ 0

Indo-MIM IPO has been listed on July 30, 2026 at a listing price of ₹700, against the issue price of ₹485 — a gain of ₹215 (+44.33%). The GMP peaked at ₹199 on 19 July 2026 and reached a low of ₹168 on 18 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Indo-MIM IPO raised ₹3811.21 Cr. through its IPO at a price band of ₹461 to ₹485 per share, with a lot size of 30 shares. The IPO was open for subscription from 23 Jul 2026 to 27 Jul 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
30 Jul 2026 ₹ 184 37.9% ₹ 0 ₹ 0
29 Jul 2026 ₹ 187 38.6% ₹ 0 ₹ 0
28 Jul 2026 ₹ 190 39.2% ₹ 0 ₹ 0
27 Jul 2026 ₹ 190 39.2% ₹ 0 ₹ 0
26 Jul 2026 ₹ 190 39.2% ₹ 0 ₹ 0
25 Jul 2026 ₹ 181 37.3% ₹ 0 ₹ 0
24 Jul 2026 ₹ 184 37.9% ₹ 0 ₹ 0
23 Jul 2026 ₹ 170 35.1% ₹ 0 ₹ 0
22 Jul 2026 ₹ 185 38.1% ₹ 0 ₹ 0
21 Jul 2026 ₹ 194 40.0% ₹ 0 ₹ 0
20 Jul 2026 ₹ 195 40.2% ₹ 0 ₹ 0
19 Jul 2026 ₹ 199 40.6% ₹ 0 ₹ 0
18 Jul 2026 ₹ 168 34.3% ₹ 0 ₹ 0

Indo-MIM IPO Dates

Event Date
Open Date 23 Jul, 2026
Close Date 27 Jul, 2026
Allotment Date 28 Jul, 2026
Refund Date 29 Jul, 2026
Credit to Demat 29 Jul, 2026
Listing Date 30 Jul, 2026

Indo-MIM IPO Actual Listing Price

Basis Value
Issue Price ₹485
GMP-Based Estimate (Pre-Listing) ₹669 (+37.9%)
Actual Listing Price ₹700 (+44.33%)
Listing Gain / Loss +₹215 per share
Listing Date 30 Jul, 2026

Is Indo-MIM IPO GMP Reliable?

Grey market premium for Indo-MIM IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Indo-MIM IPO full review for a fundamentals-based assessment before making any grey market trades.

Indo-MIM IPO IPO Kostak Rate Explained

The Kostak rate for Indo-MIM IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Indo-MIM IPO

Indo-MIM Limited, founded in 1996 and headquartered in Bengaluru, is the world's largest producer of Metal Injection Molding (MIM) components by installed capacity, holding roughly 6.8% of the global MIM market (2025). The company provides end-to-end precision engineering solutions spanning mold design, tooling, MIM, investment casting, precision machining, ceramic injection molding, metal 3D printing and assembly. It operates 15 manufacturing facilities across India, the United States, the United Kingdom and Mexico, serving more than 1,100 customers worldwide across the automotive, defence, medical, aerospace and consumer sectors. International markets accounted for about 77.2% of revenue in Fiscal 2026. The company holds NADCAP, IATF 16949 and AS9100 quality certifications supporting its presence in regulated industries.

Strengths & Risks

Strengths

  • World's largest installed Metal Injection Molding (MIM) capacity, with end-to-end capability from design to assembly
  • Highly diversified customer base across automotive, defence, medical, aerospace and consumer sectors, reducing single-industry risk
  • Strong revenue and profit growth, with PAT up 88% and total income up 49% between FY24 and FY26
  • Global manufacturing footprint across India, the US, UK and Mexico supporting multinational customers
  • Quality accreditations (NADCAP, IATF 16949, AS9100) enabling participation in regulated industries

Risks

  • Operates on a purchase-order basis without binding long-term commitments from customers, creating revenue volatility risk
  • Significant dependence on imported raw materials exposes the business to commodity price swings, currency fluctuations and geopolitical disruption
  • Multi-plant operations across geographies face equipment, labour and operational disruption risks
  • Elevated valuation at the upper price band, with a post-IPO P/E of about 44.95x and Price/Book of about 10.63x
  • Large Offer-for-Sale component (Rs 3,312.11 Cr of the Rs 3,812.11 Cr issue), limiting fresh capital available for the company's own growth

Frequently Asked Questions about Indo-MIM IPO

What is the GMP of Indo-MIM IPO?

The current Grey Market Premium (GMP) of Indo-MIM IPO is ₹ 184.

What is the Kostak Price of Indo-MIM IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Indo-MIM IPO is currently not available.

What is the Subject to Sauda Price of Indo-MIM IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What was the actual listing price of Indo-MIM IPO?

Indo-MIM IPO listed on July 30, 2026 at ₹700, against the issue price of ₹485 — a gain of +44.33%.

How did the GMP of Indo-MIM IPO trend before listing?

The GMP of Indo-MIM IPO was falling in its final days before listing. The GMP peaked at ₹199 on 19 July 2026. View the day-wise table above for the complete GMP history.

Explore Indo-MIM IPO Further

For a complete picture before making your investment decision, explore these resources:

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