Indo-MIM IPO
Indo-MIM IPO — date, price band, lot size & details 2026
Indo-MIM listed on 30 Jul 2026 at ₹700, 44.3% above the ₹485 issue price.
Indo-MIM Limited is the world's largest Metal Injection Molding (MIM) component manufacturer, operating 15 plants across India, the US, UK and Mexico for automotive, defence, medical, aerospace and consumer clients.
Stock price
Indo-MIM is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 23 October.
- Open 23 Jul 2026
- Close 27 Jul 2026
- Allotment 28 Jul 2026
- Refund/credit 29 Jul 2026
- Listing 30 Jul 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 23 to 27 Jul, 2026 |
|---|---|
| Price Band | ₹461 – ₹485 |
| Face Value | ₹1 |
| Lot Size | 30 Shares |
| Issue Size | ₹3811.21 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 45.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,550 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 30 shares at the ₹485 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 30 | ₹14,550 |
| Retail (max) | 13 | 390 | ₹1,89,150 |
| S-HNI (min) | 14 | 420 | ₹2,03,700 |
| S-HNI (max) | 68 | 2,040 | ₹9,89,400 |
| B-HNI (min) | 69 | 2,070 | ₹10,03,950 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01World's largest installed Metal Injection Molding (MIM) capacity, with end-to-end capability from design to assembly
- 02Highly diversified customer base across automotive, defence, medical, aerospace and consumer sectors, reducing single-industry risk
- 03Strong revenue and profit growth, with PAT up 88% and total income up 49% between FY24 and FY26
- 04Global manufacturing footprint across India, the US, UK and Mexico supporting multinational customers
- 05Quality accreditations (NADCAP, IATF 16949, AS9100) enabling participation in regulated industries
Risks · 5
- 01Operates on a purchase-order basis without binding long-term commitments from customers, creating revenue volatility risk
- 02Significant dependence on imported raw materials exposes the business to commodity price swings, currency fluctuations and geopolitical disruption
- 03Multi-plant operations across geographies face equipment, labour and operational disruption risks
- 04Elevated valuation at the upper price band, with a post-IPO P/E of about 44.95x and Price/Book of about 10.63x
- 05Large 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
Three years of numbers
All figures in ₹ crore, as reported in the Indo-MIM offer document.
| Metric | 31 Mar 26 | 31 Mar 25 | 31 Mar 24 |
|---|---|---|---|
| Revenue | 4320.70 | 3373.97 | 2900.38 |
| OPM % | 24.79 | 27.64 | 25.63 |
| EBITDA | 1070.92 | 932.59 | 743.46 |
| Net Profit | 533.54 | 423.73 | 283.73 |
| Debt | 1090.49 | 1247.20 | 1085.01 |
| Assets | 4897.33 | 4140.84 | 3757.51 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Indo-MIM RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Indo-MIM IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹11.02 | ₹10.79 |
| P/E Ratio (x) | 44.01 | 44.95 |
| Market Cap at Offer Price (₹ Cr) | ₹23,481.00 | ₹36,678.12 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹485 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹400.00 Cr of the issue is earmarked to named objects.
Indo-MIM IPO Anchor Investors
92 anchor investors across 54 fund houses committed ₹1,140.98 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 80 6930 2800
The bankers & the filings
Who is running the book, and the documents this page is built from.
Indo-MIM IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
SBI Capital Markets Ltd.
15 issues handledBest listing: Dhoot Transmission (+37.8%). Weakest: Central Mine Planning & Design Institute (-7.0%).
Axis Capital
31 issues handledBest listing: Moneyview (+61.8%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
ICICI Securities
25 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Kotak Mahindra Capital Company Limited
22 issues handledBest listing: Moneyview (+61.8%). Weakest: Amagi Media Labs (-12.2%).
Hdfc Bank Limited
4 issues handledBest listing: ICICI Prudential AMC (+20.1%). Weakest: NSE (+0.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Indo-MIM?
The current Grey Market Premium is ₹184, or 37.9% over the issue price.
What is the Indo-MIM IPO price band?
₹461 to ₹485, on a face value of ₹1.
When is the allotment?
The basis of allotment is 28 July 2026, with listing on 30 July 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
