The Indo-MIM share price was ₹1,183.5 at 3:01 PM on 30 October 2026. The IPO price was ₹485, so the stock is up 144% and has more than doubled. The shares listed 92 days ago, on 30 July.
How has the Indo-MIM share price moved since listing?
The shares opened at ₹700 on listing day. That was 44.3% above the issue price. They have risen at every check since then.
| Date | Price | vs issue price of ₹485 |
|---|---|---|
| 30 July, listing open | ₹700 | +44.3% |
| 31 August, 30 days after listing (close) | ₹875.45 | +80.5% |
| 28 October, 90 days after listing (close) | ₹1,149 | +136.9% |
| 30 October, 3:01 PM | ₹1,183.5 | +144.0% |
Our data does not show a single reason for the rise, and we have not found a report that gives one.
What one lot would be worth now
One lot was 30 shares. At the upper band of ₹485, the minimum application was ₹14,550. The same 30 shares are worth about ₹35,500 at today's price.
What our data shows
The grey market had priced a listing gain of about 39% before the shares opened. The stock opened 44.3% higher, so the GMP was a little low. Since then the price has done far more than the listing day gain.
Only a handful of this year's mainboard IPOs have opened as strongly. Indo-MIM's open of +44.3% ranks 10th of 108 listings in 2026.
How strong was demand at the IPO?
The issue was subscribed 72.34 times in total. Big investors like mutual funds (QIBs) bid 204.34 times their quota. Retail investors bid 6.67 times, so not every retail applicant got a lot.
About the company and the issue
Indo-MIM makes metal injection moulded parts, used in cars, defence and medical products. It is based in Bengaluru and sells mostly outside India. The issue was ₹3,811 crore, mostly an offer for sale (OFS) by existing shareholders.
The company's FY26 revenue was ₹4,321 crore and profit was ₹534 crore. At the upper band, the stock was priced at about 45 times its earnings. The market value at the IPO price was about ₹36,678 crore.
What happens next
The anchor lock-in ended on 26 October. We covered it in our lock-in story, when the stock was 127% above the IPO price. The price now is a market price that can rise or fall each day.
You can see the full record on the Indo-MIM IPO page. Compare it with other listings on our IPO performance page.
