Indo-MIM IPO

Get the latest Indo-MIM IPO details, including issue size, price band, lot size, IPO dates, GMP, subscription status, allotment, listing date, financials, review, and key investment information.

Upcoming 3,811.21 BSE, NSE
Issue size 7,86,00,300 Price band ₹461 – ₹485Face value 1Lot size 30 sharesLatest GMP ₹190Updated Jul 29, 2026

Indo-MIM IPO Details

Indo-MIM IPO bidding opened for subscription on Jul 23, 2026 and will close on Jul 27, 2026. The allotment for the Indo-MIM IPO is expected to be finalized on Jul 28, 2026. Indo-MIM IPO will list on NSE and BSE with a tentative listing date fixed as Jul 30, 2026.

IPO Open Date
Jul 23, 2026
IPO Close Date
Jul 27, 2026
Price Band
₹461 – ₹485
Face Value
1
Lot Size
30 Shares
Listing Date
Jul 30, 2026
Total Issue Size
7,86,00,300
Fresh Issue
1,03,09,278
Offer for Sale
6,82,91,022
Issue Type
3,811.21
Min Investment
₹14,550
Registrar

Indo-MIM IPO GMP

The Indo-MIM IPO GMP snapshot provides the latest Grey Market Premium (GMP), Kostak Rate, and Subject to Sauda updates in a quick overview. These unofficial grey market indicators help investors gauge market sentiment ahead of the IPO listing. Since GMP values are not regulated by SEBI and may change frequently, they should be used only as a reference while evaluating the IPO.

Latest GMP
₹190
Est. Listing Price
₹675
Est. Listing Gain
39.18%

See full day-wise GMP & listing estimate →

Indo-MIM IPO Timeline (Tentative)

The tentative timeline for the Indo-MIM IPO includes the IPO opening and closing dates, basis of allotment, refund initiation, demat credit, and expected listing date. The schedule below is based on the official IPO timetable.

EventTentative Date
IPO Open DateThu, Jul 23, 2026
IPO Close DateMon, Jul 27, 2026
Basis of AllotmentTue, Jul 28, 2026
Initiation of RefundsWed, Jul 29, 2026
Credit of Shares to DematWed, Jul 29, 2026
Listing DateThu, Jul 30, 2026
IPO OpensJuly 23, 2026
IPO ClosesJuly 27, 2026
Basis of AllotmentJuly 28, 2026
Refund InitiationJuly 29, 2026
Shares Credited to DematJuly 29, 2026
Listing DateJuly 30, 2026

Indo-MIM IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof.

ApplicationLotsSharesAmount (₹)
Retail (Minimum)13014,550
Retail (Maximum)133901,89,150
S-HNI (Minimum)144202,03,700
B-HNI (Minimum)692,0409,89,400

Indo-MIM IPO Reservation

Indo-MIM IPO comprises a total issue size of 7,86,00,300 shares. The net offer to the public is 7,84,00,300 shares, after excluding 2,00,000 shares under a preferential allotment. Of the Net offer 3,92,00,150 (50.00%) are allocated to QIB, 1,17,60,045 (15.00%) allocated to NII 2,74,40,105 (35.00%) allocated to RII.

QIB 50% NII 15% Retail 35%

Indo-MIM IPO Subscription

The Indo-MIM IPO subscription status shows the number of times the issue has been subscribed by different investor categories during the IPO bidding period. Subscription figures are updated periodically while the IPO remains open and reflect investor demand across Retail, QIB, NII/HNI, Employee, and other eligible categories.

CategorySubscription (times)
QIB204.47
NII/HNI50.65
Retail6.69
Employee9.44
Total72.37

About Indo-MIM

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.

Competitive Strengths

  • 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
  • Track record of robust financial performance

Strengths

  • One of the leading global manufacturers of precision engineering components using Metal Injection Moulding (MIM) technology.
  • Diversified customer base across automotive, aerospace, medical, industrial, consumer, and defense sectors.
  • Strong global presence with exports to multiple international markets.
  • Advanced manufacturing capabilities supported by continuous investment in technology and research.
  • Experienced management team with a proven track record in precision engineering.
  • Long-standing relationships with leading global OEMs.
  • Consistent focus on quality, innovation, and operational efficiency.

Risks to Consider

  • Revenue depends significantly on demand from automotive and industrial sectors.
  • The business is exposed to fluctuations in raw material prices and foreign exchange rates.
  • Global economic slowdowns may impact export demand and profitability.
  • The company operates in a highly competitive precision engineering industry.
  • Delays in customer orders or production disruptions may adversely affect financial performance.
  • Expansion projects require substantial capital expenditure and efficient execution.
  • Investors should carefully review the Risk Factors section of the Red Herring Prospectus (RHP) before making an investment decision.

Indo-MIM Financials (₹ Cr)

The table below presents the key financial highlights of Indo-MIM for the reported periods, including revenue, profit after tax (PAT), total assets, and net worth. These financial figures are sourced from the company's official RHP and help investors evaluate its financial performance before investing in the IPO.

PeriodRevenuePATTotal AssetsNet Worth
FY2026To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2025To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2024To be UpdatedTo be UpdatedTo be UpdatedTo be Updated

KPIs & Valuation

The table below highlights the key financial and valuation metrics of Indo-MIM, including profitability, return ratios, leverage, and valuation indicators. These KPIs help investors assess the company's financial health, operational efficiency, and valuation before making an investment decision.

ROE
21.26
ROCE
26.60
RoNW
21.26
PAT Margin
12.72
EBITDA Margin
25.54
P/E Ratio
44.01
Book Value per Share
10.63
Pre-IPO EPS
11.02
Post-IPO EPS
10.79
Pre-IPO P/E
44.01
Post-IPO P/E
44.95

Objects of the Issue

The net proceeds from the fresh issue of the Indo-MIM IPO are proposed to be utilized for the objectives specified in the Red Herring Prospectus (RHP). The company intends to use the funds to strengthen its financial position, support future growth, and meet general corporate requirements. Investors should refer to the RHP for the complete details regarding the proposed utilization of the IPO proceeds.

  • Repayment or prepayment of certain outstanding borrowings.
  • Funding capital expenditure and expansion plans.
  • Investment in manufacturing capacity and technology.
  • General corporate purposes.

Promoters, Lead Managers & Registrar

The following table provides key details about the promoters and the intermediaries associated with the Indo-MIM IPO, including the Book Running Lead Managers (BRLMs) and the Registrar to the Issue. These entities play an important role in managing the IPO process, regulatory compliance, allotment, and investor services. Investors can refer to this information for official IPO-related assistance and updates.

Promoters

Indo-US MIM Tec Private Limited and Promoter Group

Lead Managers (BRLM)

HDFC Bank Ltd. (Past IPO Performance)Axis Capital Ltd. (Past IPO Performance)ICICI Securities Ltd. (Past IPO Performance)Kotak Mahindra Capital Co.Ltd. (Past IPO Performance)SBI Capital Markets Ltd. (Past IPO Performance)Lead Manager Report

Indo-MIM IPO Review

Indo-MIM is one of the leading manufacturers of precision-engineered metal components using Metal Injection Moulding (MIM) technology. The company serves a diversified customer base across automotive, aerospace, medical, industrial, defense, and consumer sectors, with a significant presence in international markets.

The company benefits from advanced manufacturing capabilities, long-standing customer relationships, and increasing demand for high-precision engineering components. Its diversified end-user industries and export-oriented business model provide opportunities for long-term growth.

However, investors should also consider factors such as dependence on global industrial demand, raw material price volatility, foreign exchange fluctuations, and execution risks associated with expansion plans. A careful review of the company's financial statements, valuation, and the Red Herring Prospectus (RHP) is recommended before making an investment decision.

How to Apply

How to Apply for the Indo-MIM IPO

Investors can apply for the Indo-MIM IPO through the ASBA (Application Supported by Blocked Amount) facility offered by banks or through the UPI-based IPO application process available on registered stock broker platforms.

Step 1: Log in to Your Trading Account

Sign in to your stock broker's website or mobile application that supports IPO investments.

Step 2: Select the Indo-MIM IPO

Go to the IPO section and select Indo-MIM IPO from the list of available public issues.

Step 3: Enter Your Bid Details

Enter the number of lots you wish to apply for and choose your bid price within the specified price band. Retail investors may also apply at the cut-off price, if available.

Step 4: Provide Your UPI ID or Apply Through ASBA

Retail investors can enter a valid UPI ID to complete the application. Alternatively, investors may apply through their bank's ASBA facility via net banking.

Step 5: Submit the IPO Application

Review all the details carefully and submit your IPO application before the closing date.

Prospectus & Documents

The table below provides links to the important documents related to the Indo-MIM IPO, such as the Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP), and other official filings. These documents contain detailed information about the company's business, financial performance, risk factors, issue structure, and other key disclosures. Investors are encouraged to review the official documents before making any investment decision.

Last updated Jul 29, 2026.

Frequently Asked Questions

The Indo-MIM IPO is a book-built public issue through which the company aims to raise funds by issuing equity shares to investors.

The IPO price band has been fixed at ₹461 to ₹485 per equity share.

The IPO opened on July 23, 2026, and closed on July 27, 2026.

The minimum application lot is 30 equity shares.

At the upper price band, the minimum investment for retail investors is ₹14,550.