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BSE, NSE

Indo-MIM Ltd

Listed

Incorporated in 1996, Indo-MIM is a global leader in manufacturing precision engineering components using metal injection molding (MIM) technology.

Issue details

Price band

₹461 – ₹485

Face value

₹1

Lot size

30 shares

Minimum investment

₹14,550

Issue size

₹3812.11 Cr

Fresh issue

₹500.78 Cr

Offer for sale

₹3311.33 Cr

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

23 Jul 2026

Closes

27 Jul 2026

UPI mandate cut-off

5:00 PM on 27 Jul 2026

Allotment

28 Jul 2026

Refunds

29 Jul 2026

Shares in demat

29 Jul 2026

Listing

30 Jul 2026

Subscription and listing

Subscription

50.89x

Listing price

₹700

Registrar

MUFG Intime India Pvt Ltd

Lead manager

HDFC Bank, Axis Capital, ICICI Securities, Kotak Mahindra Capital Co., SBI Capital Markets

Subscription by category

Total

50.89x

Total applications

49,66,621

Anchor investors

Amount raised

₹1,140.99 Cr

Bid date

22 Jul 2026

50% lock-in ends

26 Aug 2026

Rest lock-in ends

25 Oct 2026

Listing day

Issue price

₹485

Open

₹700.00

High

₹757.75

Low

₹700.00

Day close

₹741.75

Listing gain at open

+44.33%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

3,92,09,428

49.87%

Anchor Investor Shares Offered

2,35,25,656

29.92%

QIB (Ex. Anchor) Shares Offered

1,56,83,772

19.95%

NII Shares Offered

1,17,62,829

14.96%

bNII > ₹10L

78,41,885

9.97%

sNII < ₹10L

39,20,944

4.99%

Retail Shares Offered

2,74,46,600

34.91%

Employee Shares Offered

2,00,000

0.25%

Total Shares Offered

7,86,18,857

100.00%

Finaccle’s quick read

Apply

FY26 income up 28%, PAT up 26%, ROE 21.26%, D/E 0.39, post-issue P/E 44.95x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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.

Founded

1996

1996

Promoters

Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula, Jagadamba CHandrasekhar

Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula, Jagadamba CHandrasekhar

Promoter holding

92.94% pre-issue; 77.65% post-issue

92.94% pre-issue; 77.65% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

4,320.70

4,320.70

1,070.92

533.54

533.54

2,819.55

1,090.49

1,090.49

4,897.33

FY25

FY25

3,373.97

3,373.97

932.60

423.73

423.73

2,199.43

1,247.20

1,247.20

4,140.84

FY24

FY24

2,900.38

2,900.38

743.46

283.73

283.73

2,050.51

1,085.01

1,085.01

3,757.51

ROE

21.26%

ROCE

26.60%

Debt / equity

0.39

PAT margin

12.72%

P/E post issue

44.95

Market cap

₹23,981.42 Cr

Use of IPO money

Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company

₹400.00 Cr

General Corporate Purposes

₹85.44 Cr

Issue Expenses

₹111.00 Cr

Strengths

✓

Revenue up 28% in FY26 to ₹4,320.70 Cr

✓

PAT up 26% in FY26 to ₹533.54 Cr

✓

PAT margin of 12.72%

✓

ROE of 21.26% and ROCE of 26.60%

✓

Moderate leverage: debt to equity 0.39

Risks to watch

!

87% of issue is an offer for sale; company gets less fresh money

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.