
Indo-MIM
CLOSEDIPO Date: 23 Jul - 27 Jul 2026
Listing Date: 30 Jul 2026
Price Range
Rs.461 - Rs.485
Issue Size
3811 Cr
Min Investment
₹13,830
Lot Size
30 Shares
Schedule of Indo-MIM
Issue open date
23 Jul 2026
Issue close date
27 Jul 2026
UPI mandate deadline
27 Jul 2026 (5 PM)
Allotment finalization
28 Jul 2026
Share credit
29 Jul 2026
Listing date
30 Jul 2026
Mandate end date
11 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 3811 Cr |
| Fresh Issue | 499.1 Cr |
| Offer for Sale | 3311.21 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 28 Jul 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 29 Jul 2026 | ₹485 | ₹186 | ₹671 (38.35%) |
| 26 Jul 2026 | ₹485 | ₹190 | ₹675 (39.18%) |
| 25 Jul 2026 | ₹485 | ₹181 | ₹666 (37.32%) |
| 24 Jul 2026 | ₹485 | ₹184 | ₹669 (37.94%) |
| 22 Jul 2026 | ₹485 | ₹185 | ₹670 (38.14%) |
| 21 Jul 2026 | ₹485 | ₹194 | ₹679 (40%) |
| 20 Jul 2026 | ₹485 | ₹195 | ₹680 (40.21%) |
| 19 Jul 2026 | ₹485 | ₹0 | ₹485 (0%) |
| 18 Jul 2026 | ₹485 | ₹0 | ₹485 (0%) |
Performance Indo-MIM
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.461 - Rs.485 | .... | .... | .... |
About Indo-MIM
Indo-MIM Limited is a precision engineering company that manufactures components using metal injection molding (MIM) technology. The company provides end-to-end manufacturing solutions, including mold design, tooling, finishing, and assembly. In addition to MIM, it also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing to manufacture components. Its products serve the automotive, defence, medical, consumer, and aerospace sectors, with applications ranging from vehicle safety systems and firearm components to surgical devices, aerospace parts, and consumer products. During FY26, the company manufactured over 9,000 product types. As of March 31, 2026, Indo-MIM operated 15 manufacturing facilities, including six in India, six in the United States, two in the United Kingdom, and one in Mexico. The company also has sales offices in China, Germany, and the United States, serving customers across North America, Europe, and Southeast Asia. Use of proceeds: The IPO consists of both a fresh issue and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes: Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the company — Rs 400 crore General corporate purposes
| Founded in | 1996 |
| Managing director | Mr Krishna Chivukula |
| Parent organization |
Financial Overview
Strengths
- INDO-MIM is a leading global provider of precision engineering components utilising metal injection molding technology.
- The company operates fifteen manufacturing facilities across India, the United States, the United Kingdom, and Mexico.
- The company offers end-to-end capabilities ranging from mold designing and tooling to finishing, assembly, and in-house stainless steel powder manufacturing.
- The business is diversified across major end-use industries including automotive, defence, medical, consumer products, and aerospace sectors.
- The company has a global customer footprint with long-standing relationships and exports to markets across North America, Europe, and Asia.
Risks
- The company derives a significant portion of its revenue from its top 10 customers.
- A major portion of revenue from operations is generated from exports to foreign jurisdictions.
- The company generally operates on a purchase order basis without long-term binding supply commitments from customers.
- The company relies on key international suppliers and imports a significant portion of its raw material requirements.
- Promoters, directors, and key managerial personnel have received show-cause notices regarding alleged non-compliance with cost auditor appointment rules.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 204.47 |
| Non-Institutional Investors (NIIs) | 50.65 |
| Retail Individual Investors (RIIs) | 6.69 |
| Employee | 9.44 |
| Total | 72.37 |