Indo-MIM Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹461 – ₹485
- Lot size
- 30 shares
- Issue amount
- ₹3,811.21 cr
- Total subscription
- 72.37×
- Opens
- 23 Jul 2026
- Closes
- 27 Jul 2026
- Allotment
- 28 Jul 2026
- Listing
- 30 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 7,86,00,300 shares
- Face value
- ₹1 per share
- Minimum investment
- ₹13,830
- Fresh issue
- ₹500 cr
- Offer for sale
- ₹3,321.11 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,550
- Issue type
- Bookbuilding IPO
- Shares before issue
- 48,20,30,772
- Shares after issue
- 49,44,62,350
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 30 | ₹14,550 |
| sHNI | 14 | 420 | ₹2,03,700 |
| bHNI | 69 | 2,070 | ₹10,03,950 |
Share reservation
Subscription & GMP
Subscription by category
Reported 27 Jul 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 9,14,670 | 45,63,791 |
| EMPLOYEES | 0 | 26,559 |
| HNIs(10L +) | 18,667 | 2,09,894 |
| HNIs (2-10L) | 9,333 | 3,20,302 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 760.21 | 1,55,437.51 |
| FIIs | 0 | 51,291.66 |
| FIs | 0 | 69,819.2 |
| Mutual Funds | 0 | 15,340.88 |
| Others | 0 | 18,985.77 |
| RETAIL | 1,330.85 | 8,881.89 |
| HNIs 2+ | 190.12 | 6,948.48 |
| HNIs 10+ | 380.24 | 21,937.76 |
| EMPLOYEES | 9.7 | 91.6 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 11.06 | 8.79 | 5.89 |
| ROE | 21.26 | 19.94 | 14.01 |
| ROCE | 26.6 | 23.51 | 19.59 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 43.85 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| INDO-MIM Limited | 43.85 | 0 | 1.00 | 58.24 | 21.26 | 11.06 |
| Jiangsu Gian Technology Co, Limited | 148.00 | 0 | 0 | 165.13 | 3.10 | 3.91 |
Company information
Company profile
Indo-MIM, incorporated in 1996, is a global leader in precision engineering components manufacturing using metal injection molding (MIM) technology. The company provides end-to-end solutions including mold design, tooling, machining, finishing, and assembly, and also leverages advanced technologies such as investment casting, ceramic injection molding, precision machining, and 3D metal printing. It serves diverse industries like automotive, defence, medical, consumer, and aerospace, with over 6,400 products manufactured in FY2025. Its portfolio includes critical components such as safety and fuel system parts for automobiles, firearm components for defence, surgical device parts for medical use, and high-precision aerospace components. With a global customer base of over 1,000 clients, the company operates 15 manufacturing facilities across India, the US, UK, and Mexico, supported by international sales offices and representatives across multiple countries, making it one of the largest MIM capacity holders globally.
Strengths
- Global Leader in MIM Manufacturing: The company is the world's largest manufacturer of precision engineering components using Metal Injection Moulding (MIM) technology, offering complete product development and manufacturing solutions.
- Diversified Product Portfolio: It serves multiple industries, including automotive, defence, medical, aerospace, and consumer goods, reducing dependence on any single sector.
- Integrated Global Manufacturing Network: With manufacturing facilities across India, the USA, the UK, and Mexico, the company benefits from strong global reach, scalability, and efficient customer support.
Risk factors
- No Long-Term Customer Commitments: The company mainly receives business through purchase orders and does not have long-term contracts with most customers. Any reduction or cancellation of orders could impact revenue.
- Raw Material Import Dependence: A significant portion of raw materials is imported, making the business sensitive to currency fluctuations, import regulations, and global market conditions.
- Manufacturing Disruption Risk: The company's operations depend on multiple manufacturing facilities. Any disruption due to equipment breakdowns, labour issues, or unforeseen events could affect production and profitability.
Promoters
Green Meadows Investments Ltd
Krishna Chivukula
Krishna Chivukula Jr.
Raj Chivukula
Jagadamba Chandrasekhar
Registrar & documents
Lead manager
Axis Capital Limited, Hdfc Bank Limited, ICICI Securities Limited, Kotak Mahindra Capital Company, SBI Capital Markets Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
5(P), KIADB Industrial Area, Hoskote, Bangalore Urban, Karnataka, 562114
+91 81 2347 9565
[email protected]Company website ↗Understanding INDOMIM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.