INDO MIM LIMITED
₹ 461 - ₹ 485
23-Jul-2026 - 27-Jul-2026
₹ 14550.00

/ 30 Shares

INDO MIM LIMITED

23-Jul-2026 - 27-Jul-2026

₹ 461 - ₹ 485

Price Band

₹ 14550.00

Minimum Investment

30

Bid Lot

78,618,857

Shares

IPO Details

Fresh Issue of Equity Shares aggregating up to RS.500 Cr and Offer for Sale of up to 68,291,022 Equity Shares

Category % Shares/Amount
QIB 50% 39,209,428 Shares RS.1901.66 CR
HNI 1 5% 3,920,943 Shares RS.190.17 CR @ 9336 FORM 1X
HNI 2 10% 7,841,886 Shares RS.380.33 CR @ 18671 FORM 1X
Retail 35% 27,446,600 Shares RS.1331.16 CR @ 914887 FORM 1X
Employee 0% 200,000 Shares RS.8.80 CR

BRLMs: Axis Capital, HDFC Bank, ICICI Securities, Kotak Mahindra Capital, SBI Capital Markets

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
914887 FORM 1X 9336 FORM 1X 18671 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 30 ₹ 14,550
Retail (Upto 2 Lakh) 13 390 ₹ 189,150
S-HNI (2 Lakh to 10 Lakh) 14 420 ₹ 203,700
S-HNI (2 Lakh to 10 Lakh) 68 2040 ₹ 989,400
B-HNI (Above 10 Lakh) 69 2070 ₹ 1,003,950

IPO Timeline

  • Open Date

    23-Jul-2026

  • Close Date

    27-Jul-2026

  • Basis of Allotment Date

    28-Jul-2026

  • Initiation of Refunds

    29-Jul-2026

  • Credit Shares to Demat A/c

    29-Jul-2026

  • IPO Listing Date

    30-Jul-2026

Subscription as on
24-Jul-2026 17:40

Category Book Size Subscription No. of Times
QIB 15,683,772 ₹ 760.66 Cr. 12,764,700 ₹ 619.09 Cr. 0.81x
HNI (<10 LAKH) 3,920,943 ₹ 190.17 Cr. 24,130,320 ₹ 1170.32 Cr. 6.15x
HNI2 (>10 LAKH) 7,841,886 ₹ 380.33 Cr. 52,744,230 ₹ 2558.10 Cr. 6.73x
RETAIL 27,446,600 ₹ 1331.16 Cr. 33,947,790 ₹ 1646.47 Cr. 1.24x
EMP 200,000 ₹ 9.70 Cr. 446,760 ₹ 21.67 Cr. 2.23x
Total 55,093,201 124,033,800 2.25x
Category Book Size Subscription No. of Times
QIB 15,683,772 ₹ 760.66 Cr. 12,764,700 ₹ 619.09 Cr. 0.81x
HNI (<10 LAKH) 3,920,943 ₹ 190.17 Cr. 24,130,320 ₹ 1170.32 Cr. 6.15x
HNI2 (>10 LAKH) 7,841,886 ₹ 380.33 Cr. 52,744,230 ₹ 2558.10 Cr. 6.73x
RETAIL 27,446,600 ₹ 1331.16 Cr. 33,947,790 ₹ 1646.47 Cr. 1.24x
EMP 200,000 ₹ 9.70 Cr. 446,760 ₹ 21.67 Cr. 2.23x
Total 55,093,201 124,033,800 2.25x

*Excluding Anchor

Total No. of Application Approx : ~875902 (0.96 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 77806.80 9336 (For 1x) 8.33x
HNIAT 30159.95 18671 (For 1x) 1.62x
RETAIL 1345938.00 914887 (For 1x) 1.47x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • q  Indo-MIM was originally incorporated on April 12, 1996.  Indo-MIM provides end-to-end solutions for the manufacturing precision engineering components using metal injection molding (“MIM”) technology. Their capabilities include mold design and tooling, along with finishing and assembly operations.
  • q  They manufacture products using the technologies: (i) Metal Injection Molding; (ii) Ceramic Injection Molding; (iii) Investment Casting; (iv) Precision Machining; and (v) Metal 3D Printing.
  • q  Indo-MIM has forayed into metal 3D printing technology, and as an early adopter, It is one of the first players to deploy the ‘Desktop Metal Production System’, the world’s first metal 3D printing system for mass production.
  • q  Indo-MIM has expanded its manufacturing capabilities over the years, and as of March 31, 2026, it has the world’s largest installed MIM capacity. Indo MIM is a preferred supplier for certain OEM customers.
  • q  The company has several manufacturing plants, including main plants in Hoskote, Bangalore, Doddaballapura, and Tirupati. In the United States, Indo-MIM Inc. in San Antonio, Texas, Triax Industries in Chandler, Arizona, and PDV Medtech specialise in directional solidification casting and CNC machining. CMG Technologies in the UK offers MIM and 3D printing services for various sectors.
  • q  Triax Industries, the 100% Wholly Owned Subsidiary of Indo-MIM, specialising in vacuum casting and serving the land-based gas turbine and aerospace industry.
  • q  INDO-MIM’s consolidated equipment across plants includes 200 molding machines, 45 big-size batch furnaces, and 5 continuous furnaces, 3 of which are the world’s largest continuous furnaces used in the MIM Industry.
  • q  As of March 31, 2025, they have 3 sales offices in China, Germany, and the United States, and 12 sales representatives in the Czech Republic, France, Israel, Poland, Italy, Japan, South Korea, and Turkey.
  • q  The company has won 24 awards from the Metal Powder Industries Federation (MPIF). INDO-MIM has established a leadership position in MIM, providing precision-engineered products to customers in more than 52 countries across the Americas, Europe, and Asia.
Read More

Strengths

Competitive Strength 

  • 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 a focus on efficiency
  • Export-driven player with extensive global distribution capability
  • Experienced promoters and management team supported by a large employee base
  • Track record of robust financial performance

Business Strategies 

Company Promoters

Company Financials

Indo-MIM Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 4,897.33 4,140.84 3,757.51
Total Income 4,320.70 3,373.97 2,900.38
Profit After Tax 533.54 423.73 283.73
EBITDA 1,070.92 932.60 743.46
NET Worth 2,819.55 2,199.43 2,050.51
Reserves and Surplus 2,573.46 2,030.81 1,889.04
Total Borrowing 1,090.49 1,247.20 1,085.01
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company 400.00
2 General Corporate Purposes  
  Total 400.00

How to Apply

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  • Step 05 :

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