Indo-MIM IPO

Listed Mainboard
Min Investment
₹14,550
30 Shares
Min Investment
₹14,550 · 30 Shares
Open Jul 23
Close Jul 27
Allotment Jul 28
Refund Jul 29
Listing Jul 30

Market Sentiment

+Rs 187
+38.6%
Est. Listing: Rs 672
Updated: Jul 29, 2026 11:59 pm
Subscription Status
QIB
204.34x
NII
50.63x
bNII (>10L)
57.68x
sNII (2-10L)
36.53x
Retail
6.67x
Employee
9.44x
Total
72.34x
Updated: Jul 27, 2026 5:04 pm IST
Analysis Score 91 / 100
Strong Subscribe
Data: 80%
GMP Score 90
Subscription Score 100
Financial Health 77
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹461-485 per equity share
Face Value₹1 Per Equity Share
Lot Size 30 shares (Min ₹14,550)
Total Issue Size ₹3,811.21 crore
Fresh Share₹1,000.00 crore
Offer For Sale₹2,811.21 crore
Issue TypeBook Building Issue
Lead ManagerHDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co. Ltd., SBI Capital Markets Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atBoth
BSE Code544837
NSE SymbolINDOMIM
ISININE084101034
Listing Price₹700.00
Listing Gain+44.33%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 30 ₹14,550
Retail Maximum 13 390 ₹1,89,150
S-HNI Minimum 14 420 ₹2,03,700
S-HNI Maximum 68 2,040 ₹9,89,400
B-HNI Minimum 69 2,070 ₹10,03,950
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB1,56,74,49450.00%
NII (HNI)1,17,60,04515.00%
bNII > ₹10L78,41,88510.00%
sNII < ₹10L39,20,9445.00%
Retail2,74,40,10535.00%
Employee2,00,000
Anchor2,35,25,65629.93%
Total7,86,00,300

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 5
QIB 0.18x 1.11x 204.34x
NII 3.03x 8.44x 50.63x
bNII > ₹10L 2.75x 8.26x 57.68x
sNII 2-10L 3.57x 8.80x 36.53x
Retail 0.86x 1.89x 6.67x
Employee 1.49x 3.02x 9.44x
Total 1.13x 3.07x 72.34x

Financial Analysis

Financial Data
EPS (Pre)
Rs 11.06
ROE
21.26%
ROCE
26.60%
RoNW
21.26%
EBITDA Margin
25.54%
NAV/Share
Rs 58.24
Revenue Growth
28.06%
Profit Margin
12.35%
Financial Performance
Metric 2023 2024 2025 2026
Revenue 2,760.65 2,900.38 3,373.97 4,320.70
Expense 2,141.78 2,388.70 2,691.89 3,508.93
Profit (PAT) 462.69 283.73 423.73 533.54
Total Assets 3,380.45 3,757.51 4,140.84 4,897.33
Values in Crores (₹)
Promoters & Holding Pattern

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

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 48,41,53,072 92.94%
Promoter Holding Post Issue 49,44,62,350 77.65%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 72.3x overall (so far).
  • Strong institutional (QIB) demand — 204.3x.
  • Revenue grew 28% in the latest reported year.
  • Solid profit margin — 12.4%.
  • Strong return on equity — 21%.
Risks & Concerns
  • Largely an offer for sale — most proceeds go to selling shareholders, not the company.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Indo-MIM

Indo-MIM, founded in 1996, manufactures precision engineering components using metal injection molding (MIM) technology. Its product portfolio includes making engineering components for Automotive, Defence, Medical, Consumer, and Aerospace. The firm provides comprehensive solutions including mold design, tooling, finishing, and assembly. Indo-Mim uses advanced technologies, including investment casting, precision machining, ceramic injection molding, and 3D metal printing, catering to a wide range of industries. The firm manufactures fuel systems, powertrains, triggers, hammers, sights, crossbows, cellphone parts, tools, nozzles, locking rings, clevises, and many more. As of FY25, the firm has manufactured over 6,400 products and operates 3 sales offices in China, Germany, and the United States, serving more than 1,000 customers. The company runs 15 manufacturing facilities in India, the US, the UK, and Mexico.

Objects of the Issue
Purpose Amount (Cr)
Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company; and 720.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
July 22, 2026
Shares Offered to Anchors
2,35,25,656
Lock-in End (30 Days, 50%)
August 27, 2026
Lock-in End (90 Days, 50%)
October 26, 2026
Company Contact Information

Indo-MIM Ltd., 45(P), KIADB Industrial Area, Hoskote, Bangalore Urban, Karnataka, 562114

Indo-MIM IPO — Quick Take

Indo-MIM has set a price band of Rs 461–Rs 485 per share for an issue size of Rs 3,811 crore. The stock listed with a 44.33% gain versus its issue price on July 30, 2026.

Indo-MIM, founded in 1996, manufactures precision engineering components using metal injection molding (MIM) technology. Its product portfolio includes making engineering components for Automotive, Defence, Medical, Consumer, and Aerospace.

The issue is promoted by Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula and Jagadamba CHandrasekhar with HDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co. Ltd., SBI Capital Markets Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company; and (Rs 720 crore) and General Corporate Purpose.

Grey market is quoting a premium of +Rs 187 (+38.6% over issue price), down Rs 8 from the previous session. Final subscription data records overall subscription at 72.34x, retail at 6.67x, QIB at 204.34x, NII at 50.63x.

On fundamentals, the company is posting revenue growth of 28.1%, a profit margin of 12.4%, return on equity of 21.3% in its most recent reported period. Listed peers in this segment include Jiangsu Gian Technology Co, Ltd (P/E 148.00x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Indo-MIM IPO is Rs 461 to Rs 485 per share. Face value is Rs 1 per share.

The total issue size of Indo-MIM IPO is Rs 3,811 crore, comprising fresh issue of Rs 1,000 crore and offer for sale (OFS) of Rs 2,811 crore.

Retail investors must apply for a minimum of 1 lot of 30 shares, requiring an investment of Rs 14,550. Maximum retail application is 13 lots (390 shares, approx Rs 1,89,150).

Indo-MIM IPO opens for subscription on July 23, 2026 and closes on July 27, 2026. Anchor investor bidding is scheduled for July 22, 2026.

The expected allotment date for Indo-MIM IPO is July 28, 2026. Refunds for unsuccessful applicants are expected on July 29, 2026.

Indo-MIM IPO is scheduled to list on July 30, 2026 on both BSE and NSE. BSE script code: 544837, NSE symbol: INDOMIM, ISIN: INE084101034.

The current GMP (Grey Market Premium) of Indo-MIM IPO is +Rs 187 (+38.6% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Indo-MIM IPO is currently subscribed 72.34 times overall — retail at 6.67x, QIB at 204.34x, NII at 50.63x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 6.67x for Indo-MIM IPO, the estimated retail allotment probability is approximately 17.1%. This is a moderate probability of allotment.

The registrar for Indo-MIM IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Indo-MIM IPO are HDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co. Ltd., SBI Capital Markets Ltd..

The promoter(s) of Indo-MIM are Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula and Jagadamba CHandrasekhar.

Indo-MIM IPO GMP — What It Means

The latest grey market premium for Indo-MIM IPO is ₹187 (+38.6%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Indo-MIM it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Indo-MIM GMP history and trend, or learn how grey market premium works and how reliable it is.

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