Indo-MIM IPO: dates, price band, lot size and GMP

Indo-MIM logo

Indo-MIM IPO listed on 30 Jul at ₹700 (NSE, BSE). Issue dates 23 – 27 Jul 2026, price band ₹485, lot 30 shares. The shares ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠now trade on the exchange; any pre-IPO price on this site is historical.

Listing: Indo-MIM listed on 30 Jul 2026 on NSE, BSE at ₹700, +₹215 (+44.3%) against the ₹485 upper ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠band. Indo-MIM IPO listing date, price and gain · Recently listed IPOs

Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.

BuyUnlistedShares tracks 208 IPOs on its calendar; the Indo-MIM IPO has a price ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠band of ₹485, a lot of 30 shares and no grey-market premium reported yet as of 17 Oct 2026.

Key details

Indo-MIM IPO key details
BoardMainboard
Issue dates23 – 27 Jul 2026
Price band₹485
Lot size30 shares
Issue size₹3,811.21 Cr
Fresh issue₹499.1 Cr
Offer for sale₹3,311.21 Cr
Subscription72.37x
RegistrarMUFG Intime India Pvt.Ltd.
Lead managersHDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co.Ltd., SBI Capital Markets Ltd.
StatusListed

Timeline

  1. Issue opens: 23 Jul
  2. Issue closes: 27 Jul
  3. Allotment: 28 Jul
  4. Refunds: 29 Jul
  5. Demat credit: 29 Jul
  6. Listing: 30 Jul

Live subscription

Indo-MIM IPO subscription by category, times subscribed
CategorySubscribed
QIB204.47x
NII50.65x
sNII36.55x
bNII57.69x
Retail6.69x
Total72.37x

Last updated 27 Jul 2026, 6:55 PM IST.

Issue details

Indo-MIM IPO issue details
Face value₹1
Issue typeBook Build Issue
Listing atNSE, BSE
Market cap at the upper band₹23,981 Cr
P/E (pre-issue)44.01x
P/E (post-issue)44.95x
Fresh issue (shares)1,03,09,278
Offer for sale (shares)6,82,91,022
Total shares offered7,86,00,300
Promoter holding pre-issue92.94%
Promoter holding post-issue77.65%
PromotersGreen Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula, Jagadamba CHandrasekhar
Lead managersHDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co.Ltd., SBI Capital Markets Ltd.
Registrar phone022-49186000
Registrar emailindomim.ipo@in.mpms.mufg.com
Company websiteindo-mim.com
Anchor bid date22 Jul 2026
Anchor lock-in ends (50%)27 Aug 2026
Anchor lock-in ends (remaining)26 Oct 2026

Lot sizes by investor category

Indo-MIM IPO lot sizes
CategoryLotsSharesAmount
Retail (minimum)130₹14,550
Retail (maximum)14420₹2,03,700
sNII (minimum)14420₹2,03,700
bNII (minimum)692,070₹10,03,950

Reservation

Indo-MIM IPO reservation by category
CategoryShare of issueShares offeredBasis
Anchor Investor29.9%2,35,25,656
QIB19.9%1,56,74,494Not more than 50% of the Net Offer
NII (HNI)15%1,17,60,045Not less than 15% of the Net Offer
sNII5%39,20,015
bNII10%78,40,030
Retail34.9%2,74,40,105Not less than 35% of the Net Offer
Employee0.3%2,00,000

Subscription by day

Indo-MIM IPO subscription, day-end figures
DayQIBNIIsHNIbHNIRetailTotal
Day 1 · 27 Jul204.47x50.65x36.55x57.69x6.69x72.37x

Key ratios as of 31 Mar 2025

Indo-MIM IPO key ratios
EPS (pre-issue)₹11.02
EPS (post-issue)₹10.79
P/E (pre-issue)44.01x
P/E (post-issue)44.95x
RoNW19.94%
RoCE23.51%
RoE19.94%
PAT margin12.73%
EBITDA margin28.01%
Price / book10.63x
NAV per share₹45.63
Debt / equity0.57
Market cap (upper band)₹23,981 Cr

Financials (₹ Cr)

Indo-MIM financials as filed, ₹ Cr
MetricFY26FY25FY24FY26 vs FY25
Assets4,897.334,140.843,757.51+18.3%
Total Income4,320.73,373.972,900.38+28.1%
Profit After Tax533.54423.73283.73+25.9%
EBITDA1,070.92932.6743.46+14.8%
NET Worth2,819.552,199.432,050.51+28.2%
Reserves and Surplus2,573.462,030.811,889.04+26.7%
Total Borrowing1,090.491,247.21,085.01−12.6%

About Indo-MIM

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.

Product Portfolio : Automotive : safety, fuel systems, powertrain, and interiors Defence : firearm components like triggers, hammers, and sights Medical : parts for surgical devices in endoscopy, laparoscopy, dental robotics, and orthopedics Consumer : fashion accessories, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠crossbows, cellphone parts, tools, and hardware Aerospace : manifolds, housings, nozzles, locking rings, clevises, and brackets for OEMs The company has global sales capabilities with a dedicated sales team that provides customer support.

As of March 31, 2025, it has three sales offices in China, Germany and the United States, with 12 sales representatives in Czech Republic, France, Italy, Japan, South Korea, Israel, Poland and Turkey. In Fiscal 2025, it has served more than 1000 customers Manufacturing: The company operates 15 manufacturing facilities across India, the US, the UK, and Mexico, and hold the world's largest installed MIM capacity (Source: F&S Report). Its global presence ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠includes sales offices in China, Germany, and the US, and sales representatives across Europe and Asia.

Objects of the issue

  1. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company — ₹400 Cr
  2. General Corporate Purposes

Net proceeds: ₹400 Cr

Peer comparison

Indo-MIM IPO listed peers, financial year ended 31 Mar 2025
CompanyEPS (Basic)EPS (Diluted)NAV (₹ per share)P/E (x)RoNW (%)Financial statements
Indo-MIM Ltd. (issuer)11.0610.8758.24—21.26%—
iangsu Gian Technology Co, Ltd3.913.77165.13148x3.1%—

To be computed after finalisation of the Price Band. Source: Data is for Calendar year 2025; Source: Annual Report; 1 CNY = ₹13.95. Source is Eikon accessed on July 14, 2026 & Annual Report; Price is CNY 41.44. Source for industry peer information included above is the annual report of Jiangsu Gian Technology Co. Ltd for Calendar year 2025, 2024, and 2023.

Offer documents: DRHP (PDF) · RHP (PDF)

Frequently asked questions

When does the Indo-MIM IPO open and close?

The issue is scheduled for 23 – 27 Jul 2026.

What is the Indo-MIM IPO price band?

The price band is ₹485 per share with a lot size of 30 shares.

How big is the Indo-MIM IPO?

The total issue size is ₹3,811.21 Cr, of which ₹499.1 Cr is a fresh issue and ₹3,311.21 Cr an offer for sale.

When will Indo-MIM list?

The tentative listing date is 30 Jul on the main board.

How do I apply for the Indo-MIM IPO?

Apply through your broker or bank using ASBA or UPI within the issue ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.

Sources

How to cite this page: BuyUnlistedShares, “Indo-MIM IPO”, https://buyunlistedshares.com/ipo/indo-mim-ipo, as of 17 Oct 2026.

Other IPOs on the calendar

Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠⁠​​⁠​⁠⁠⁠⁠⁠​​⁠⁠⁠​​​⁠⁠⁠​​⁠⁠​​​​​​​⁠⁠​⁠⁠​⁠​⁠​​⁠⁠​​⁠⁠​​⁠desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.

Guides for IPO applicants and pre-IPO holders

All unlisted shares · IPO calendar · Research & learning · Send an enquiry · Calculators · Jobs · About · Contact · Privacy · Terms · Disclaimer · Grievance redressal

Guides: Start investing · Evaluate a company · How prices are set · Risks · Lock-in periods · After the IPO · Sell ESOPs · NRI investors · Buybacks · Choosing a platform

BuyUnlistedShares (BUS) · Gayatri Financial Synergy LLP (LLPIN ACU-4678) · SCO-39, 1st Floor, HUDA Market, Sector-7, Faridabad, Haryana 121006 · +91 916-916-59-59

Indo-MIM IPO Listing Date, Price & Gain | BuyUnlistedShares