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

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 machines45 big-size batch furnaces, and 5 continuous furnaces3 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.
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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

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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