Indo-MIM came to market through an IPO that opened on 23 July 2026 and closed on 27 July 2026, and the shares listed on 30 July 2026 on BSE, NSE. The price band was ₹461 to ₹485 per share and one lot was 30 shares, so the minimum application was ₹14,550. The issue size was ₹3812.11 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹700, a gain of 44.3% against the issue price of ₹485. MUFG Intime India Pvt.Ltd was the registrar to the issue, and HDFC Bank Ltd., Axis Capital Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co.Ltd., SBI Capital Markets Ltd were the lead managers.
As of 27 July 2026.
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Overall the issue was subscribed 72.37 times.
Established in 1996, Indo-MIM is a world leader in the production of precision engineering components through metal injection molding (MIM) technology. Indo-MIM provides end-to-end solutions in mold design, tooling, finishing, and assembly.Apart from MIM, Indo-MIM also employs advanced technologies such as investment casting, precision machining, ceramic injection molding, and 3D metal printing to cater to various industries. In FY 2025, Indo-MIM has produced more than 6,400 products, which are used in the automotive, defense, medica, consumer, and aerospace sectors.
Product Portfolio: Automotive: Safety, Fuel Systems, Powertrain, and Interior Components Defense: Firearm Components such as Triggers, Hammers, and Sights Medical: Components for Surgical Devices in Endoscopy, Laparoscopy, Dental Robotics, and Orthopedic Applications Consumer: Fashion Accessories, Crossbows, Cell Phone Components, Tools, and Hardware Aerospace: Manifolds, Housings, Nozzles, Locking Rings, Clevises, and Brackets for Original Equipment Manufacturers The company has the capability to market its products globally with a sales team exclusively dedicated to providing customer service.
As of March 31, 2025, the company 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, the company has served over 1000 customers
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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INDO-MIM Limited finalised its anchor investor allocation on July 22, 2026, raising ₹1,141.00 crore from 92 institutional investors at an anchor price of ₹485 per share. The anchor book comprises 2,35,25,656 equity shares allocated across domestic mutual funds, life insurance companies, and foreign portfolio investors.
Domestic mutual funds received 55.98% of the anchor allocation through 23 fund houses across 60 schemes, including ICICI Prudential Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Kotak Mahindra Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Bandhan, HSBC Mutual Fund, Mirae Asset, UTI, Motilal Oswal, Quant Mutual Fund, Tata Mutual Fund, Invesco India, Canara Robeco, Edelweiss, Union, Franklin, LIC MF, PGIM India, Abakkus, 360 One, and Dynasif.
Life insurance companies received 9.64% of the anchor allocation, with ICICI Prudential Life Insurance, SBI Life Insurance, HDFC Life Insurance, and Bajaj Life Insurance each receiving 1.75%–1.76%. Foreign investors including Ashoka Whiteoak ICAV, Government Pension Fund Global, Goldman Sachs India Equity Portfolio, Aranda Investments, Amansa Holdings, Blackrock Global Funds, Pinebridge Global Funds, DSP India Fund IFSC, and Societe Generale also participated.
Green Meadows Investments Ltd, Krishna Chivukula Krishna Chivukula Jr., Raj Chivukula, Jagadamba CHandrasekhar. Promoter holding 92.94% before the issue and 77.65% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Indo-MIM IPO was a ₹3,812.11 crore book-built issue, comprising a fresh issue of ₹500 crore and an offer for sale of ₹3,312.11 crore. It was priced at ₹461–₹485 per share with a lot size of 30 shares (₹14,550). The IPO was open from July 23 to July 27, 2026 and was subscribed 72.37x. Shares listed on BSE and NSE on July 30, 2026 at ₹700, a 44.3% premium to the issue price of ₹485. MUFG Intime India Pvt. Ltd.
is the registrar. HDFC Bank Ltd. and 4 other book running lead managers manage the issue.
The price band of Indo-MIM IPO is ₹461 to ₹485 per share.
The lot size of Indo-MIM IPO is 30 shares.
The minimum investment for Indo-MIM IPO is approximately ₹14,550 based on the upper price band.
The allotment date of Indo-MIM IPO is Jul 28, 2026.
No GMP quote could be verified as recorded before Indo-MIM IPO listed. A grey-market observation of ₹172 per share was recorded on 30 Jul 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹700. GMP is unofficial and does not forecast or guarantee the actual listing price.
Indo-MIM IPO listed on Jul 30, 2026. It was issued at ₹700.0(NSE) and is currently around ₹1165.30 as on 30-Oct-2026 3:30 PM, which is approximately 140.3% versus issue price. The 52-week high is ₹1,374.40.
You can check Indo-MIM IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Indo-MIM IPO allotment status on Rupix for quick and easy access.
₹461 to ₹485 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 30 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,550.
₹14,550, for one lot of 30 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 July 2026 and closed on 27 July 2026.
The basis of allotment was published on 28 July 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 30 July 2026 on BSE, NSE, opening at ₹700.
The issue size was ₹3812.11 crore. The fresh issue was 1,03,09,278 shares (aggregating up to ₹500 crore). The offer for sale was 6,82,91,022 shares (aggregating up to ₹3312.11 crore).
It listed at ₹700 against an issue price of ₹485, a gain of 44.3 percent on listing day.