Indo-MIM Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 204.47x | 15,674,494 | 3,204,897,090 | ₹760 Cr |
| NII (HNI) | 50.65x | 11,760,045 | 595,592,640 | ₹570 Cr |
| Retail | 6.69x | 27,440,105 | 183,497,820 | ₹1,331 Cr |
| Employee | — | 200,000 | — | ₹10 Cr |
| Σ Total | 72.37x | 55,074,644 | 3,985,876,230 | ₹2,671 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14,550 |
| Retail (Max) | 13 | 390 | ₹189,150 |
| S-HNI (Min) | 14 | 420 | ₹203,700 |
| B-HNI (Min) | 67 | 2,010 | ₹974,850 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 4,321 | 3,374 | 2,900 |
| EBITDA | 1,071 | 933 | 743 |
| Profit After Tax | 534 | 424 | 284 |
| Net Worth | 2,820 | 2,199 | 2,051 |
| Total Assets | 4,897 | 4,141 | 3,758 |
| Reserves & Surplus | 2,573 | 2,031 | 1,889 |
| Total Borrowing | 1,090 | 1,247 | 1,085 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company – 400.00
- General Corporate Purposes –
Company Overview
Incorporated in 1996, 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, 2026, it has three sales offices in China, Germany and the United States, with 13 sales representatives in Czech Republic, France, Italy, Japan, South Korea, Israel, Poland and Turkey. In Fiscal 2026, it has served more than 1,100 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.
Competitive Strengths
- 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 focus on efficiency
- Export driven player with extensive global distribution capability
- Experienced promoters and management team
- Track record of robust financial performance