Indo-MIM IPO Day 1: Subscription Status & Key Issue Details
Indo-MIM’s ₹3,811.21 crore IPO opened for subscription today, July 23, 2026, with a price band of ₹461 to ₹485 per share. As of 10:33 AM on Day 1, the issue had been subscribed 0.12 times.
The IPO will remain open for subscription until July 27, 2026. The basis of allotment is expected to be finalised on July 28, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on July 30, 2026.
Indo-MIM IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹3,811.21 crore
- Fresh Issue: Up to ₹500.00 crore
- Offer for Sale (OFS): Up to ₹3,311.21 crore
- Face Value: ₹1 per equity share
- Price Band: ₹461 to ₹485 per share
- Lot Size: 30 shares
- Minimum Investment Amount (Retail Investor): ₹14,550 (30 shares at the upper price band)
- Listing: BSE, NSE
- Book Running Lead Managers: HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited
- Registrar: MUFG Intime India Private Limited
Indo-MIM IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
23 July 2026 |
|
Subscription Closing Date |
27 July 2026 |
|
Basis of Allotment Date |
28 July 2026 |
|
Refund Initiation Date |
29 July 2026 |
|
Credit of Shares |
29 July 2026 |
|
Listing on BSE and NSE |
30 July 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Repayment or prepayment, in full or part, of certain outstanding borrowings availed by the company
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Indo-MIM IPO Day 1 Subscription Status
[July 23, 2026, 10:33 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.26x |
|
Retail Individual Investors (RIIs) |
0.13x |
|
Employees |
0.31x |
|
Total |
0.12x |
About Indo-MIM Limited
Indo-MIM manufactures precision-engineered components using metal injection molding (MIM) technology and provides integrated manufacturing solutions, covering mold design, tooling, finishing, and assembly. Backed by more than 25 years of industry experience, the company is the world's largest MIM component manufacturer, with an estimated 6.8% share of the global market in 2025.
Its products cater to industries such as automotive, defence, medical, consumer goods, and aerospace. The company operates 15 manufacturing facilities across India, the United States, the United Kingdom, and Mexico, serving more than 1,100 customers worldwide. International markets accounted for 77.2% of its revenue in Fiscal 2026.
Financial Performance
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
4,192.98 |
3,329.57 |
2,870.39 |
|
Profit After Tax |
533.54 |
423.73 |
283.73 |
|
EBITDA |
1,070.92 |
932.59 |
743.46 |
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