Indo-MIM IPO to Open on July 23, 2026: Price Band, Issue Size, Timeline & Key Details

20 July 2026
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Indo-MIM is set to open its Initial Public Offering (IPO) for subscription on July 23, 2026. According to the Red Herring Prospectus (RHP), the ₹3,811.21 crore IPO comprises a fresh issue of up to ₹500.00 crore and an Offer for Sale (OFS) of up to ₹3,311.21 crore by existing shareholders.

The IPO will be available for subscription from Thursday, July 23, 2026, to Monday, July 27, 2026, with anchor investor bidding scheduled for Wednesday, July 22, 2026. The basis of allotment is expected to be finalised on July 28, 2026, and the shares are tentatively scheduled to be listed on both 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.

Indo-MIM IPO Category-wise Investment Limits

The application size for each category is as follows -

Category

Investment Range

Qualified Institutional Buyers (QIBs)

Not more than 50% of the Net Issue 

Non-Institutional Investors (NIIs)

Not less than 15% of the Net Issue 

Retail Individual Investors (RII)

Not less than 35% of the Net Issue 

The minimum investment amount for each category, based on the upper price band of ₹485 per share, is as follows -

Investor Category

Lots

Shares

Investment Amount (Approx.)

Retail (Minimum)

1

30

₹14,550

Retail (Maximum)

13

390

₹1,89,150

sNII (Minimum)

14

420

₹2,03,700

bNII (Minimum)

69

2,070

₹10,03,950

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

About Indo-MIM Limited

Indo-MIM manufactures precision engineering components using metal injection molding (MIM) technology and offers end-to-end solutions, including mold design, tooling, finishing, and assembly. With over 25 years of experience, it is the world's largest MIM component manufacturer, holding a 6.8% global market share in 2025.

Its products serve the automotive, defence, medical, consumer, and aerospace sectors. The company operates 15 manufacturing facilities across India, the US, the UK, and Mexico, serving over 1,100 customers globally, with international markets contributing 77.2% of 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

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.  

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