- Price band
- To be announcedNot in this filing
- Issue size
- To be announcedAmount set with price
- Face value
- ₹1per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingWed, 2026
- OpensThu, 2026
- ClosesMon, 2026
- AllotmentTue, 2026
- ListingThu, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- —
- Offer for sale
- 6,82,91,022 shares
- Total issue
- —
- Face value
- ₹1
- Listing at
- NSE, BSE
- RHP date
- 17 Jul 2026
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Reservation
Share of the total issue- Employees100.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | — | — | 35% |
| Non-institutional investors (NII) | — | — | 15% |
| Qualified institutional buyers (QIB) | — | — | 50% |
| Employees | 2,00,000 | 100.00% | — |
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26, pre-issue- EPS (basic)
- ₹11.06
- EPS (diluted)
- ₹10.87
- RoNW
- 21.26%
- NAV per share (As on March 31, 2026)
- ₹58.24
- Debt to equity
- 0.39
- ROCE
- 26.60%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 4,192.99 | 3,329.58 | 2,870.40 |
| Total income | 4,320.70 | 3,373.97 | 2,900.38 |
| EBITDA | 1,070.92 | 932.60 | 743.46 |
| Profit after tax | 533.54 | 423.73 | 283.73 |
| Net worth | 2,819.55 | 2,199.43 | 2,050.51 |
| Reserves and surplus | 2,771.14 | 2,151.23 | 2,002.31 |
| Total assets | 4,897.33 | 4,140.84 | 3,757.51 |
FY 2025-26 vs FY 2024-25: revenue +25.9%, profit after tax +25.9%.
Source: Red Herring Prospectus dated 17 Jul 2026Updated
About the company
The company makes precision engineering components using metal injection molding and related technologies such as investment casting, precision machining and metal 3D printing. It serves automotive, defence, medical, consumer and aerospace customers, with manufacturing in India, the United States, the United Kingdom and Mexico, and a large share of revenue from exports.
- Incorporated
- 1996
- Industry
- Precision Engineering Components
- CIN
- U28110KA1996PLC137499
- Website
- indo-mim.com
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Jagadamba Chandrasekhar | Promoter | 1.16% | — | — |
| Krishna Chivukula | Promoter | 0.21% | — | — |
| Krishna Chivukula Jr. | Promoter | 0.00% | — | — |
| Raj Chivukula | Promoter | 0.00% | — | — |
| Green Meadows Investments Ltd | Selling shareholder | 90.44% | — | 6,05,24,322 |
| Anuradha Koduri | Selling shareholder | 1.13% | — | 54,59,000 |
| Indian Institute of Technology Madras | Selling shareholder | 0.95% | — | 23,07,700 |
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Repayment or prepayment of certain outstanding borrowings | 400.00 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Jiangsu Gian Technology Co, Ltd | ₹3.91 | 148.00× | 3.10% | ₹165.13 |
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Reported as the largest global manufacturer of MIM precision components by revenue share in calendar 2025.
- Operates 15 manufacturing facilities across India, the US, the UK and Mexico.
- Serves customers in 55 countries over the last three fiscals, with a large export share.
- Revenue and profit grew over fiscals 2024 to 2026 per the restated financials.
- Promoters have long industry experience, with the Chairman having over 30 years in MIM.
Risks
- Top 10 customers contributed about 38% to 42% of revenue in the last three fiscals.
- Export revenue is a large share of total revenue, exposing the company to foreign demand and tariff changes.
- Business is largely on purchase order basis without long-term volume commitments from customers.
- Significant borrowings and reliance on debt funding for capital expenditure.
- Offer includes a large offer for sale, so the company receives no proceeds from those shares.
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Contacts
Source: Red Herring Prospectus dated 17 Jul 2026Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 17 Jul 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the INDO-MIM IPO open and close?
According to the Red Herring Prospectus, the issue opens on Thursday, 23 July 2026 and closes on Monday, 27 July 2026. These dates are tentative.
What is the INDO-MIM IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will INDO-MIM shares list?
On NSE and BSE. The tentative listing date is Thursday, 30 July 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the INDO-MIM IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 28 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹400 Cr for repayment or prepayment of certain outstanding borrowings, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.