Indo-MIM Ltd IPO

Indo-MIM Ltd IPO

We provide end-to-end solutions for the manufacture of precision engineering components using metal injection molding (MIM) technology. Our capabilities include mold designing and tooling, coupled with finishing and assembly operations. With over 25 years of experience in the MIM industry, we are the largest manufacturer globally of precision engineering components using MIM technology, with a market share of 6.8% in terms of revenue from MIM in Calendar Year 2025 and have held this position for the last six years.

Indo-MIM Ltd IPO Details

Total Shares Offered

₹ 7,86,18,857

Offer to Public

6,82,91,022

Retail Max (Shares)

₹ 2,74,46,599

Pre Issue Promoters Holding

₹ 44,99,50,587

Exchange

BSE

Issue size

₹ 3812.12 Cr

IPO Open Date

Jul 23, 2026

Close Date

Jul 27, 2026

Lot Size

30

Min Investment

₹ 13,830

Issue Type

Book Building

Listing Date

Jul 30, 2026

Indo-MIM Ltd IPO Dates

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Jul 23, 2026
Opening date
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Jul 27, 2026
Closing date
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Jul 28, 2026
Basis of Allotment
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Jul 29, 2026
Initiation of Refunds
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Jul 29, 2026
Credit of Shares
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Jul 30, 2026
Listing date

Details

SectorType
SectorEngineering
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Indo-MIM Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3,329.582,870.402,692.76
EBITDA845.89683.36808.91
PAT403.52288.29415.78
Total Assets1,808.761,470.761,056.53
Share Capital48.2048.2047.99
Total Borrowings1,717.651,450.61543.41
Operating Activities (Net Cash)553.99418.83541.14
Investing Activities (Net Cash)294.96417.70385.01
Financing Activities (Net Cash)1,717.651,450.61543.41
Net Cashflow62.4691.85144.02

About Indo-MIM Ltd

Our Company was originally incorporated as `A F Technologies India Private Limited' on April 12, 1996 at Hyderabad, Andhra Pradesh as a private limited company under the Companies Act, 1956, and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh at Hyderabad (RoC Hyderabad). The name of our Company was changed to `Indo-US MIM Tech Private Limited' to ensure compliance with the conditions of termination of a collaboration agreement entered into by our Company, and a fresh certificate of incorporation pursuant to change of name was granted by the ROC Hyderabad on August 21, 2001. The name of our Company was changed to `Indo-US MIM Tec Private Limited' to align the name of our Company with the name of the USA branch office of our Company as registered with USA authorities, and a fresh certificate of incorporation pursuant to change of name was granted by the ROC Hyderabad on September 28, 2001. Subsequently, the name of our Company was changed to `Indo-MIM Private Limited' to align the name of our Company with our registered trademark, and a fresh certificate of incorporation pursuant to change of name was granted by the ROC Hyderabad on February 3, 2016. Our Company changed its registered office from Hyderabad, Telangana to Bangalore, Karnataka pursuant to the resolutions passed by our Board, and our Shareholders on February 14, 2020 and April 30, 2020 respectively. Consequently, a certificate of registration of regional director order for change of state was issued by the Registrar of Companies, Karnataka at Bengaluru (RoC) on August 21, 2020. Subsequently, our Company was converted from a private limited company to a public limited company, pursuant to a special resolution passed by our Shareholders at the EGM held on September 5, 2023 and the name of our Company was changed to `INDO-MIM Limited'. Consequently, a fresh certificate of incorporation pursuant to change of name was issued by the RoC on January 12, 2024.

We provide end-to-end solutions for the manufacture of precision engineering components using metal injection molding (MIM) technology. Our capabilities include mold designing and tooling, coupled with finishing and assembly operations. With over 25 years of experience in the MIM industry, we are the largest manufacturer globally of precision engineering components using MIM technology, with a market share of 6.8% in terms of revenue from MIM in Calendar Year 2025 and have held this position for the last six years.

Peer Comparison:

  • Jiangsu Gian Technology Co Ltd

Indo-MIM Ltd Key Points

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.

Risk

The company derives a significant portion of its revenue from the company's top 10 customers, who contributed 38.41%, 38.94% and 42.00% of its revenue from operations in Fiscals 2026, 2025 and 2024, respectively. The loss of such customers or a significant reduction in demand of the company's products from these customers could have an adverse effect on its business, results of operations, financial condition and cash flows.

The company's business is dependent on exports and the performance of geographies where its supply the company's products. Its export the company's products to various countries and its revenue from outside India represented 77.20%, 89.92% and 88.26% of the total revenue from operations in Fiscals 2026, 2025 and 2024, respectively. Any adverse changes in the conditions affecting the industries in global markets in which the company's products is supplied, can adversely impact its business, cash flows, results of operations and financial condition.

The company does not has definitive agreements having commitment on part of its customers to purchase or place orders with its. The company generally does business with its customers on a purchase order basis and the company's customers does not make long-term commitments/ agreements with its. If the company's customers choose not to source their requirements from its, there may be an adverse effect on the company's business, results of operations, financial condition and cash flows.

Strategy

Continue to acquire new customers and increase our wallet share by leveraging existing relationships.

Continue to leverage diversified technologies to expand product portfolio and capitalize on industry tailwinds.

Retain and strengthen our technological leadership through continued focus on engineering capabilities.

Continue to reduce operating costs and improve operational efficiencies.

Expand our business and geographical footprint organically and inorganically.

How To Apply for Indo-MIM Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Indo-MIM Ltd IPO?

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Indo-MIM Ltd's IPO offers shares for up to 500 It begins on Jul 23, 2026 and ends on Jul 27, 2026.

What is the price of the Indo-MIM Ltd IPO?

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The price of Indo-MIM Ltd IPO ranges between ₹461 to ₹485 per share.

What are the open and close dates for the Indo-MIM Ltd IPO?

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The Indo-MIM Ltd IPO opens on Jul 23, 2026 and closes on Jul 27, 2026.

When will the Indo-MIM Ltd IPO be allotted?

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The allotment for the Indo-MIM Ltd IPO will be finalised on Jul 28, 2026. The shares will be listed on BSE and NSE on Jul 30, 2026.

What is the minimum lot size required for Indo-MIM Ltd IPO?

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The minimum lot size for Indo-MIM Ltd IPO is 30 shares, priced between ₹461 to ₹485 per share.

What is the GMP of Indo-MIM Ltd IPO?

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The GMP (Grey Market Premium) of Indo-MIM Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Indo-MIM Ltd IPO?

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To check the allotment status of Indo-MIM Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Indo-MIM Ltd IPO getting listed?

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The Indo-MIM Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 23, 2026, and closes on Jul 27, 2026. The allotment is finalised on Jul 28, 2026.

How do you apply for the Indo-MIM Ltd IPO?

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To apply for the Indo-MIM Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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