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Indo-MIM Ltd.
Closed
Price Band
₹461 to ₹485
IPO Issue Period
23 Jul to 27 Jul, 2026
Issue Size
₹3,811 Cr
Face value
₹1 per share
Fresh issue
₹499 Cr
Offer for sale
₹3,311 Cr
Minimum Shares for Retail
30 Shares
Employee Discount
₹45.00
Listing on
BSE, NSE
Issue Type
Book Built Issue - IPO
Registrar to the Issue
MUFG Intime India Pvt. Ltd.
Tentative Listing Date
Thu, Jul 30, 2026
QIB
50%
NII
15%
Retail
35%

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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, medical, 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 holds 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.

For the year/period ended (Rs. in Cr.)

FY26 FY25 FY24
Total Revenue 4,192. 3329.57 2870.39
Profit After Tax 533.54 423.73 283.73
EPS 11.06 8.79 5.89
EBITDA Margin (%) 25.54 28.01 25.90
PAT Margin (%) 12.72 12.73 9.88

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY26
Net Profits(Cr.)
FY26
Indo-MIM 23,981.42* 485 44.01 4,192.98 533.54

*Market cap @upper band

 

  • 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

The Company IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company (Rs 400 Cr)
  • General Corporate Purposes

At the upper band of IPO ₹ 485, the stock is valued at 44 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.