GMP IPO Watch
Indo-MIM IPO 2026: Precision Engineering Leader, Advanced Manufacturing Capabilities & Long-Term Investment Analysis
Indo-MIM Limited is expected to launch its IPO, giving investors an opportunity to partici...
Read Article
I
Mainboard IPO
LISTED
BSE, NSE
INDOMIM
Indo-MIM IPO
Indo-MIM IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹188
+38.8%
Est. Listing: ₹673.00
Price Band
₹461 - ₹485
Per equity share
Lot Size
30 Shares
Min Invest: ₹14,550
Issue Size
₹3,811.21 Cr
Total Public Offering
Issue Dates
22 July 2026 – 26 July 2026
Bidding period
Subscription
72.34x
Total overall demand
Indo-MIM IPO Details
Key facts at a glance| IPO Open Date | 22 July 2026 | IPO Close Date | 26 July 2026 |
|---|---|---|---|
| Basis of Allotment | 27 July 2026 | Listing Date | 29 July 2026 |
| Price Band | ₹461 - ₹485 per share | Face Value | ₹10 per share |
| Market Lot Size | 30 Shares | Min Investment (Retail) | ₹14,550 |
| Total Issue Size | ₹3,811.21 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Indo-MIM IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 July 2026 | Confirmed |
| IPO Close Date | 26 July 2026 | Confirmed |
| Basis of Allotment | 27 July 2026 | Tentative |
| Initiation of Refunds | 29 July 2026 | Tentative |
| Credit of Shares to Demat | 29 July 2026 | Tentative |
| IPO Listing Date | 29 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 27 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Indo-MIM IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 30 Shares | ₹14,550 |
| Retail (Max) | 13 Lots | 390 Shares | ₹1,89,150 |
| S-HNI (Min) | 14 Lots | 420 Shares | ₹2,03,700 |
| S-HNI (Max) | 68 Lots | 2,040 Shares | ₹9,89,400 |
| B-HNI (Min) | 69 Lots | 2,070 Shares | ₹10,03,950 |
Indo-MIM IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹188 +38.8%
Estimated Listing Price
₹673.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 27 Jul 2026 | ₹190 | ₹675.00 | +39.18% |
| 24 Jul 2026 | ₹175 | ₹660.00 | +36.08% |
| 23 Jul 2026 | ₹185 | ₹670.00 | +38.14% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Indo-MIM IPO Subscription Status
Demand breakdown by investor category
Retail
6.67x
QIB
204.34x
NII / HNI
—
Total
72.34x
About Indo-MIM
INDO-MIM Limited provides end-to-end solutions for manufacturing precision engineering components using metal injection molding technology. The company’s core business activities encompass mold designing and tooling, finishing, assembly operations, and backwards-integrated stainless steel powder manufacturing. It serves diverse end-use industries across operating segments, including the Automotive Products Group, Defence Products Group, Medical Products Group, Consumer Products Group, Aerospace, and other offerings involving metal powder, tools, and traded products. INDO-MIM generates revenue through the sale of precision components on a purchase order basis to customers globally across North America, Europe, Southeast Asia, India, and the rest of the world. Operating fifteen manufacturing facilities located in India, the United States, the United Kingdom, and Mexico, the company supplies its products to original equipment manufacturers and diverse commercial sectors globally.
Key Strengths
- INDO-MIM is a leading global provider of precision engineering components utilising metal injection molding technology.
- The company operates fifteen manufacturing facilities across India, the United States, the United Kingdom, and Mexico.
- The company offers end-to-end capabilities ranging from mold designing and tooling to finishing, assembly, and in-house stainless steel powder manufacturing.
- The business is diversified across major end-use industries including automotive, defence, medical, consumer products, and aerospace sectors.
- The company has a global customer footprint with long-standing relationships and exports to markets across North America, Europe, and Asia.
Key Risks
- The company derives a significant portion of its revenue from its top 10 customers.
- A major portion of revenue from operations is generated from exports to foreign jurisdictions.
- The company generally operates on a purchase order basis without long-term binding supply commitments from customers.
- The company relies on key international suppliers and imports a significant portion of its raw material requirements.
- Promoters, directors, and key managerial personnel have received show-cause notices regarding alleged non-compliance with cost auditor appointment rules.
Indo-MIM IPO Reservation & Share Quotas
The Indo-MIM IPO follows the SEBI-prescribed allocation framework for book-built public issues. The issue is reserved for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring participation from institutional as well as retail investors.
The anchor investor portion, if allotted, will be completed prior to the IPO opening. After the anchor allocation, the remaining shares will be distributed among the eligible investor categories according to the applicable reservation percentages.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The exact number of shares reserved for each category will be disclosed after the completion of the anchor investor allocation and in the final basis of allotment documents.
Indo-MIM IPO Anchor Investors
The Anchor Investor bidding for the Indo-MIM IPO is scheduled for July 22, 2026, one working day before the public issue opens for subscription. Anchor investors comprise Qualified Institutional Buyers (QIBs) who participate in the IPO before it is made available to the public, helping establish institutional participation and market confidence.
The company will announce the final list of anchor investors, the total shares allotted, and the value of the anchor book after the completion of the allocation process. These details are generally released before the IPO opens for subscription.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 22, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The names of anchor investors, the exact number of shares allotted, the anchor investment amount, and the final lock-in expiry dates will be updated after the completion of the anchor allocation process.
Indo-MIM IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Jul 2026 |
| IPO Close Date | 27 Jul 2026 |
| Basis of Allotment | 28 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 30 Jul 2026 |
Note: The timeline for Indo-MIM IPO is tentative and subject to change.
Indo-MIM Promoters and Shareholding Pattern
Indo-MIM Limited is promoted by Green Meadows Investments Ltd., Krishna Chivukula, Krishna Chivukula Jr., Raj Chivukula, and Jagadamba Chandrasekhar. The promoter group has been instrumental in establishing the company as a leading manufacturer of precision-engineered metal injection moulded (MIM) components serving customers across multiple industries worldwide.
Following the IPO, the promoters will continue to retain a substantial majority stake in the company. Although the shareholding percentage will decline because of the fresh issue and offer for sale, the promoter group will continue to have significant ownership and management control.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 48,41,53,072 | 92.94% |
| Promoter Holding Post Issue | 49,44,62,350 | 77.65% |
Note: The post-issue promoter holding is based on the proposed IPO structure and may vary slightly depending on the final allotment and issue size. The promoters are expected to remain the controlling shareholders of Indo-MIM Limited after the IPO.
Indo-MIM Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Indo-MIM About the IPO
Indo-MIM, founded in 1996, manufactures precision engineering components using metal injection molding (MIM) technology. Its product portfolio includes making engineering components for Automotive, Defence, Medical, Consumer, and Aerospace. The firm provides comprehensive solutions including mold design, tooling, finishing, and assembly.
Indo-Mim uses advanced technologies, including investment casting, precision machining, ceramic injection molding, and 3D metal printing, catering to a wide range of industries. The firm manufactures fuel systems, powertrains, triggers, hammers, sights, crossbows, cellphone parts, tools, nozzles, locking rings, clevises, and many more. As of FY25, the firm has manufactured over 6,400 products and operates 3 sales offices in China, Germany, and the United States, serving more than 1,000 customers. The company runs 15 manufacturing facilities in India, the US, the UK, and Mexico.
Indo-MIM Company Financial Report
To Be Updated Soon
Indo-MIM Company Valuation & Key Performance Indicators
To Be Updated Soon
Indo-MIM Peer Group Comparison
To Be Updated Soon
Indo-MIM Lead Managers & Merchant Bankers
- HDFC Bank Ltd.
- Axis Capital Ltd.
- ICICI Securities Ltd.
- Kotak Mahindra Capital Co. Ltd.
- SBI Capital Markets Ltd.
Indo-MIM IPO FAQs
Indo-MIM IPO opens for subscription on 22 July 2026 and closes on 26 July 2026.
The price band for Indo-MIM IPO is set at ₹461.00 to ₹485.00 per share.
The minimum market lot size is 30 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 30 Shares (₹14,550).
The latest Grey Market Premium (GMP) for Indo-MIM IPO is ₹188. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Indo-MIM IPO is tentatively scheduled for 27 July 2026, and shares are expected to list on the stock exchanges on 29 July 2026.
The registrar details will be confirmed in the official prospectus.
Indo-MIM IPO Analysis & Articles
