Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Indo-MIM Ltd. on December 29, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Indo-MIM Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹100.00 crores and an offer for sale (OFS) of upto 12.97 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. HDFC Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Indo-MIM IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹100 Cr) |
| Offer for Sale | 12,96,74,393 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 48,20,30,772 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Sep 26, 2025 |
| SEBI/Exchange approval received | Mon, Dec 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
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, medica, consumer, and aerospace industries.
Product Portfolio:
The company has global sales capabilities with a dedicated sales team that provides customer support. As of March 31, 2025, it has three sales offices in China, Germany and the United States, with 12 sales representatives in Czech Republic, France, Italy, Japan, South Korea, Israel, Poland and Turkey. In Fiscal 2025, it has served more than 1000 customers
Manufacturing: The company operates 15 manufacturing facilities across India, the US, the UK, and Mexico, and hold 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.
Competitive Strengths
Indo-MIM Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 4,140.84 | 3,757.51 | 3,380.45 |
| Total Income | 3,373.97 | 2,900.38 | 2,760.65 |
| Profit After Tax | 423.73 | 283.73 | 462.69 |
| EBITDA | 932.60 | 743.46 | 782.53 |
| NET Worth | 2,199.43 | 2,050.51 | 1,999.56 |
| Reserves and Surplus | 2,030.81 | 1,889.04 | 1,871.75 |
| Total Borrowing | 1,247.20 | 1,085.01 | 807.91 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company; and | 720.00 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 19.94% |
| ROCE | 23.51% |
| Debt/Equity | 0.57 |
| RoNW | 19.94% |
| PAT Margin | 12.73% |
| EBITDA Margin | 28.01% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.34% |
Lead Manager Reports
Indo-MIM IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Indo-MIM IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Indo-MIM IPO using UPI as a payment gateway. Zerodha customers can apply in Indo-MIM IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Indo-MIM IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Indo-MIM IPO dates are not announced. Please check back again after some time.
Indo-MIM IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Indo-MIM IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Indo-MIM IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Indo-MIM IPO allotment status.
The Indo-MIM IPO listing date is not yet announced. The tentative date of listing is .
