open · IPO · BSE/NSE · closes 27 Jul

INDO-MIM Limited

Raising ₹2672.02 Cr at ₹461 – ₹485 per share.

Subscription window 24%

3.01×

total subscription so far

Price band
₹461 – ₹485
Shares per lot
30
Retail minimum
₹14,550
Issue size
₹2672.02 Cr
Face value
₹1

Company research

Tijori Finance

INDO-MIM Ltd. is a global precision engineering company specializing in Metal Injection Molding (MIM), precision casting, machining, and medical instruments. It serves the automotive, aerospace, medical, industrial, and consumer sectors with high-precision components.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
2,870.4 Cr
283.73 Cr 1,085.01 Cr
Mar 2025
3,329.58 Cr
423.73 Cr 1,247.2 Cr
Mar 2026
4,192.99 Cr
533.54 Cr 1,090.49 Cr
Revenue mix
Manufacturing of precision engineering components
100%
Peer comparison
Company Mkt cap Revenue P/E P/B
INDOMIM 23,981 4,192 Cr 44.95 8.51
DHARARAIL 194 44.48 Cr 12.58
FABCLEAN 468 150 Cr 29.6
JYOTICNC 17,927 1,817 Cr 53.35 8.96
SHTL 43 14.73 Cr 10.95

Subscription by investor category

as of As on 24-Jul-2026 10:20:18 IST

Total demand

— shares bid

0.82×

1

QIB — Qualified Institutional Buyers

0.3×

46,37,850 shares bid · 1,56,83,772 offered

2

QIB · FII / FPI

2,070
3

QIB · Domestic Financial Institutions

3,330
4

QIB · Mutual Funds

10,31,760
5

QIB · Others

36,00,690
6

NII — Non-Institutional Investors

1.9×

2,23,33,020 shares bid · 1,17,62,829 offered

7

NII · Big (> ₹10 lakh)

1.52×

1,19,21,880 shares bid · 78,41,885 offered

8

NII · Small (≤ ₹10 lakh)

2.66×

1,04,11,140 shares bid · 39,20,944 offered

9

Retail Individual Investors

0.66×

1,81,18,200 shares bid · 2,74,46,600 offered

10

Employee

0.79×

1,58,880 shares bid · 2,00,000 offered

Bid book by price

cumulative NSE demand
₹485 5,41,11,330
₹484 5,41,13,730
₹483 5,41,14,120
₹482 5,41,14,720
₹481 5,41,14,960
₹480 5,41,19,880
₹478 5,41,20,600
₹477 5,41,21,080
₹476 5,41,21,140
₹475 5,41,23,930
₹474 5,41,23,990
₹473 5,41,24,140
₹472 5,41,24,230
₹471 5,41,24,440
₹470 5,41,29,660
₹469 5,41,30,320
₹468 5,41,30,530
₹467 5,41,30,680
₹466 5,41,31,160
₹465 5,41,35,900
₹464 5,41,36,080
₹463 5,41,36,380
₹462 5,41,38,330
₹461 5,41,59,330

Updated 24-Jul-2026 10:20:18. Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Parties to the issue

Book-running lead manager
"HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited"
Registrar
Mufg Intime India Private Limited
Sponsor bank
Axis Bank Limited

Exchange filings

Fields captured from NSE and BSE
Issue information
Exchange note
*As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
Symbol
INDOMIM
Issue Period
23-Jul-2026 to 27-Jul-2026
Cut-off time for UPI Mandate Confirmation
27-Jul-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size
Initial Public Offer comprising of Fresh Issue aggregating up to Rs. 5,000 million and Offer for Sale of up to 68,291,022 Equity Shares. (Including eligible employees reservation portion of up to 2,00,000 Equity Shares and Anchor investor portion of 2,35,25,656 Equity Shares)
Issue Type
100% Book Building
Price Range
Rs. 461 to Rs. 485 per Equity Share
Discount
Rs. 45 per equity share to Eligible Employees
Face Value
Re. 1 per Equity Share
Tick Size
Re.1
Bid Lot
30 Equity Shares and in multiples thereof
Minimum Order Quantity
30 Equity Shares
Maximum Subscription Amount for Retail Investor
Rs. 2,00,000
Maximum Subscription Amount for Eligible Employee
Rs. 5,00,000
Maximum Bid Quantity for QIB Investors
5,48,93,190 Equity Shares in multiple of 30 Equity Shares (Calculated at Higher Price band)
Maximum Bid Quantity for NIB Investors
3,92,09,400 Equity Shares in multiple of 30 Equity Shares (Calculated at Higher Price band)
IPO Market Timings
10.00 a.m. to 5.00 p.m.
Book Running Lead Managers
HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited
Sponsor Bank
Axis Bank Limited and Kotak Mahindra Bank Limited
Categories
FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
Sub-Categories applicable for UPI
IND and EMP (upto 5 Lakhs)
Name of the Registrar
MUFG Intime India Private Limited
Address of the Registrar
C 101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
Contact person name number and Email id
Shanti Gopalkrishnan, +91 81 0811 4949, indomim.ipo@in.mpms.mufg.com
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Processing of ASBA Applications
Processing of ASBA Applications
Remark
The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only.
List of mobile applications accepting UPI as Payment Option
List of mobile applications accepting UPI as Payment Option
Video link for UPI based ASBA process
Video link for UPI based ASBA process
Video link for BHIM UPI Registration
Video link for BHIM UPI Registration

Documents

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