Last updated on January 22nd, 2026 at 11:44 pm
Indo‑MIM Limited is a precision engineering and manufacturing company specializing in metal injection molding (MIM) and related advanced manufacturing technologies, producing highly complex metal components for sectors such as automotive, aerospace, medical devices, and industrial applications.
Indo-MIM has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) comprising a fresh issue of equity shares to raise up to ₹1,000 crore along with an offer‑for‑sale (OFS) of 12.97 Cr shares by certain shareholders.
It serves customers in 45–50 countries globally across sectors such as automotive, aerospace, medical, defence, consumer and industrial segments.
Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.
| Issue Size: | 1000 Cr + 12.97 Cr Shares |
| Fresh Issue: | 1000cr |
| Offer for Sale: | 12.97 Cr Shares |
| Price Range: | TBA |
| Lot Size: | TBA |
Indo-MIM Limited important data points
Revenue, PAT, EBITDA
| Year | Fiscal 2025 |
| Networth | ₹ 2199.43Cr |
| Revenue: | ₹3329.57 Cr |
| EBITDA | ₹932.59 Cr |
| PAT | ₹ 1423.73 Cr |
| EBITDA Margin: | ~28.01% |
| PAT Margin | ~12.73% |
| Face Value: | Rs. 01 per Equity Share |
IPO important dates
| Open Date: | TBA |
| Close Date: | TBA |
| Anchor Investor Bidding | TBA |
| Allotment Date: | TBA |
| Refunds & Demat Credit | TBA |
| Tentative Listing Date: | TBA |
Use of Proceeds
| Purpose | Amount |
| Borrowing payment | ~ ₹ 720 Cr |
| Purchasing new Fleets. | ~ ₹ 0 Cr |
| General Corporate Purpose | ~ ₹ 0 Cr |
| Technology & Infrastructure | ~ ₹ 0 Cr |
| Offer for Sale: | 26,284,500 shares |
Indo-MIM Limited Financial Data
| 2023 | 2024 | 2025 | |
| Revenue (₹ Cr) | ₹ 2692.8 | ₹ 2870.4 | ₹ 3329.6 |
| Gross Profit (₹ Cr) | ₹ 462.7 | ₹ 283.7 | ₹ 423.7 |
| Asset (₹ Cr) | ₹ 3380.4 | ₹ 3757.5 | ₹ 4140.8 |
| Net Worth (₹ Cr) | ₹ 1999.6 | ₹ 2050.5 | ₹ 2199.4 |
Indo-MIM Limited IPO Grey Market Premium
| Date | IPO Price | IPO GMP | Profit per lot |
| 17-Jan | ₹ – | ₹ – | ₹ – |
| 16-Jan | ₹ – | ₹ – | ₹ – |
| 15-Jan | ₹ – | ₹ – | ₹ – |
| 14-Jan | ₹ – | ₹ – | ₹ – |
| 13-Jan | ₹ – | ₹ – | ₹ – |
| 12-Jan | ₹ – | ₹ – | ₹ – |
Indo-MIM Limited Promoters – Pre offer equity (Approx)
| Green Meadows Investments Ltd | ~90.84% |
| Jagadamba Chandrasekhar | ~1.16% |
| Krishna Chivukula | ~0.21% |
Indo-MIM Limited IPO Pros & Cons
Strength:
- Leader in Metal Injection Molding with global presence.
- Diversified client base across automotive, aerospace, and medical sectors.
- Strong growth potential due to increasing demand for precision components.
- International footprint with facilities in India, USA, UK, and Mexico.
- Technologically advanced manufacturing processes.
Risks:
- High dependence on automotive sector makes revenue cyclical.
- Exposure to global economic slowdown affecting exports.
- Capital-intensive operations may impact margins.
- Limited brand recognition outside B2B industrial clients.
- IPO pricing and valuation may be premium, posing short-term risk.
Indo-MIM Limited Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | – | 1 | – | ₹ – |
| Retail (Max) | – | 13 | – | ₹ – |
| Small HNI (Min) | – | 14 | – | ₹ – |
| Small HNI (Max) | – | 66 | – | ₹ – |
| Big HNI (Min) | – | 67 | – | ₹ – |
Lead Managers / Registrars of HD Fire Protect Limited
| Lead / Book Running Lead Managers | HDFC Bank Ltd, Axis Capital Ltd, ICICI Securities Ltd, Kotak Mahindra Capital Company Ltd, SBI Capital Markets Ltd |
| Registrar (RTA) | MUFG Intime India Pvt Ltd |
Founding Year of Indo-MIM Limited & Managing Director
Indo-MIM Limited was incorporated in the year 1996.
Mr. Krishna Chivukula is the Managing Director of the company.
Indo-MIM Limited FAQ
- Q1. What is the business of Indo-MIM Limited?
Last updated on January 22nd, 2026 at 11:44 pm
Indo‑MIM is a precision engineering firm that manufactures complex metal components using MIM, investment casting, precision machining, ceramic injection molding, and additive manufacturing for automotive, defence, aerospace, medical, and consumer sectors. - Q2. Why is the company raising funds via IPO?
Last updated on January 22nd, 2026 at 11:44 pm
Indo-MIM is raising funds via IPO to repay debt and to strengthen the balance sheet and supporting growth. - Q3. What is the size of the issue and where will it list?
Last updated on January 22nd, 2026 at 11:44 pm
The issue size of the IPO comprises a fresh issue of ₹1,000 crore plus an offer for sale (OFS) of 12.97 crore shares. It will be listed on the BSE & NSE platform. - Q4. What are the risks to an investor?
Last updated on January 22nd, 2026 at 11:44 pm
Risk points to invest in the IPO include cyclical dependence on automotive and export markets, raw material cost volatility, currency fluctuations, and competition affecting margins and demand. - Q5. What are the potential upsides?
Last updated on January 22nd, 2026 at 11:44 pm
Strong points of Indo-MIM is its leadership in global precision manufacturing with strong technological edge, diversified end‑markets, and growth from capacity expansion and advanced manufacturing adoption. - Q6. How to apply for the IPO?
Last updated on January 22nd, 2026 at 11:44 pm
You can apply for the IPO via your broker’s ASBA/UPI facility or trading account by selecting the lot size once the IPO price band and dates are announced. - Q 7. When is the tentative listing date?
Last updated on January 22nd, 2026 at 11:44 pm
Expected listing date is yet to be announced.
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