IPO at a Glance
Price Band
₹461 to ₹485
Face Value ₹1 / share
Issue Opens
Jul 23, 2026
Closes Jul 27, 2026
Lot Size
30 Shares
Min Investment: ₹14,550
Total Issue Size
₹3,811 Cr
Fresh Issue + OFS
Listing
BSE & NSE
Tentative: Jul 30, 2026
Lead Managers
HDFC Bank & Axis Capital
Registrar: MUFG Intime India
About the Company: Global Precision Engineering Leader
Incorporated in 1996, Indo-MIM Ltd. stands as a global leader in manufacturing premium precision engineering components utilizing advanced Metal Injection Molding (MIM) technology. The company provides integrated end-to-end solutions, spanning complex mold design, high-accuracy tooling, surface finishing, and technical assembly matrices.- Advanced Multi-Technology Stack: Alongside its core MIM dominance, the company leverages cutting-edge advanced technologies like investment casting, specialized precision machining, ceramic injection molding, and 3D metal printing.
- Unmatched Capacity Scale: Operates 15 advanced manufacturing facilities across India, the US, the UK, and Mexico, holding the world’s largest installed MIM production capacity.
- Extensive Product Suite: Fabricates over 6,400 specialized customized products serving structural requirements across automotive, defense, medical, consumer, and aerospace industries.
- Global Commercial Capability: Serves over 1,100 global customers through dedicated international support centers, maintaining sales offices in China, Germany, and the US alongside representative wings across Europe and Asia.
Financial Trends & Robust Scale
Indo-MIM has delivered consistent double-digit scaling across top-line and bottom-line parameters, backed by strong business flows and robust operating cash metrics.| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | ₹4,897.33 Cr | ₹4,140.84 Cr | ₹3,757.51 Cr |
| Total Income | ₹4,320.70 Cr | ₹3,373.97 Cr | ₹2,900.38 Cr |
| Profit After Tax (PAT) | ₹533.54 Cr | ₹423.73 Cr | ₹283.73 Cr |
| EBITDA | ₹1,070.92 Cr | ₹932.60 Cr | ₹743.46 Cr |
| Net Worth | ₹2,819.55 Cr | ₹2,199.43 Cr | ₹2,050.51 Cr |
| Total Borrowings | ₹1,090.49 Cr | ₹1,247.20 Cr | ₹1,085.01 Cr |
Key Performance Indicators
21.26%
ROE (FY26)
26.60%
ROCE (FY26)
21.26%
RoNW (FY26)
12.72%
PAT Margin
25.54%
EBITDA Margin
0.39
Debt / Equity
IPO Structure & Capital Realignment
- Repayment or prepayment, in full or part, of certain outstanding borrowings availed by the company ₹400.00 Cr
- General corporate purposes
The Final Verdict
Indo-MIM Ltd. presents a premium, world-class opportunity in the advanced precision engineering and manufacturing ecosystem. Its global scale, combined with cross-border dual-shore capabilities and long-standing OEM integrations, creates a solid corporate moat.
Financially, performance remains strong, supported by an expanding 26.60% ROCE and robust net profits exceeding ₹533 Crores. At the upper price band limit of ₹485, the bookbuild trades at a forward-looking P/E multiple of 44.95x.
While priced at a premium that aligns with major high-tier precision components manufacturers, the company’s export-driven model and massive operating capacity make it an attractive consideration for institutional and retail investors seeking quality growth.
Source: Chittorgarh
