The Initial Public Offering (IPO) of Indo-MIM Ltd. has been subscribed 72.37 times as of [[CurrentTime]] IST on Jul 27, 2026, according to NSE and BSE data, reflecting oversubscribed investor response across categories.
The ₹3,811.21 crore initial share sale has attracted bids for 398.59 crore shares, significantly surpassing the 5.51 crore shares on offer, according to data provided on NSE and BSE.
Breakdown of Subscription Categories
- Qualified Institutional Buyers (QIBs): Subscribed times 204.47x
- Non-Institutional Investors (NIIs): Subscribed times 50.65x
- Retail Individual Investors (RIIs): Subscribed times 6.69x
- Employee Quota : Subscribed times 9.44x
Prior to the IPO launch, Indo-MIM Ltd. raised ₹1,140.99 crores from anchor investors, showcasing strong institutional support.
IPO Highlights
The IPO comprises a fresh issue of 1.03 crore equity shares aggregating to ₹499.10 crores and an offer for sale (OFS) of 6.83 crore equity shares worth ₹3,311.21 crores. The price band for the issue is fixed at ₹461 to ₹485 per share.
About Company
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.Issue Objects :
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 Company | 400.00 |
| 2 | General Corporate Purposes | |
| Total | 400.00 |
Managerial and Listing Details
The issue is managed by HDFC Bank Ltd., serving as the Book Running Lead Manager The equity shares of Indo-MIM Ltd. are proposed to be listed on NSE and BSE, marking the company’s official entry into the public market.
