Indo-MIM IPO made a strong debut on the stock exchanges on July 30, 2026. The shares listed at ₹700 per share on the NSE, compared to the issue price of ₹485, delivering a 44.33% listing premium for investors.
On the BSE, Indo-MIM share price listed at ₹703 per share, reflecting a 44.95% premium over the issue price. Following the listing, the company's market capitalisation stood at ₹34,762.01 crore.
Here are the key details of the IPO listing:
Listing Date: July 30, 2026
Issue Price: ₹485 per share
Price Band: ₹461–₹485 per share
Lot Size: 30 shares
Issue Size: ₹3,811 crore
Issue Type: Book-built IPO comprising a fresh issue and an offer for sale
The company proposes to utilise the net proceeds from the fresh issue primarily towards the repayment or prepayment, in full or part, of certain outstanding borrowings amounting to ₹400 crore. The remaining proceeds will be used for general corporate purposes.
Indo-MIM manufactures precision engineering components using metal injection molding (MIM) technology. Incorporated in 1996, the company provides end-to-end manufacturing solutions, including mould design, tooling, finishing, and assembly.
Besides MIM technology, the company also offers investment casting, precision machining, ceramic injection molding, and 3D metal printing. During FY2026, it manufactured more than 6,400 products for industries including automotive, defence, medical, consumer, and aerospace.
The company reported higher revenue and profit in FY2026 compared with FY2025. Total income increased to ₹4,320.70 crore in FY2026 from ₹3,373.97 crore in FY2025, while profit after tax rose to ₹533.54 crore from ₹423.73 crore.
EBITDA also improved to ₹1,070.92 crore in FY2026 compared with ₹932.60 crore a year earlier. Meanwhile, the company's total borrowings declined to ₹1,090.49 crore as of March 31, 2026, from ₹1,247.20 crore on March 31, 2025.
Indo-MIM IPO began trading with a 44.33% premium on the NSE, listing at ₹700 per share against its issue price of ₹485. The company operates in the precision engineering sector, and the IPO proceeds from the fresh issue will primarily be used to reduce debt.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jul 30, 2026, 10:08 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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