✓ Subscribe Closed Industrial Manufacturing

Indo-MIM Limited IPO

World's Largest Metal Injection Moulding Manufacturer  ·  6.8% global market share  ·  15 facilities across 4 countries

Price Band
₹461 – ₹485
Lot: 30 shares (₹14,550)
GMP (Grey Market)
₹190 (+39.18%)
Est. listing ₹675
Issue Size
₹3,811 Cr
Fresh Issue & OFS
Market Cap
₹23,981 Cr
At upper band
P/E Ratio
45x
P/S: 5.7x
Listing Date
30 Jul 2026
BSE & NSE
IPO Timeline
Opens
23 Jul 2026
Closes
27 Jul 2026
📋
Allotment
29 Jul 2026
Refund
29 Jul 2026
📈
Listing
30 Jul 2026
IPO India Hub Recommendation: Subscribe
The company shows steady earnings and a diversified product line, but its valuation is high compared to peers. Retail investors may want to wait for price stability before committing.
Our Analysis — 4 Key Points
✓ Strength
Consistent profit growth over recent years
The company posted a net profit of Rs 534 crore on revenue of Rs 4,193 crore, indicating a healthy margin. Earnings have been growing year on year, giving it a stable cash flow base.
✓ Strength
Strong order book and market reach
Its industrial manufacturing portfolio serves multiple sectors, helping to spread demand risk. The firm’s order pipeline is reported to be strong, supporting future revenue growth.
⚠ Risk
High valuation may curb investor upside
The current price band values the company at a P/E of around 45×, well above the sector average. If earnings growth slows, the share price could face pressure.
$ Valuation
P/E and P/S suggest premium pricing
At the top of the band, the market cap is Rs 23,981 crore, giving a P/E of 45× and a P/S of 5.7×. These multiples are higher than many peers, implying a premium that investors should weigh against the growth story.
Top Analyst Reviews
Analyst / Firm Rating Known For Review
IPO India Hub
Our independent review
Subscribe Original analysis based on DRHP & public financials This page
Dilip Davda
Chittorgarh.com
See review India's most followed independent IPO analyst Search on Chittorgarh →
Capital Market (CM Rating)
CapitalMarket.com
See review Widely-cited "New Issue Monitor" reports Search on CapitalMarket →
ICICI Securities
ICICIdirect Research
See review SEBI-registered, broker research desk Visit ICICIdirect →
IPO Guru Analyst Leaderboard
ipoguru.in
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External analyst links go to each platform's IPO section — search for "Indo-MIM" to find the specific review. IPO India Hub does not represent or guarantee the accuracy of third-party ratings.

Company Snapshot
Revenue (FY26) ₹4,193 Cr
Net Profit (FY26) ₹534 Cr
Industry Industrial Manufacturing
Promoters Green Meadows Investments Ltd, Krishna Chivukula & family
Lead Managers HDFC Bank, Axis Capital, ICICI Securities, Kotak Mahindra Capital, SBI Capital
Registrar KFinTech
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