Indo-MIM launched its initial public offering (IPO) on July 23, 2026, with a total size of ₹3,811 crore. The IPO includes a fresh issue of 1.03 crore equity shares worth ₹499.10 crore and an offer for sale (OFS) of 6.83 crore shares aggregating ₹3,311.21 crore. The price band for the shares is set between ₹461 and ₹485 per equity share, and the subscription window will remain open until July 27, 2026, according to livemint.com.
The IPO structure combines a fresh issue and an OFS, allowing existing shareholders to sell their stakes while raising new capital for the company. Brokerages have maintained a positive outlook on the offering, highlighting Indo-MIM's global leadership in the metal injection molding segment, its diversified customer base, and integrated manufacturing capabilities. The company’s strong financial performance has also contributed to investor interest during the initial days of subscription, livemint.com reported.
Indo-MIM operates in the specialized metal injection molding market, a niche segment with limited global players. The IPO is one of the larger public offerings in the manufacturing sector this year, reflecting investor appetite for companies with strong operational fundamentals and growth potential. The combination of fresh equity and OFS provides liquidity to existing shareholders while supporting the company’s expansion plans, positioning Indo-MIM alongside other notable industrial IPOs in India.
The IPO subscription period will close on July 27, 2026, after which the basis of allotment will be finalized. Investors and market participants will closely monitor subscription levels and allotment outcomes to gauge demand for Indo-MIM’s shares in the public market, as detailed by livemint.com.