 |  |
Search Issue:
Indo-MIM IPO Details, Date, Allotment, Price, Analysis and Review
Indo-MIM IPO is a mainboard IPO aggregating up to 3,812 crore 11 lakh 45 thousand 5 hundred rupees. The issue consists of a fresh issue of 1,03,09,278 shares (aggregating up to 499 crore 99 lakh 99 thousand 8 hundred thirty rupees) and an offer for sale of 6,82,91,022 shares (aggregating up to 3,312 crore 11 lakh 45 thousand 6 hundred seventy rupees).
The IPO opened for subscription on 23 July 2026 and closes on 27 July 2026. The basis of allotment was finalised on 28 July 2026. The shares were listed on NSE and BSE on 30 July 2026.
The price band for the IPO is set at ₹461 to ₹485 per share. The minimum amount required for a retail investor is ₹14,550 (30 shares, 1 lot). The minimum amount required for an sHNI investor is ₹2,03,700 (420 shares, 14 lots).
The final allotment price for the Indo-MIM IPO was fixed at ₹485.00 per share. The shares successfully listed on the BSE at ₹703.00 per share (with a listing gain of 44.95%) and on the NSE at ₹700.00 per share (with a listing gain of 44.33%).
Axis Capital Ltd, HDFC Bank Ltd, ICICI Securities Ltd, Kotak Mahindra Capital Co Ltd and SBI Capital Markets Ltd is the lead manager and MUFG Intime India Private Limited is the registrar of the IPO.
Refer to Indo-MIM RHP for more detailed information.
Indo-MIM Share Price Analysis API (Live)
Indo-MIM IPO Details Listed
IPO Issue Details
Indo-MIM IPO Lot Size & Required Amount
Number of Shares Per Lot = Shares
| Application | Lot(s) | Shares | Amount |
|---|---|---|---|
Retail (Min) Minimum investment required for Retail Individual Investors (RII). | 1 | 30 | ₹14,550 |
Retail (Max) Maximum investment allowed for Retail Individual Investors (Must be under ₹2 Lakhs). | 13 | 390 | ₹1,89,150 |
S-HNI (Min) Minimum investment for Small High Net-worth Individuals (sHNI) (Must be above ₹2 Lakhs). | 14 | 420 | ₹2,03,700 |
S-HNI (Max) Maximum investment for Small High Net-worth Individuals (sHNI) (Must be up to ₹10 Lakhs). | 68 | 2040 | ₹9,89,400 |
B-HNI (Min) Minimum investment for Big High Net-worth Individuals (bHNI) (Must be above ₹10 Lakhs). | 69 | 2070 | ₹10,03,950 |
IPO Reservation
Indo-MIM IPO offers total 7,86,00,300 shares (100.00%) . Out of which 3,92,00,150 shares (49.87%) allocated to QIB, 1,56,74,494 shares (19.94%) allocated to QIB (Ex- Anchor), 1,17,60,045 shares (14.96%) allocated to NII, 2,74,40,105 shares (34.91%) allocated to RII and 2,35,25,656 shares (29.93%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
|
QIB Shares Offered Qualified Institutional Buyers (e.g., mutual funds, banks). | 3,92,00,150 shares (49.87%) |
|
-
QIB (Anchor Investor) A portion of QIB shares reserved specifically for anchor investors. | 2,35,25,656 shares (29.93%) |
|
-
QIB (Ex. Anchor) Remaining QIB shares after anchor investor allocation. | 1,56,74,494 shares (19.94%) |
|
NII (HNI) Shares Offered Non-Institutional Investors, also known as High Net-worth Individuals. | 1,17,60,045 shares (14.96%) |
|
-
bNII (bids > ₹10L) Big HNI category for applications above ₹10 Lakhs. | 78,40,030 shares (9.97%) |
|
-
sNII (bids < ₹10L) Small HNI category for applications between ₹2 Lakh and ₹10 Lakh. | 39,20,015 shares (4.99%) |
| Shareholders Shares Offered | 2,00,000 shares (0.25%) |
|
Retail Shares Offered Retail Individual Investors applying for up to ₹2 Lakh. | 2,74,40,105 shares (34.91%) |
| Total Shares Offered | 7,86,00,300 shares (100.00%) |
IPO Anchor Investors
Indo-MIM IPO raises ₹1,140.99 crore from anchor investors. Indo-MIM IPO anchor bid date was 22 July 2026.
💼 Anchor Investors Allocation Letter (PDF)| 31 Mar 26 In Cr. | 31 Mar 25 In Cr. | 31 Mar 24 In Cr. | |
|---|---|---|---|
| Assets | 4,897.33 | 4,140.84 | 3,757.51 |
| Revenue | 4,320.7 | 3,373.97 | 2,900.38 |
| Profit After Tax | 533.54 | 423.73 | 283.73 |
| EBITDA | 1,070.92 | 932.6 | 743.46 |
| Net Worth | 2,819.55 | 2,199.43 | 2,050.51 |
| Total Borrowing | 1,090.49 | 1,247.2 | 1,085.01 |
| Reserves & Surplus | 2,573.46 | 2,030.81 | 1,889.04 |
Financial Performance Indicator (FPI)
| FPI | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|
ROE Return on Equity (ROE) is a measure of financial performance... | 19.94% | 21.26% |
ROCE Return on Capital Employed indicates how efficiently a company uses its capital. | 23.51% | 26.60% |
Debt/Equity A ratio comparing total liabilities to shareholder equity. | 0.57 | 0.39 |
RoNW RoNW (Return on Net Worth) is the percentage of profit earned relative to the company's net worth and reflects overall profitability for shareholders. | 19.94% | 21.26% |
PAT Margin Profit After Tax as a percentage of revenue. Shows how much net profit is retained from every rupee of sales. | 12.73% | 12.72% |
EBITDA Margin EBITDA Margin indicates earnings before interest, tax, depreciation, and amortisation as a percentage of revenue; reflects core operating efficiency. | 28.01% | 25.54% |
Price to Book Value Compares the stock's market price to its book value per share. A higher ratio may indicate market premium. | 10.63 |
| Pre IPO | Post IPO | |
|---|---|---|
EPS Rs Earnings Per Share is a company's profit divided by outstanding shares. | 11.02 | 10.79 |
P/E (x) Price to Earnings ratio is the ratio of a stock's market price to its earnings per share. Indicates how much investors pay per rupee of earnings. | 44.01 | 44.95 |
Promoter Holding The percentage of total shares held by the company's founders or promoter group. | 92.94% | 77.65% |
Market Cap Total market value of a company's outstanding shares. | ₹23,981.42 crore | |
Indo-MIM IPO Peer Comparison
| Company Name | P/E ratio | EPS (Basic) | EPS (Diluted) | NAV (per share) | RoNW (%) | P/BV |
|---|---|---|---|---|---|---|
| Iangsu Gian Technology Co Ltd | 148.00(Iangsu) | 3.91(Iangsu) | 3.77(Iangsu) | 165.13(Iangsu) | 3.10(Iangsu) | (Iangsu) |
| Indo-MIM | (Indo-MIM) | 11.06(Indo-MIM) | 10.87(Indo-MIM) | 58.24(Indo-MIM) | 21.26(Indo-MIM) | (Indo-MIM) |
IPO Subscription Status
Indo-MIM IPO Objects of the Issue
The Company proposes to utilise the net proceeds from the Issue towards the following objects: [table “---” not found /]Indo-MIM IPO Frequently Asked Questions (FAQ)
Indo-MIM IPO is a mainboard IPO. The company will raise upto 3,812 crore 11 lakh 45 thousand 5 hundred rupees for 7,86,00,300 shares. Face value is ₹1 per share, Price band is ₹461 to ₹485 per share, and cutt off price is ₹485 per share. The IPO opens on 23 July 2026 and closes on 27 July 2026. is the registrar and shares of Indo-MIM IPO will be listed at NSE, BSE.
The issue size of IPO is . For fresh issue: 1,03,09,278 shares (aggregating up to 499 crore 99 lakh 99 thousand 8 hundred thirty rupees) and for offer for sale: 6,82,91,022 shares (aggregating up to 3,312 crore 11 lakh 45 thousand 6 hundred seventy rupees).
Price band for IPO is . Applying IPO application at cutt off price ₹485 per share (the upper end of price band) is considered safer than the applying IPO application at lower end of price band.
The lot size of Indo-MIM IPO is of 30. Minimum order quantity for retail investor is 30 shares (1 lots) and required amount is ₹14,550. Minimum order quantity for sHNI is 420 shares (14 lots) and required amount is ₹2,03,700. Minimum order quantity for bHNI investor is 2,070 shares (69 lots) and required amount is ₹10,03,950.
The investors portion reserved for QIB is 3,92,00,150 shares (49.87%), reserved for HNI is 1,17,60,045 shares (14.96%) and reserved for retail investors.
The IPO will be available for subscription from 23 July 2026 to 27 July 2026. IPO open date is 23 July 2026 and close date is 27 July 2026.
Allotment date for IPO is 28 July 2026. On the allotment date, After the IPO allotment status is announced, investors can check their IPO application allotment status on their respective IPO registrar.
The registrar for IPO is MUFG Intime India Pvt Ltd.
The IPO will be listed on 30 July 2026 at NSE, BSE.