Can Indo-MIM IPO deliver long-term growth for high risk investors?

Indo-MIM, a metal injection moulding company with 15 manufacturing facilities across India, the US, the UK and Mexico, is set to launch its IPO. The company commands a 6.8% share of the global MIM market and posted revenue of ₹4,193 crore and net profit of ₹533.5 crore in FY26, with 77.2% of revenue from exports and 44% from North America. Risks include geographic and customer concentration, dependence on imported raw materials, and a demanding valuation of up to 45 times P/E and six times P/S on FY26 financials.