HighPositive
Announced Wed, 22 Jul · 08:41 IST
Indo-MIM IPO opens tomorrow: GMP, issue details, 10 key things to know
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indo-MIM's IPO opens for subscription on 23 July at a price band of ₹461 to ₹485 per share, comprising a fresh issue of ₹500 crore and an offer for sale of up to ₹3,312 crore. The Bengaluru-based precision engineering company, which claims to be the world's largest metal injection molding component manufacturer with 6.8% global market share, posted FY26 revenue of ₹4,193 crore and net profit of ₹533.5 crore, both up 26% year-on-year. Grey market premium stands at +194, indicating an estimated listing price of about ₹679, around 40% above the upper end of the price band; shares are scheduled to list on 30 July.