Indo-MIM IPO: Price band set at ₹461-485 per share; check key dates, issue details
Awaiting price reaction for this filing.
Indo-MIM Limited has fixed its IPO price band at Rs 461-485 per share for the subscription window of 23-27 July 2026, aiming to raise about Rs 3,812 crore through a Rs 500 crore fresh issue and an OFS of up to Rs 3,312 crore. The fresh issue size was revised down from the initially proposed Rs 1,000 crore, with Rs 400 crore earmarked for debt repayment against total borrowings of Rs 1,212.3 crore as of May 2026. At the upper price band, the Bengaluru-based precision engineering components maker, which claims to be the world's largest MIM component manufacturer with a 6.8% global market share, is expected to command a post-listing market capitalisation of around Rs 23,981.4 crore; FY26 revenue rose 26% YoY to Rs 4,193 crore and net profit grew 26% to Rs 533.5 crore.