Indo-MIM IPO Oversubscribed 72x; Allotment July 28

Indo-MIM’s Initial Public Offering (IPO) was oversubscribed by a massive 72.37 times overall, with allotment expected on July 28, 2026. Shares will list on NSE and BSE at 10 AM on July 30, 2026.

Qualified Institutional Buyers (QIB) subscribed 204.47 times, while Non-Institutional Investors (NII) showed 50.65 times demand. Retail Individual Investors subscribed 6.63 times, and employees 9.44 times.

This high demand suggests low chances of allotment for many applicants. Investors can verify their status via NSE, BSE, or the IPO registrar, MUFG Intime India’s websites.

Listing Expectations

The Grey Market Premium (GMP) for Indo-MIM IPO reached ₹198 on July 27, 2026, against an upper price band of ₹485. This indicated an estimated listing gain of 40.82%.

It is important to note that GMP is an unofficial and volatile indicator, not a guaranteed listing price. Successful applicants will see shares credited to demat accounts by July 29, 2026, with refunds also initiated that day.

Indo-MIM’s Global Footprint

Established in 1996, Indo-MIM stands as a global leader in precision engineering components using Metal Injection Molding (MIM) technology. The company produced over 6,400 products in FY25 for diverse sectors including automotive and medical.

It serves more than 1,100 global customers through 15 manufacturing facilities located across India, the US, UK, and Mexico. Sales offices further support operations in China, Germany, and the US.

Strong Financial Growth

As of March 31, 2026, Indo-MIM reported robust growth with net profit increasing by 26% year-on-year to ₹533.5 crore. Operational revenue also rose by 26% to ₹4,193 crore for the same period.

The company’s strong financial performance and extensive global presence underscore the significant investor confidence evident in the oversubscription. This reflects continued interest in high-precision manufacturing firms within the Indian market.