Indo-MIM IPO

Precision Engineering (Metal Injection Molding) - Listed on 30 July 2026

+44.3% listing gain
Issue Price (Upper)
Rs 485
Listing Price
Rs 700
Closing Price (NSE)
Rs 741.75
Total Subscription
72.34x

Indo-MIM IPO listing summary

Indo-MIM (Precision Engineering (Metal Injection Molding)) closed its IPO window in 2026 and listed on NSE and BSE on 30 July 2026 at an upper band issue price of Rs 485, opening at Rs 700 for a listing gain of +44.3% and closing day one at Rs 741.75 (+52.9% on closing basis). The IPO was subscribed 72.34x overall - QIB 204.34x, HNI/NII 50.63x, Retail 6.67x. The total issue size was Rs 3,812.11 Cr (Fresh Issue Rs 500 Cr, OFS Rs 3312.11 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

About Indo-MIM

Precision Engineering (Metal Injection Molding)

Indo-MIM manufactures precision components using metal-injection moulding, serving automotive, engineering, medical and other customers. The process allows complex small parts to be produced at scale. That places. Indo-MIM in a segment where demand can be affected by customer spending, competition and the pace of capacity expansion. Its operating results are shaped by the balance between volume growth, pricing, input costs and the company’s ability to use its existing capacity. Its day-to-day performance is likely to be read through operating volumes, margins, working capital and the quality of its disclosed customer or project pipeline. This description is intended to explain the company’s business in plain language; the statutory filings remain the source for detailed risks and financial claims.

About Indo-MIM IPO

Issue structure, listing outcome and context

The ₹3,812.11 crore. IPO included ₹500 crore fresh capital and an offer for sale at ₹485. Shares listed at ₹700, reflecting strong investor demand. It combined a fresh issue of ₹500 crore with an offer for sale of ₹3312.11 crore. The stock listed at ₹700, a reported opening gain of 44.33%. The issue proceeds should be read against the stated objects in the offer documents, rather than treated as a guarantee of future growth. For a complete view of the offer, readers should check the final prospectus, the exchange listing notice and the company’s subsequent disclosures.

Listing day performance

Listing Gain (Open)
+44.33%
Listing Gain (Close)
+52.94%
Day Change After Listing
+5.96%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB204.34x
HNI / NII50.63x
Retail6.67x
Overall72.34x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 11.13x
Day 23.07x
Day 3 (Final)72.34x

Indo-MIM IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 185+38.14%
Day 2Rs 175+36.08%
Day 3Rs 185+39.60%
Day 4Rs 175+36.08%
Day 5Rs 185+38.14%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
36.1%-39.6%
IPOGyani AI Prediction
37.9%
Actual Listing Gain
+44.3%

Prediction Accuracy: 6.4 pp (Reasonably accurate)

Issue & financials

Issue SizeRs 3,812.11 Cr
Fresh IssueRs 500 Cr
OFSRs 3,312.11 Cr
IPO PE45.58
Peer / Sector PE148.00
PE vs Sector Ratio0.31
Latest EBITDA (Cr)25.54
Debt / Equity0.25

Market context at listing

How the broader market moved around the Indo-MIM IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-
Nifty 1W Return-
Nifty 1M Return+4.51%
Nifty during IPO window-

Indo-MIM IPO - FAQs

What was the listing gain of Indo-MIM IPO?

Indo-MIM IPO listed at +44.3% versus the upper issue price of Rs 485 on 30 July 2026.

How many times was Indo-MIM IPO subscribed?

Indo-MIM IPO was subscribed 72.34x overall. QIB portion was subscribed 204.34x, HNI / NII 50.63x and Retail 6.67x.

What was the IPO GMP for Indo-MIM?

IPO GMP started at Rs 185 on Day 1 and moved to Rs 185 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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