Indo-MIM IPO

The Indo-MIM IPO is a book-built issue of Rs 3,811.21 crore, comprising a fresh issue of 1.03 crore shares worth Rs 499.10 crore and an offer for sale of 6.83 crore shares worth Rs 3,311.21 crore, opening for subscription from Jul 23 to Jul 27, 2026, with allotment expected on Jul 28, 2026 and a tentative listing on NSE and BSE on Jul 30, 2026. The IPO’s price band is Rs 461 to Rs 485 per share, with a lot size of 30 shares, requiring a minimum retail investment of Rs 14,550, while sNII investors must apply for 14 lots (420 shares) amounting to Rs 2,03,700, and bNII investors for 69 lots (2,070 shares) amounting to Rs 10,03,950. HDFC Bank Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.

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Indo-MIM IPO Details

Check out the issue details for Indo-MIM IPO as disclosed in SEBI.

IPO Price

₹ 485

Price Band

₹ 461 - 485

Issue Size

3,811.00 Cr.

Issue Type

Book Built

Open

2026-07-23

Close

2026-07-27

Listing price

₹ 700

Listing Gain

44.33%

Listing Date

2026-07-30

CMP

₹ 1180.6

Current Return

143.42%

Company Financials

You can get the following financial statements of Indo-MIM as of now.

Indo-MIM IPO Details

The details about the Indo-MIM IPO are as follows:

  • The issue size of the IPO is Rs 3,811.21 Cr.
  • The price band for Indo-MIM IPO is Rs 461 to Rs 485.
  • The shares of Indo-MIM IPO will list on BSE and NSE.
  • The latest tentative GMP of Indo-MIM IPO is Rs .
  • The shares of Indo-MIM IPO are subscribed 5.58 Times.

 

Indo-MIM IPO Valuation

The approximate valuation of Indo-MIM IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 485
Existing Shares (Qty) 48.41 Cr
Fresh Issue Rs 499.10 Cr
Market Cap Rs 23977.95 Cr
EPS (FY25) Rs 11.06
PE Ratio 43.85x
Industry PE 148x

 

Indo-MIM IPO Issue Size

Indo-MIM IPO issue size is Rs 3,811.21 Cr.

Issue Amount
Fresh Issue Rs 499.10 Cr
Offer For Sale Rs 3,311.21 Cr

 

Indo-MIM IPO Market Lot

An individual can apply for a minimum of 1 lot of 30 shares and a maximum of 13 lots (390 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 30 Rs 14,550
Retail Maximum 13 390 Rs 1,89,150

 

Indo-MIM IPO Share Offer

The shares of Indo-MIM IPO are subscribed 5.58 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Indo-MIM IPO GMP (Grey Market Premium)

As on GMP (Tentative)
27 July 2026 Rs 190

Indo-MIM IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Indo-MIM IPO Dates

Find below the dates for Indo-MIM IPO

Schedule Date
Basis of Allotment 28 July 2026
Refunds 29 July 2026
Credit to Demat Account 29 July 2026
IPO Listing Date 30 July 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 2054.75 2317.39 2412.28 2795.48 3540.33
Total Expenditure 1309.56 1602.55 1730.7 1936.46 2509.32
Operating Profit 745.19 714.83 681.58 859.02 1031.02
Other Income 17.24 19.41 26.1 41.61 117.64
Interest 39.79 50.69 78.39 90.06 154.91
Depreciation 102.53 125.36 130.54 150.47 162.18
Exceptional Items 0 0 -76.47 -115.16 -94.93
Profit Before Tax 620.12 558.19 422.28 544.95 736.64
Provision for Tax 142.07 142.42 133.99 141.43 187.66
Net Profit 478.05 415.78 288.29 403.52 548.98
Adjusted EPS (Rs.) 1 0.87 0.6 0.84 1.13

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 47.99 47.99 48.2 48.2 48.42
Total Reserves 1335.95 1604.05 1641.13 1746.67 2292.86
Borrowings 414.78 499.92 587.61 522.09 528.94
Other N/C liabilities 43.16 49.36 39.82 -17.68 65.13
Current liabilities 463.91 686.36 849.21 1207.87 1088.54
Total Liabilities 2305.78 2887.68 3165.97 3507.15 4023.89
Assets
Net Block 804.82 960.05 1002.77 1161.22 1376.81
Capital WIP 14.55 48.99 96.88 102.35 70.81
Intangible WIP 38.39 0 34.66 38.93 49.21
Investments 345.78 434 549.23 436.23 513.62
Loans & Advances 250.24 387.68 47 35.7 39.48
Other N/C Assets 7.45 0.42 0.71 0.07 0.27
Current Assets 844.57 1056.53 1434.73 1732.67 1973.7
Total Assets 2305.78 2887.68 3165.97 3507.15 4023.89
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2026
Other Income 2.73
Profit Before Tax 300.76
Tax 77.59
Profit After Tax 223.17
Adjusted EPS (Rs) 4.61

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jul 2026 77.65 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 620.12 558.19 422.28 544.95 736.64
Adjustment 140.37 177.08 211.95 257.21 349.69
Changes in Assets & Liabilities -158.14 -132.59 -76.84 -235.69 129.33
Tax Paid -174.29 -150.41 -162.63 -167.99 -188.95
Operating Cash Flow 428.06 452.27 471.24 513.64 1121.64
Investing Cash Flow -260.04 -310.93 -462.61 -292.8 -539.76
Financing Cash Flow -176.35 -42.92 -84.32 -228.88 -322.37
Net Cash Flow -8.33 98.42 -75.68 -8.04 259.51
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