Indo-MIM IPO is a book build issue of ₹3,811.21 crores. The issue is a combination of fresh issue of 1.03 crore shares aggregating to ₹499.10 crores and offer for sale of 6.83 crore shares aggregating to ₹3,311.21 crores.
Indo-MIM IPO opens for subscription on Jul 23, 2026 and closes on Jul 27, 2026. The allotment for the Indo-MIM IPO is expected to be finalized on Jul 28, 2026. Indo-MIM IPO will list on NSE and BSE with a tentative listing date fixed as Jul 30, 2026.
Indo-MIM IPO is set issue price band at ₹461 to ₹485 per share. The lot size for an application is 30 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,550 (30 shares) (based on upper price). The lot size investment for sNII is 14 lots (420 shares), amounting to ₹2,03,700, and for bNII, it is 69 lots (2,070 shares), amounting to ₹10,03,950.
HDFC Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Indo-MIM IPO GMP Today
Indo-MIM IPO last GMP is ₹166, last updated July 29 2026 15:25 pm. With the upper price band of ₹485, Indo-MIM IPO’s Estimated listing price is ₹651 (cap price + today’s GMP). Tha expected percentage gain/loss per share is 34.23%
We update the GMP daily. Based on grey market activity over the last 12 sessions, the IPO’s GMP is trending upward today, indicating expectations of a strong listing. During this period, the GMP ranged from a low of ₹166.00 to a high of ₹213.00. Stay with us for the latest Indo-MIM IPO GMP updates, daily price trends, and expected listing price.
| GMP Date | IPO Price | GMP | EST. LISTING | EST. PROFIT* | Last Updated |
|---|---|---|---|---|---|
| 29-07-2026 | ₹485 | ₹166 | ₹651(34.23%) | ₹4980 | 15:25 |
| 28-07-2026 | ₹485 | ₹185 | ₹670(38.14%) | ₹5550 | 17:21 |
| 27-07-2026 | ₹485 | ₹203 | ₹688(41.86%) | ₹6090 | 15:04 |
| 26-07-2026 | ₹485 | ₹185 | ₹670(38.14%) | ₹5550 | 15:12 |
| 25-07-2026 | ₹485 | ₹184 | ₹669(37.94%) | ₹5520 | 15:47 |
| 24-07-2026 | ₹485 | ₹170 | ₹655(35.05%) | ₹5100 | 15:46 |
| 23-07-2026 | ₹485 | ₹190 | ₹675(39.18%) | ₹5700 | 13:37 |
| 22-07-2026 | ₹485 | ₹192 | ₹677(39.59%) | ₹5760 | 13:18 |
| 21-07-2026 | ₹485 | ₹180 | ₹665(37.11%) | ₹5400 | 15:15 |
| 20-07-2026 | ₹ 485 | ₹210 | ₹695(43.30%) | ₹6300 | 13:26 |
| 19-07-2026 | ₹ 0 | ₹213 | ₹213(0.00%) | ₹0 | 21:23 |
| 18-07-2026 | ₹ 0 | ₹168 | ₹168(0.00%) | ₹0 | 22:24 |
Indo-MIM IPO Details
| IPO Open Date | July 23, 2026 |
| IPO Close Date | July 27, 2026 |
| Face Value | ₹ 1 per Share |
| IPO Price Band | ₹461 to ₹485 |
| Issue Size | Approx ₹3,811.21crores |
| Fresh Issue | Approx ₹499.10 crores |
| Issue Type | Book Building IPO |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 35% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 50% |
IPO Market Lot
The Indo-MIM IPO minimum market lot is 30 shares with ₹14550 application amount. The retail investors can apply up-to 13 lots with 390 shares of ₹1,89,150 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 30 | ₹14,550 |
| Retail Maximum | 13 | 390 | ₹1,89,150 |
| S-HNI Minimum | 14 | 420 | ₹2,03,700 |
| S-HNI Maximum | 68 | 2040 | ₹9,89,400 |
| B-HNI Minimum | 69 | 2070 | ₹10,03,950 |
Indo-MIM IPO Anchor Investors
| Anchor Bidding Date | July 22, 2026 |
| Shares Offered | 2,35,25,656 Shares |
| Lock-in period end date 50% shares(30 Days) | 2026 |
| Lock-in period end date 50% shares (90 Days) | 2026 |
Indo- MIM IPO Dates
The Indo-MIM IPO open date is July 23 and the close date is July 27. The Indo-MIM IPO allotment will be finalized on July 28 and the IPO listing on July 30.
| IPO Open Date: | 23-07-2026 |
| IPO Close Date: | 27-07-2026 |
| Basis of allotment: | 28-07-2026 |
| Refunds: | 29-07-2026 |
| Credit to Demat Account: | 29-07-2026 |
| IPO Listing Date: | 30-07-2026 |
Promoters and Holding Pattern
The promoters of the company are Green Meadows Investments Ltd., Krishna Chivukula Krishna Chivukula Jr, Raj Chivukula and Jagadamba CHandrasekhar.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 48,41,53,072 | 92.94% |
| Promoter Holding Post Issue | 49,44,62,350 | 77.65% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
|---|---|
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company; and | ₹400.00 |
| General Corporate Purpose | ₹- |
IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2026 | ₹4,320.70 | ₹3508.93 | ₹533.54 | ₹4,897.33 |
| 2025 | ₹3,373.97 | ₹2691.89 | ₹423.73 | ₹4,140.84 |
| 2024 | ₹2,900.38 | ₹2388.70 | ₹283.73 | ₹3,757.51 |
| 2023 | ₹2,760.65 | ₹2141.78 | ₹462.69 | ₹3,380.45 |
Indo-MIM IPO Valuation – FY2026
Check Indo-MIM IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 21.26% |
| ROCE | 26.60% |
| EBITDA Margin | 25.54% |
| PAT Margin | 12.72% |
| Debt to equity ration | – |
| Earning Per Share(EPS) | ₹11.06 |
| P/E Ratio | n/a |
| Return on Net Worth (RoNW) | 21.26% |
| Net Asset Value(NAV) | ₹58.24 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Jiangsu Gian Technology co, Ltd | 3.91 | 148.00 | 3.10% | 165.13 | 4060.51 crores |
IPO Lead Managers aka Merchant Bankers
- HDFC Bank Ltd.
- Axis Capital Ltd.
- ICICI Securities Ltd.
- Kotak Mahindra Capital Co. Ltd.
- SBI Capital Markets Ltd.
Company Address
Indo-MIM Ltd.
45(P), KIADB Industrial Area
Hoskote
Bangalore Urban, Karnataka, 562114
Phone: +91 81 2347 9565
Email: santosh.d@indo-mim.com
Website: http://www.indo-mim.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: indomim.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.