31 Mar 2024
Assets3,757.51
Total Income2,900.38
EBITDA743.46
Profit After Tax283.73
NET Worth2,050.51
Reserves and Surplus1,889.04
Total Borrowing1,085.01
At a glance
Updated 2026-09-09Indo-MIM is a Mainboard IPO with an issue size of ₹3,811.21 crore, proposed for listing on BSE, NSE. The issue structure includes a fresh issue of ₹499.10 crore and an offer-for-sale component of ₹3,311.21 crore.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹3,811.21 Cr
Fresh issue₹499.10 Cr
Offer for sale₹3,311.21 Cr
Face value₹1
Price band₹461.00–₹485.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗QIB204.47×
sHNI36.55×
bHNI57.69×
NII / HNI57.69×
Retail6.69×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14,550 |
| Retail (Max) | 13 | 390 | ₹189,150 |
| S-HNI (Min) | 14 | 420 | ₹203,700 |
| S-HNI (Max) | 68 | 2040 | ₹989,400 |
| B-HNI (Min) | 69 | 2070 | ₹1,003,950 |
Reservation
Issue mix
QIB Shares Offered49.87%3,92,09,428 shares
− Anchor Investor Shares Offered29.92%2,35,25,656 shares
− QIB (Ex. Anchor) Shares Offered19.95%1,56,83,772 shares
NII (HNI) Shares Offered14.96%1,17,62,829 shares
− bNII > ₹10L9.97%78,41,885 shares
− sNII < ₹10L4.99%39,20,944 shares
Retail Shares Offered34.91%2,74,46,600 shares
Preferential Reservations
Employee Shares Offered0.25%2,00,000 shares
Total Shares Offered100.00%7,86,18,857 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company | ₹400.00 Cr |
| General Corporate Purposes | ₹85.44 Cr |
| Issue Expenses | ₹111.00 Cr |
| Total | ₹596.44 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue4,320.70₹ Cr · +28.1% vs prior year
EBITDA1,070.92₹ Cr · +14.8% vs prior year
PAT533.54₹ Cr · +25.9% vs prior year
Assets4,897.33₹ Cr · +18.3% vs prior year
Net Worth2,819.55₹ Cr · +28.2% vs prior year
Borrowing1,090.49₹ Cr · -12.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets4,140.84
Total Income3,373.97
EBITDA932.60
Profit After Tax423.73
NET Worth2,199.43
Reserves and Surplus2,030.81
Total Borrowing1,247.20
31 Mar 2026
Assets4,897.33
Total Income4,320.70
EBITDA1,070.92
Profit After Tax533.54
NET Worth2,819.55
Reserves and Surplus2,573.46
Total Borrowing1,090.49
KPIs
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 19.94% | 21.26% |
| ROCE | 23.51% | 26.60% |
| Debt / Equity | 0.57% | 0.39% |
| RoNW | 19.94% | 21.26% |
| PAT Margin | 12.73% | 12.72% |
| EBITDA Margin | 28.01% | 25.54% |
| Price to Book Value | 10.63 |
Valuation & shareholding
Pre-IPO EPS11.02
Post-IPO EPS10.79
Pre-IPO P/E44.01
Post-IPO P/E44.95
Promoter holding pre92.94%
Promoter holding post77.65%
Market cap₹23981.42 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Indo Mim IPO | — | 44.95 x | — | — |
| Lumino Industries IPO | — | 15.62 x | — | — |
| Hytech Engineers IPO | — | 22.27 x | — | — |
| Technocraft Ventures IPO | — | 19.38 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by Company | ₹400.00 Cr |
| General Corporate Purposes | ₹85.44 Cr |
| Issue Expenses | ₹111.00 Cr |
| Total | ₹596.44 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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