Updated · Powder Injection Moulding International · Aug 10
Indo-MIM Shares Jump 82% Above ₹485 IPO Price After July 30 Debut
Updated
Updated · Powder Injection Moulding International · Aug 10
Indo-MIM Shares Jump 82% Above ₹485 IPO Price After July 30 Debut
1 articles · Updated · Powder Injection Moulding International · Aug 10
Summary
Around August 6, Indo-MIM traded about 82% above its ₹485 issue price, extending gains after its July 30 stock market debut.
The stock had already signaled strong demand on listing day, opening at ₹703 on the BSE and ₹700 on the NSE—roughly a 45% premium to the IPO price.
Its ₹3,811.21 crore IPO included a ₹499.10 crore fresh issue and a ₹3,311.21 crore offer for sale, after the company raised ₹1,140.99 crore from anchor investors.
For FY2026, Indo-MIM reported total income of ₹4,320.70 crore, up 28.1% year on year, while profit after tax rose 25.9% to ₹533.54 crore.
The Bengaluru-based company makes precision-engineered components using Metal Injection Moulding and other manufacturing technologies, giving investors exposure to a vertically integrated industrial manufacturer.