Archive · 30 Jan 2026
Indo-MIM Plans $700 Million India IPO
Indo-MIM Ltd.
is a company that makes very precise parts using special technology.
They want to sell shares of their company to the public for the first time in India, which is called an IPO.
They hope to raise up to $700 million.
The company has factories in India, the US, the UK, and Mexico.
They make a lot of money from selling their parts, and they want to use the money from the IPO to pay off some of their debts and for other business needs.
The company has lowered the price they think they are worth because the market for buying and selling shares is not doing very well right now.
Indo-MIM Ltd. is planning an IPO in India to raise up to $700 million.
The company has reduced its valuation target to about $2.5 billion from $3.2 billion.
The IPO will include the sale of new shares worth 1,000 crore and a secondary sale of 129.67 million shares by existing investors.
Indo-MIM operates 15 manufacturing facilities across India, the US, the UK, and Mexico.
The company reported revenue of 3,330 crore and net income of 428 crore for the fiscal year ended March 2025.
- Who
- Indo-MIM Ltd., a precision components maker
- What
- Planning an initial public offering (IPO) in India
- When
- As early as next month (February 2026)
- Where
- India
- Why
- To raise funds for repaying borrowings and general corporate purposes
- Company
- Indo-MIM Ltd.
- IPO Size
- $700 million
- Valuation
- $2.5 billion (reduced from $3.2 billion)
- New Shares
- 1,000 crore
- Secondary Sale
- 129.67 million shares (26% equity)
- Manufacturing Facilities
- 15 (6 in India, 6 in US, 2 in UK, 1 in Mexico)
- Revenue (FY 2025)
- 3,330 crore
- Net Income (FY 2025)
- 428 crore