- July 30, 2026
Indo-MIM IPO Lists At 46% Premium: Should You Hold, Sell Or Buy?
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Indo-MIM IPO Listing: Precision engineering component manufacturer Indo-MIM Ltd made a stellar market debut on Thursday. Its shares were listed at around Rs 711 apiece on the NSE, which is a whopping 46.6 per cent premium over the issue price of 485. On the BSE, it traded at Rs 709 apiece as of 10:05 am.
Shivani Nyati, head of wealth at Swastika Investmart Ltd, said, “Strong market expectation reflects genuine fundamentals, not just hype: world’s largest MIM player, 6 consecutive years of global leadership, 28% revenue growth + 26% PAT growth in FY26, healthy 21.3% RoNW, and Rs 400 Cr of listing proceeds going toward debt repayment (deleveraging, not dilution-for-nothing). At 45x P/E it’s not cheap, but the moat (technology + scale + diversified end-markets) supports holding through volatility rather than flipping. Book partial listing gains if it pops sharply, but this is a name worth carrying for the long-term customer concentration and export/forex exposure are the main things to monitor in subsequent quarters.”
The public issue was open for public subscription between July 23 and July 27.
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