INDO-MIM seeks to raise $113M via IPO
INDO-MIM Ltd, headquartered in Bengaluru, India, is reported to have filed for an initial public offering (IPO) of shares to raise up to Rs 1,000 crore (approx $113 million) via fresh issue.
As part of the offer for sale (OFS), Green Meadows Investments Ltd, Anuradha Koduri, John Anthony Dexheimer and the Indian Institute of Technology Madras will offload shares.
One of the world’s largest Metal Injection Molding (MIM) operations, INDO-MIM was founded in 1996. Today, the company operates globally, with facilities in India, the United States, the United Kingdom and Mexico. Its main facility in Bangalore houses the world’s largest installed capacity for MIM and employs over 2500 skilled workers.
INDO-MIM’s annual report states that total Income for the year ended March 2025 was INR 28,338.46 million (approx $319 million), up from INR 24,383.81 million (approx $275 million) in FY 2024.
www.indo-mim.com
