28 Sep 2025 | 3 Mins Read
Indo MIM Plans Rs 1,000 Crore IPO
Flipitmoney
Indo MIM, a Bengaluru-based precision components manufacturer, filed a draft red herring prospectus to raise funds through an IPO of Rs 1,000 crore and a pre-IPO placement up to Rs 200 crore. Proceeds will be used for Rs 720 crore debt payment and general corporate purposes. Revenue from operations rose to Rs 3,329 crore in FY25.