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Indo-MIM Ltd
Registered Office:
45P KIADB Industrial Area,Hoskote, Bangalore - 562114, Karnataka, India. Phone : +91 81 2347 9565 Fax:
Email :
Website :
www.indo-mim.com
Initial public offer of up to 7,86,00,300 equity shares of face value of Rs. 1 each ("Equity Shares") of Indo-mim Ltd ("Company" or "Issuer") for cash at a price of Rs. 485 per equity share (Including a share premium of Rs. 484 per equity share) ("Offer Price"), aggregating up to Rs. 3812.11 Crore (the "Offer") comprising of a fresh issue of up to equity 10,309,278 shares of face value of Rs. 1 each aggregating up to Rs. 500.00 Crore (the "Fresh Issue") and an offer for sale of up to 68,291,022 equity shares of face value of Rs. 1 each aggregating up to Rs. 3312.11 Crore (the "Offer for Sale") comprising of up to 60,524,322 equity shares of face value Rs. 1 each aggregating up to Rs. 2935.43 Crore by green meadows investments ltd (the"Corporate Promoter Selling Shareholder"), up to 5,459,000 equity shares of face value Rs. 1 each aggregating up to Rs. 264.76 Crore by Anuradha Koduri (the "Individual Promoter Group Selling Shareholder"), and up to 2,307,700 equity shares of face value Rs. 1 each aggregating up to Rs. 111.92 Crore by Indian institute of technology madras (the "Other Selling Shareholder" and Collectively With the Corporate Promoter Selling Shareholder, and Individual Promoter Group Selling Shareholder, the "Selling Shareholders", and Such Equity Shares Offered by the Selling Shareholders, the "Offered Shares"). This offer includes a reservation of up to 200,000 equity shares of face value of Rs.1 each, aggregating up to Rs. 9.7 Crore (constituting up to [*]% of the post-offer paid-up equity share capital, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute at least [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The company in consultation with the brlms, may offer a discount of up to [*]% (equivalent to Rs. 45 per equity share) to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. Price Band: Rs. 485 per equity share of face value of Rs. 1 each. The floor price 485 times the face value of the equity shares, respectively. Bids can be made for a minimum of 30 equity shares of face value of Rs. 1 each and in multiples of 30 equity shares of face value of Rs. 1 each thereafter. A discount of Rs. 45 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On
Closes On
23-Jul-26
27-Jul-26
Money Payable On
Application
Allotment
485.00
0.00
Minimum Application for shares in Nos : 30 Further Multiples of : 30
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
0.00
Axis Capital Limited
Project Financed through Current Offer (
.Cr)
3812.11
Post Issue Equity Share Capital (
.Cr)
56.28
Issue Price (
)
485.00
Projects
Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company
General corporate purposes
Promoted By
Green Meadows Investments Ltd
Krishna Chivukula
Krishna Chivukula Jr.
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.