September 28, 2025

Hold your breath, market watchers! Two mighty Indian manufacturers are on the IPO rampage, aiming to rake in over Rs 2,200 crore from investors hungry for a slice of industrial magic. The stars of the show? Bengaluru-based Indo MIM Ltd and Kolkata’s Laser Power & Infra Ltd (LPIL). Indo MIM, crowned by a Financial & Securities report as the world’s largest maker of precision components using metal injection molding (MIM) technology, is set to rake in Rs 1,000 crore through fresh equity. That’s not all—existing shareholders like Green Meadows Investments Ltd, Anuradha Koduri, John Anthony Dexheimer, and IIT Madras are offering up to 12.97 crore shares for sale, opening a golden gateway for new investors. Indo MIM isn’t just about raising money; Rs 720 crore will help clear borrowings, while the rest supports lively corporate plans. They are also toying with a pre-IPO placement worth up to Rs 200 crore, which could tweak numbers a bit. Founded way back in 1996, Indo MIM runs 15 factories worldwide—six in India, six in the USA, two in the UK, and one in Mexico. They serve top-notch industries like automotive, defence, medical, consumer goods, and aerospace, using jaw-dropping tech like metal 3D printing and ceramic injection molding. With Rs 3,329 crore revenue and Rs 423 crore profit after tax in fiscal year 2025, they’re playing in a league with almost no rival in India. The only global peer is Jiangsu Gian Technology from China. The big names managing this IPO party include HDFC Bank, Axis Capital, ICICI Securities, Kotak Mahindra Capital, and SBI Capital Markets. Expect Indo MIM shares to shine on both BSE and NSE. Now, zoom to Kolkata! Laser Power & Infra Ltd, a heavyweight in power cables and components used in the power transmission game, plans to scoop up Rs 1,200 crore. Here’s the twist: Rs 800 crore is fresh equity, and Rs 400 crore will come from existing promoters Deepak Goel, Devesh Goel, Akshat Goel, and Rakhi Goel selling shares. LPIL’s fresh cash will chop Rs 600 crore off borrowings and keep the company’s plans rolling. Plus, a possible pre-IPO placement of Rs 160 crore might change the fresh equity size a bit. Started in 1988, LPIL operates three plants in West Bengal with an impressive capacity of 73,100 metric tonnes. Their big clients include Indian Railways, Odisha’s state distributors, and private players like Montecarlo Limited. Their revenues zoomed to Rs 2,570 crore in FY25, growing a sizzling 40% yearly since FY23, while profits hit Rs 106 crore. They mix it up with listed peers like Apar Industries and Polycab India. IIFL Capital Services and ICICI Securities are steering LPIL’s IPO ship, with listings ready for both BSE and NSE. The industrial IPO wave is sizzling! With fresh funds, these companies are setting the stage for a new era in Indian manufacturing. Buckle up—it’s going to be a thrilling market ride!

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Tags: Indo mim ipo, Laser power infra ipo, Metal injection molding, Power cables, Sebi filings, Indian ipo market,