Can Indo-MIM IPO deliver long-term growth for high risk investors?

ET Intelligence Group: Indo-MIM, a precision engineering components manufacturer, plans to raise ₹500 crore through a fresh issue for repayment of debt and general corporate purposes. It will also raise ₹3,312 crore through an offer for sale. The promoter group's stake will fall to 77.7% after the IPO from 92.9%.The company provides end-to-end solutions, including mould design, tooling, finishing and assembly, and operates 15 manufacturing facilities across India, the US, the UK and Mexico, s...
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This article was originally published by Economictimes.indiatimes.com.
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