Indamin Company
Indamin Saipa Shock Absorber Manufacturing Company Public Joint Stock Company is a Tehran-based, TSE-listed automotive-component manufacturer trading as خکمک. A member and main supplier of SAIPA Group, it produces hydraulic and telescopic shock absorbers for SAIPA and Iran Khodro vehicles. The company is relevant to OEM procurement and listed exposure to Iran’s domestic vehicle-production supply chain.
Operations & footprint
Products and services
Indamin Saipa manufactures automotive shock absorbers, suspension components, and related ride-control products for passenger vehicles, commercial vehicles, OEM supply, and aftermarket channels. Its operations are linked to SAIPA and broader domestic vehicle platforms, metalworking, hydraulic components, quality testing, replacement-parts demand, and suspension-system reliability.
Operations and assets
The Tehran operation manufactures hydraulic and telescopic shock absorbers for SAIPA and Iran Khodro vehicles. It began mass production of shock absorbers for the SAIPA Shahin in 2021, with the programme described as covering SAIPA’s full requirement for that model at that time.
Geographic footprint
Tehran, Iran.
Ownership & group structure
Ownership
Public Joint Stock Company.
Commercial and investment relevance
Indamin Saipa is relevant for investors assessing Iran's suspension-parts market, vehicle-maintenance demand, OEM supplier concentration, aftermarket resilience, and listed auto-parts exposure. It can support analysis of how aging vehicle fleets, road conditions, SAIPA production cycles, raw-material prices, import restrictions, and quality standards affect parts manufacturers. Due diligence should review customer concentration, OEM versus aftermarket sales, raw-material sourcing, margin pressure, working capital, production continuity, and latest listed-company disclosures. For OEM buyers, Indamin Saipa is a domestic source of shock absorbers for SAIPA and Iran Khodro vehicle platforms. Suppliers and partners are exposed to its production schedules and component requirements through the Iranian automotive supply chain.
Constraints, risk & compliance
Key risks and constraints
Revenue exposure is concentrated in automotive OEM demand, particularly SAIPA Group supply programmes. Changes in vehicle-platform volumes or sourcing requirements can directly affect shock-absorber orders.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Indamin Saipa manufacture?
Indamin Saipa manufactures hydraulic and telescopic shock absorbers for SAIPA and Iran Khodro vehicle platforms.
Is Indamin Saipa publicly listed?
Yes. The company is listed on the Tehran Stock Exchange under ticker خکمک (Khkomak).
Where is Indamin Saipa based?
Its headquarters are on the Karaj Special Road in Tehran, Iran.
What is Indamin Saipa’s relationship with SAIPA?
Indamin Saipa is a member and main supplier of SAIPA Group, supplying automotive shock absorbers for its vehicle programmes.