- IIT Bombay was established in 1958 with assistance from UNESCO and the funds contributed by the Russia (then Soviet Union). It is located at Powai which is about 30 Kms from the city of Mumbai.
- Currently IIT Bombay has 15 academic departments, 10 centers, one school and 4 interdisciplinary programs. Over the last 56 years, more than 40,000 engineers and scientists have graduated from the institute.
- The first academic session of the Institute opened on 25 July 1958, in its temporary home at the Synthetic and Art Silk Mills Research Association (SASMIRA) building in Worli, Mumbai with 100 students. These students were given admission to the first year undergraduate engineering programmes of Aerospace, Chemical, Civil, Computer, Electrical, Engineering Physics, Energy, Mechanical, Metallurgical Engineering and MSc Chemistry.
IIT Bombay stamp was released as a part of myStamp sheetlet to celebrate the Diamond Jubilee of IIT Bombay in Mumbai on 10th Mar 2018. Stamp sheet contains 6 stamps each in two designs.