The Library of the Indian Mathematical Society was started in 1907 at the Fergusson College, Poona (Pune) with Wrangler Principal R. P. Paranjape as its First Librarian who served in this capacity from 1907 to 1922.

In 1950 the Library was shifted to Madras (Chennai), and is now housed in the Campus of the Ramanujan Institute for Advanced Study in Mathematics, University of Madras, Chennai : 600 005, Tamil Nadu, where it continues to be located at present.

The Library receives many journals on Exchange basis and has a rich collection of back numbers of reputed mathematical journals received from all over the world. The complete IMS Library Catalogue of the back volumes of all the periodicals published by the Society as well as those received in exchange by the Society and available in the IMS Library, Chennai, is now displayed on IMS website

The Library provides useful service to the members of the Society by mailing Books / Journals / zerox-copies of the articles on request to the members of the Society all over India.

There is a spate of request for xerox copies of articles published in these journals and the Library attends to these demands promptly. If a particular journal is not available in the IMS Library, the scholars/students are requested to contact other Libraries where it is likely to be available providing them with the addresses of those Libraries.