All available photometric and spectroscopic observations were collected and used as the basis of a detailed analysis of the close binary IM Mon. The orbital period of the binary was refined to 1. d 19024249(0.00000014). The Roche equipotentials, fractional luminosities (in B, V and H p -bands) and fractional radii for the component stars in addition to mass ratio q, inclination i of the orbit and the effective temperature T eff of the secondary cooler less massive component were obtained by the analysis of light curves. IM Mon is classified to be a detached binary system in contrast to the contact configuration estimations in the literature. The absolute parameters of IM Mon were derived by the simultaneous solutions of light and radial velocity curves as M 1,2 = 5.50(0.24) M ⊙ and 3.32(0.16) M ⊙ , R 1,2 = 3.15(0.04) R ⊙ and 2.36(0.03) R ⊙ , T eff1,2 = 17500(350) K and 14500(550) K implying spectral types of B4 and B6.5 ZAMS stars for the primary and secondary components respectively. The modelling of the high resolution spectrum revealed the rotational velocities of the component stars as V rot1 = 147(15) km s −1 and V rot2 = 90(25) km s −1 . The photometric distance 1 of 353(59) pc was found more precise and reliable than Hipparcos distance of 341 (85) pc. An evolutionary age of 11.5(1.5) Myr was obtained for IM Mon. Kinematical and dynamical analysis support the membership of the young thin-disk population system IM Mon to the Ori OB1a association dynamically. Finally, we derived the distance, age and metallicity information of Ori OB1a sub-group using the information of IM Mon parameters.