An institutional repository is a system for dissemination and stewardship of the intellectual life and scholarship of an institution. It has become a new way for the institutions to contribute to the broader world of scholarship (Giesecke, 2011). In spite of the global recognition of institutional repositories as an open access scholarly communication channel, institutional repositories are still struggling with the problem of non-participation from contributors in developing countries like India. This study conveys the results of a survey conducted at a minority university of India. The study is an expression of the opinion of 542 faculty members and research scholars pertaining to the possible implications of institutional repositories on their professional and publishing practices. The study is undertaken to: Determine the level of awareness of institutional repository among contributors; identify the reasons for participation and non-participation of contributors; examine the implications of institutional repository on contributors professional and publishing practices; analyze the major obstacles/hindrances in the growth of an institutional repository; and suggest measures for better implementation and development of an institutional repository in future. With the help of the statistical techniques such as chi-square test and weighted mean the study resulted that the majority of the contributors are well aware about the concept of institutional repository, the majority of contributors have not deposited in an institutional repository so far, long term preservation of research materials is the first ranked reason for participation in an institutional repository, copyright and plagiarism concern is the main reason behind contributors’ non-participation in institutional repository, increased accessibility of research output is the major implication of the institutional repository on contributors professional practices, saved cost of publishing in a journal is the biggest implication of institutional repository on contributors publishing practices, and contributors demand more control on ownership, access and security in future for an institutional repository. This article is aimed at the institutions that report low-use and low-deposit repositories. It may be used to convince the contributors about the value of institutional repositories, importance of participating in an institutional repository and possible implications on their professional and publishing practices. The study is also intended at the management of the institutions to take notice of the contributors’ demands for future participation and develop policies accordingly for removing major barriers in the growth of institutional repositories and improving contributions and quality of content in the institutional repositories.