Archive · 28 Jul 2026
Indo-MIM IPO Sees Strong Subscription and GMP Jump
Indo-MIM Ltd, a global leader in Metal Injection Moulding (MIM), is launching its IPO in India.
The IPO opened on 23 July 2026 and will close on 27 July 2026, with a price band of ₹461 to ₹485 per share.
The company aims to raise ₹3,811 crore.
The IPO has seen strong subscription, with the grey market premium (GMP) jumping to ₹190.
Analysts from KC Securities, Anand Rathi, Beacon Capital Advisors, and Swastika Investmart recommend investing in the IPO for its long-term growth potential.
The company's shares are expected to list on the BSE and NSE exchanges on 30 July 2026.
Indo-MIM Ltd's IPO opened on 23 July 2026 and will close on 27 July 2026.
The price band is set at ₹461 to ₹485 per share.
The IPO aims to raise ₹3,811 crore.
The grey market premium (GMP) has jumped to ₹190.
The IPO has been subscribed 4.45 times by day 3.
- Who
- Indo-MIM Ltd
- What
- Initial Public Offering (IPO)
- When
- 23 July 2026 to 27 July 2026
- Where
- India
- Why
- To raise ₹3,811 crore for business expansion and growth
Investors
Company
Valuation
Investors
Investors are concerned about the premium valuation of 45.0x P/E.
Company
The company justifies the valuation due to its global leadership and niche market position.
- IPO Open Date
- 23 July 2026
- IPO Close Date
- 27 July 2026
- Price Band
- ₹461 to ₹485 per share
- IPO Size
- ₹3,811 crore
- Grey Market Premium (GMP)
- ₹190
- Subscription Status (Day 3)
- 4.45 times
- Listing Exchanges
- BSE and NSE
- Most Likely Listing Date
- 30 July 2026
Sources
Indo-MIM IPO Day 3 LIVE: GMP jumps following strong subscription status. Apply or not?
Indo-MIM IPO Allotment Today: GMP At Nearly 40%; Here's How To Check Allotment Status Online
Indo-MIM IPO allotment likely today: Here's how to check allotment status online as GMP remains strong
