Archive · 30 Jul 2026
Indo‑MIM IPO Debuts at 44% Premium on NSE and BSE
Indo‑MIM, a company that makes tiny metal parts, sold shares to the public in July 2026.
People bought the shares a lot, so the company raised a huge amount of money.
When the shares started trading on the stock exchanges, they were worth about ₹700 each, which is much higher than the price the company set for the IPO.
The company will use part of the money to pay off some loans and the rest for business needs.
The IPO was very popular, especially among big investors, and the company’s shares did better than most people expected.
Indo‑MIM shares listed on BSE and NSE on 30 July 2026, debuting at ₹700 (NSE) and ₹703 (BSE), a 44% premium to the IPO price.
The IPO was heavily subscribed, 72.37× overall, with QIBs 204×, NII 50×, and retail 6.7×.
Grey market premium before listing was ₹184–186 per share, implying an estimated listing price of about ₹669–671, but the actual debut exceeded expectations.
The company raised ₹3.81 trn from the IPO, with ₹400 cr earmarked for debt repayment and the balance for corporate purposes.
Shares were offered in lots of 30, with a 2 lakh share employee reservation at a ₹45 discount.
- Who
- Indo‑MIM Limited
- What
- Initial public offering listing debut
- When
- 30 July 2026
- Where
- BSE and NSE, India
- Why
- To raise capital, repay debt, and fund growth
- Listing date
- 30 July 2026
- Exchanges
- BSE and NSE
- IPO price band
- ₹461–₹485 per share
- Issue size
- ₹3.81 trn
- Grey market premium
- ₹184–₹186 per share
- Debut price (NSE)
- ₹700 per share
- Debut price (BSE)
- ₹703 per share
- Subscription multiple
- 72.37×
- Debt repayment
- ₹400 cr
