Archive · 31 Jul 2026
Indo‑MIM Shares Debut With 53% Premium
Indo‑MIM Ltd, a precision engineering company, sold its shares for the first time on the stock market.
The shares started trading at Rs 703, which is almost 45% higher than the price they were sold for.
During the day the price jumped to Rs 757.50, and by the end of the day it was Rs 741.80.
This means investors paid about 53% more than the original price.
The company’s total value on the market is about 36,680 crore rupees.
Indo‑MIM Ltd shares opened at Rs 703, up 44.94% from issue price.
The stock peaked at Rs 757.50, a 56.18% rise during the day.
Closing price was Rs 741.80, a 52.94% premium over the issue price.
Shares traded 97.38 lakh on BSE and 727.03 lakh on NSE.
Company’s market valuation reached Rs 36,680.59 crore.
- Who
- Indo‑MIM Ltd
- What
- Stock market debut with a 53% premium over issue price
- When
- Thursday (date not specified)
- Where
- New Delhi, listed on BSE and NSE
- Why
- Not stated
- Issue price
- Rs 485
- Opening price (BSE)
- Rs 703
- Highest price
- Rs 757.50
- Closing price
- Rs 741.80
- Market valuation
- Rs 36,680.59 crore