Summary of this article
Indo-MIM IPO subscribed 72.37 times, led by strong QIB demand of 204.47 times
Allotment on July 28; refunds and demat credit on July 29; listing on July 30
GMP at Rs 190, indicating an estimated listing price of around Rs 675
Indo-MIM IPO Allotment Today, GMP: Precision engineering company Indo-MIM’s initial public offering (IPO) received a strong response from investors, with the issue being subscribed 72.37 times overall. The IPO received bids for 3985.87 million shares against 55.07 million shares on offer. The issue was open for public subscription from July 23 to July 27, 2026.
Indo-MIM is expected to finalise the share allotment on July 28, 2026. Refunds for unsuccessful applicants are likely to be initiated on July 29, while shares will be credited to the demat accounts of successful bidders on the same day. The company is scheduled to make its stock market debut on both the NSE and BSE on July 30, 2026.
Indo-MIM IPO Details: Issue Size, Price Band, Objectives
Issue Size: Indo-MIM raised Rs 3,811.21 crore through its IPO, comprising a fresh issue of 10.31 million equity shares worth Rs 499.10 crore and an offer for sale (OFS) of 68.29 million shares worth Rs 3,311.21 crore.
Price Band, Lot Size, Minimum Investment: The IPO was priced in the range of Rs 461 to Rs 485 per share. The lot size was fixed at 30 shares, which required a minimum investment of Rs 14,550 for retail investors based on the upper price band.
Objectives: The company plans to utilise Rs 400 crore from the fresh issue proceeds towards repayment or prepayment of certain outstanding borrowings. The remaining funds will be used for general corporate purposes.
BRLMs, Registrar: HDFC Bank is the book running lead manager to the issue, while MUFG Intime India is the registrar.
Indo-MIM IPO GMP Today
Indo-MIM IPO shares were commanding a grey market premium (GMP) of Rs 190 per share as of July 28, 2026, 9:34 AM, according to market trackers.
Based on the current GMP and the upper issue price of Rs 485, the estimated listing price is around Rs 675 per share. This suggests a potential listing gain of nearly 39.18 per cent over the issue price.
It is important to note that GMP is an unofficial indicator of market sentiment and should not be treated as a reliable predictor of listing-day performance.
Indo-MIM IPO Allotment Status: Step-By-Step Guide
Applicants can check their allotment status on the official websites of NSE, BSE, and the registrar, MUFG Intime India.
How To Check Indo-MIM IPO Allotment On NSE
Go to NSE's official website
Navigate to the Invest tab and click on Resources & Tools
Click on Check Trades/Bids and select Verify IPO Bids
Open Equity & SME IPO Bid Details
Select Indo-MIM from the symbol list
Enter your PAN or application number
Click Submit to check your allotment status
How To Check Indo-MIM IPO Allotment Status On BSE
Visit the official website of BSE
Click on the Investors section
Go to Investor Services and select Status of the Issue Application
Click on Check Status or Application Status Check
Select Equity as the issue type
Choose Indo-MIM from the issue name
Enter your application number or PAN
Complete the captcha verification and click Search
How To Check Indo-MIM IPO Allotment Status Online Through MUFG Intime
Go to the official website of MUFG Intime
Navigate to the Investor Services section and click on Public Issues
Select Indo-MIM IPO from the drop-down list
Enter any one of the following details: PAN, or Application number, or Depository Participant ID/Client ID, or bank account number, or IFSC code
Click Submit to view your allotment status
