The Indo-MIM IPO saw its grey market premium (GMP) rise on the final day of subscription, July 27, 2026, reflecting sustained investor interest. The issue, which opened on July 21, closed with strong demand across categories.
Subscription and GMP Details
According to market sources, the overall subscription stood at 2.35 times by the closing day, with qualified institutional buyers leading the demand. The GMP, which indicates the expected listing premium, increased to ₹80 per share, up from ₹65 at the start of the week. “The healthy GMP suggests a strong listing for the company,” said a market analyst.
Allotment and Listing Schedule
The allotment of shares is expected to be finalized on August 1, 2026. Investors who applied can check the allotment status on the registrar’s website or the BSE/NSE portals. The refund process for unallotted shares will commence on August 2. The company’s shares are scheduled to list on the BSE and NSE on August 4, 2026.
Company Background
Indo-MIM is a leading manufacturer of precision-engineered components using metal injection molding technology. The IPO comprised a fresh issue of 1.5 crore shares and an offer-for-sale of 50 lakh shares, raising approximately ₹800 crore. Proceeds will be used for expansion and debt repayment.
