Indo-MIM IPO Day 2: Check latest GMP, subscription status, and other details - Apply or not?

Indo-MIM IPO was subscribed 1.41 times by mid-morning on Day 2, with retail at 1.06 times, NII at 3.88 times, QIB at 0.18 times and employee quota at 1.79 times. The about Rs 3,811 crore issue is priced at Rs 461-485 per share, and grey market premium of Rs 165 signals an expected listing around Rs 650, a 34 percent premium. Brokerages Anand Rathi and Swastika Investmart have assigned Subscribe ratings, citing the company global leadership in metal injection molding and about 28 percent revenue growth in FY26.