MediumPositive
Announced Tue, 21 Jul · 13:15 IST

Indo-MIM IPO: GMP signals 42% listing pop; 10 key things to know from RHP ahead of issue launch on Thursday

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indo-MIM, a precision engineering components manufacturer using metal injection moulding technology, is set to open its IPO on Thursday 23 July and close on Monday 27 July, with a price band of Rs 461 to Rs 485 per share. The issue combines a fresh issue of about 1.03 crore shares to raise Rs 500 crore and an OFS aggregating to Rs 3,312.1 crore, with allotment expected on 28 July and listing on 30 July. Grey market premium of Rs 202 signals a possible listing pop of around 42 percent; the company reported FY26 revenue of Rs 4,193 crore and profit of Rs 533.5 crore, and claims a 6.8 percent global MIM market share.