Indo-MIM IPO opens today: GMP, date, price, subscription status to review. Apply or not?

Indo-MIM Ltd's ₹3,811 crore IPO opened for subscription with a price band of ₹461-₹485 per share and will close on 27 July 2026. The issue comprises ₹499 crore of fresh shares and ₹3,311 crore via Offer for Sale, with shares trading at a ₹185 grey market premium. KC Securities valued the stock at 45x FY26E P/E and called the premium justified, citing Indo-MIM's global leadership in Metal Injection Moulding and the absence of direct listed peers in India.