HighPositive
Announced Thu, 23 Jul · 07:34 IST

Indo-MIM IPO opens today; GMP indicates 38% listing premium. Check price band, dates and other key details

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Indo-MIM IPO opened for subscription from July 23 to July 27, 2026, with a price band of Rs 461-485 per share. The book-built issue is worth Rs 3,811.21 crore, comprising a fresh issue of Rs 499.10 crore and an OFS of Rs 3,311.21 crore by existing shareholders. Grey market premium of Rs 185 suggests an estimated listing price of around Rs 670, indicating about 38% premium over the upper price band, with allotment on July 28 and listing on July 30.