HighPositive
Announced Wed, 22 Jul · 15:50 IST

Indo-MIM IPO opens tomorrow; GMP signals 37% listing premium. Check price band, dates and key details

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indo-MIM's Rs 3,811.21-crore IPO opens for subscription on July 23, 2026, with a price band of Rs 461-Rs 485 per share and a minimum lot of 30 shares. Grey market premium of Rs 178 signals an estimated 36.7% listing premium over the upper price band, with shares likely to debut on July 30, 2026. The issue comprises a fresh issue of Rs 499.10 crore and an OFS of Rs 3,311.21 crore; FY26 revenue rose 28.1% to Rs 4,320.70 crore while PAT grew 25.9% to Rs 533.54 crore.