IPO GMPs: Lohia Corp IPO vs Indo-MIM IPO vs Xtranet Technologies IPO — what grey market hints ahead of IPO opening date

Three mainboard IPOs - Lohia Corp (₹1,102 crore OFS at ₹404-425), Indo-MIM (₹3,812 crore at ₹461-485), and Xtranet Technologies (₹170 crore fresh issue at around ₹127) - are set to open for public subscription on 23 July. Grey market premiums indicate estimated listing prices of about ₹461 for Lohia Corp (8.47% premium), ₹677 for Indo-MIM (39.59% premium), and ₹147 for Xtranet Technologies (15.75% premium). Analysts note the IPO market is reopening in a selective phase, with investor appetite present for well-priced quality businesses with credible earnings visibility.