Indo-MIM IPO
Indo-MIM IPO is a mainboard IPO raising ₹3,811 Cr at ₹461 – ₹485 a share. The smallest application you can make is 30 shares, costing ₹14,550 at the top of the band. Bidding has closed; the shares list on 30 Jul 2026. So far it has been subscribed 72× in total.
72.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 1,56,83,772 | 3,20,48,97,090 | 204× |
| Foreign Institutional Investors | no separate quota | 1,05,75,59,970 | n/a |
| Domestic Financial Institutions | no separate quota | 1,43,95,71,090 | n/a |
| Mutual funds | no separate quota | 31,63,06,770 | n/a |
| Others | no separate quota | 39,14,59,260 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 1,17,62,829 | 59,55,92,640 | 51× |
| Non Institutional Investors | 78,41,885 | 45,23,25,030 | 58× |
| Corporates | no separate quota | 71,46,420 | n/a |
| Individuals | no separate quota | 42,33,52,740 | n/a |
| Others | no separate quota | 2,18,25,870 | n/a |
| Non Institutional Investors | 39,20,944 | 14,32,67,610 | 37× |
| Corporates | no separate quota | 2,97,870 | n/a |
| Individuals | no separate quota | 13,85,37,570 | n/a |
| Others | no separate quota | 44,32,170 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 2,74,46,600 | 18,31,31,610 | 6.67× |
| Cut Off | no separate quota | 15,60,11,460 | n/a |
| Price bids | no separate quota | 2,71,20,150 | n/a |
| Employees | 2,00,000 | 18,88,680 | 9.44× |
| Cut Off | no separate quota | 15,51,120 | n/a |
| Price Bids | no separate quota | 3,37,560 | n/a |
| Total | 5,50,93,201 | 3,98,55,10,020 | 72× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 27 Jul, 07:14 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 4% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.9 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.