The initial public offering (IPO) of Indo-MIM Ltd is now open for subscription. The three-day subscription window opened today and will close on July 27, 2026. Ahead of the IPO, the precision engineering components maker mobilised about Rs 1,141 crore from anchor investors. It allotted 2.35 crore equity shares to 92 anchor investors at Rs 485 apiece. The anchor book saw participation from several domestic and global investors, including ICICI Prudential Mutual Fund (MF), HDFC MF, SBI MF, Kotak MF, Aditya Birla Sun Life MF, WhiteOak Capital, 360 ONE, Government Pension Fund Global, Goldman Sachs Funds, BlackRock Global Funds, Mirae Asset, Motilal Oswal MF, and Bandhan MF.
Indo-MIM IPO GMP Todayย
According to Investorgain, Indo-MIM’s unlisted shares are trading at a grey market premium (GMP) of Rs 185. Considering the upper price band of Rs 485, the company’s shares are expected to list at around Rs 670, reflecting a grey market premium of 38.14 per cent.