Indo-MIM Listing Date: The initial public offering (IPO) of Indo-MIM is expected to be listed on the NSE and BSE on July 30, bringing the company one step closer to entering the secondary market.
Indo-MIM IPO Allotment Status
The listing comes after the IPO allotment was finalised in the previous session. Investors can check their allotment status on the NSE, BSE, or the official website of the registrar, MUFG Intime India Pvt. Ltd.
How to Check Indo-MIM IPO Allotment Status on NSE
Step 1: Visit the NSE IPO bid verification link.
Step 2: Select Equity & SME IPO Bid Details.
Step 3: Choose Indo-MIM from the available options.
Step 4: Enter your PAN details and application number, then click Submit to view the allotment status.
How to Check Indo-MIM IPO Allotment Status on BSE
Step 1: Visit the BSE IPO allotment link.
Step 2: Select Equity under the issue type.
Step 3: Choose Indo-MIM from the dropdown menu.
Step 4: Enter your application number or PAN details.
Step 5: Complete the captcha and click Search to view the allotment status.
How to Check Indo-MIM IPO Allotment Status on MUFG Intime India Pvt. Ltd.
Step 1: Visit the official website of MUFG Intime India Pvt. Ltd.
Step 2: Select Indo-MIM IPO from the dropdown menu.
Step 3: Choose the PAN, Application Number, or DP ID option.
Step 4: Enter the required details.
Step 5: Click Submit to check the IPO allotment status.
Indo-MIM IPO GMP
Ahead of the listing, the IPO’s grey market premium (GMP) stands at Rs 183, down from Rs 190 in the previous session. The current GMP indicates an estimated listing premium of 38 per cent, implying a likely listing price of Rs 668 per share and a potential gain of Rs 5,490 per lot (30 shares).
Indo-MIM IPO Subscription Status
During its three-day subscription window, the Indo-MIM IPO received bids for 3,98,55,10,020 shares against 5,50,93,201 shares on offer, resulting in an overall subscription of 72.34 times. The issue saw strong demand across investor categories:
- Qualified Institutional Buyers (QIBs): 204.34 times
- Non-Institutional Investors (NIIs): 50.63 times
- Retail Individual Investors (RIIs): 6.67 times
- Employees: 9.44 times
Indo-MIM IPO Details
Indo-MIM Ltd. has raised about Rs 1,141 crore from anchor investors. The public issue, priced in the range of Rs 461-485 per share, closed on July 27.
The Bengaluru-headquartered company’s IPO comprises a fresh issue of equity shares worth up to Rs 500 crore and an Offer for Sale (OFS) of around 6.83 crore equity shares by existing shareholders. At the upper end of the price band, Indo-MIM is valued at nearly Rs 24,000 crore.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
