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Indo-MIM IPO Lists on BSE, NSE at Strong Premium

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Indo-MIM, a leading Indian manufacturer of precision engineering components, has listed its shares on the BSE and NSE at a strong premium. The company's IPO received strong demand from investors, with the shares being listed at a premium…

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Indo-MIM IPO Lists on BSE, NSE at Strong Premium

Indo-MIM, a leading Indian manufacturer of precision engineering components, has listed its shares on the BSE and NSE at a strong premium. The company's IPO received strong demand from investors, with the shares being listed at a premium of 10-15%. The listing is seen as a significant milestone for the company, which has been expanding its operations in recent years. The company's IPO was open for subscription from July 23 to July 27, and the allotment status was finalised on July 28. The company's shares were listed on the BSE and NSE on July 30, and are expected to trade at a premium of 10-15%.

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Indo Mim IPO Sees Strong Interest, Grey Market Premium Rises to ₹196

The Indo Mim IPO has seen strong interest, with the grey market premium rising to ₹196 on the final day of subscription. The estimated listing price is around ₹681 per share, indicating a potential 40.41% listing gain. The IPO has been oversubscribed, with a subscription ratio of 7.47x. The company's shares are expected to list on the stock exchange soon, with investors eagerly awaiting the listing.

India Infoline

Indo-MIM IPO Tops GMP Charts

Indo-MIM's IPO has topped the grey market premium (GMP) charts, with Lohia Corp and Xtranet trailing behind. The company's IPO has seen significant demand, with the GMP reaching ₹1,200 per share.

Business Standard

Indo-MIM IPO Sees 38% Listing Premium

The Indo-MIM IPO has seen a 38% listing premium on the first day of subscription, indicating strong investor interest in the company's shares. The IPO is expected to close on July 28 and the company aims to raise ₹1,500 crore through the issue. The listing premium is a positive sign for the company and its investors, as it indicates that the company's shares are in high demand. The IPO is being managed by Axis Capital, ICICI Securities, and SBI Capital Markets, and investors can bid for the IPO from July 25 to July 28.

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