Indo-MIM IPO Allotment Likely Today: How To Check Status as GMP Signals Strong Listing
- 28th July 2026
- 12:00 PM
- 4 min read
Summary
Indo-MIM is expected to finalise IPO allotment on July 28, 2026, after its ₹3,811 crore issue closed with 72.37x overall subscription. Investors can check allotment status through the registrar, BSE or NSE. The issue is set to list on July 30, with grey market premium signalling a strong debut.Mumbai | July 28, 2026
Precision engineering components maker Indo-MIM Ltd is expected to finalise the basis of allotment for its ₹3,811 crore initial public offering today, July 28, following overwhelming investor interest during the three-day bidding window. Applicants are likely to receive allotment updates today, while successful bidders may also receive bank debit notifications.
Strong Subscription Across Investor Categories
The IPO closed with an overall subscription of 72.37x, attracting bids for 3,98,58,76,230 shares against 5,50,74,644 shares on offer.
- Qualified institutional buyers (QIB): 204.47x on the final day
- Non institutional investors (NII): 50.65x
- Retail investors: 6.69x
IPO Timeline
The issue was open for subscription from July 23 to July 27. Following allotment on July 28, refunds and credit of shares to successful applicants are expected on July 29. The company’s shares are scheduled to debut on the BSE and NSE on July 30.
Grey Market Premium Today
Indo-MIM shares were commanding a grey market premium of around ₹190 per share on Tuesday. Based on the upper end of the price band at ₹485, this implies an estimated listing price of about ₹675, a potential listing gain of 39.18%.
How To Check Indo-MIM IPO Allotment Status
Via registrar:
- Visit registrar MUFG Intime India’s portal at https://linkintime.co.in/initial_offer/. 2
- Under ‘Select IPO’, select ‘Indo-MIM Ltd’ from the drop box. 3.
- Enter your application number, demat account, or PAN. 4.
- lick on the ‘Submit’ button. 5.
- Your share application status will appear on screen.
Via BSE or NSE:
- Go to the BSE website at https://www.bseindia.com/investors/appli_check.aspx or the NSE allotment page at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids. 2.
- Select ‘Equity’ on BSE, or ‘Equity & SME IPO bid details’ on NSE. 3.
- Under ‘Issue Name’, select ‘Indo-MIM Limited’ from the drop box. 4.
- Enter your application number or PAN. 5.
- Click ‘I am not a robot’ to verify, then hit ‘Search’. Your status will appear on screen.
Indo-MIM IPO: Key Details
The IPO comprises a fresh issue of 1.03 crore shares worth ₹499.10 crore and an offer for sale of 6.83 crore shares worth ₹3,311.21 crore. The price band is set at ₹461 to ₹485 per share, with a lot size of 30 shares. The minimum investment for retail investors at the upper band is ₹14,550. The issue also reserves up to 2 lakh shares for eligible employees at a ₹45 per share discount.
The company plans to use ₹400 crore from the fresh issue for repayment or prepayment of outstanding borrowings, with the remainder for general corporate purposes. HDFC Bank Ltd is the book running lead manager and MUFG Intime India Pvt Ltd is the registrar. Indo-MIM mobilised ₹1,140.99 crore from anchor investors on July 22, 2026.
About Indo-MIM
Established in 1996, Indo-MIM manufactures precision engineering components using metal injection molding technology, and has expanded into investment casting, precision machining, ceramic injection molding and 3D metal printing. The company serves the automotive, aerospace, defence, medical and consumer products industries. It produced more than 6,400 products in FY25, and reported 28% year on year revenue growth and a 26% increase in profit after tax for FY26.
Outlook
Refunds and credit of shares to successful applicants are expected on July 29, ahead of listing on the BSE and NSE on July 30.
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