About the Indo-MIM IPO
Indo-MIM is a Mainboard issue listing on Equity with an issue size of 3811.21. The price band is ₹461-485 per share and one lot is 30 shares. Bidding runs from 23 Jul 2026 to 27 Jul 2026. The minimum application is one lot, which costs ₹14,550 at the upper band.
What the GMP implies
At the last recorded GMP of ₹184, the grey market is pricing Indo-MIM at about ₹669 on listing, against the upper price band of ₹485, or roughly ₹5,520 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Indo-MIM IPO key dates
| Bidding opens | 23 Jul 2026 |
| Bidding closes | 27 Jul 2026 |
| Allotment | 28 Jul 2026 |
| Refunds start | 29 Jul 2026 (expected) |
| Shares credited to demat | 29 Jul 2026 (expected) |
| Listing | 30 Jul 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 30 | ₹14,550 |
| Retail (max) | 13 | 390 | ₹1,89,150 |
| Small HNI (min) | 14 | 420 | ₹2,03,700 |
| Small HNI (max) | 68 | 2,040 | ₹9,89,400 |
| Big HNI (min) | 69 | 2,070 | ₹10,03,950 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Indo-MIM, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 28 Jul 2026 using the button above.