Indo-MIM IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time revealed

The basis of allotment of precision engineering components manufacturer Indo-MIM is likely to be finalised on Tuesday, July 28. The bid finalisation details will be out on the websites of the National Stock Exchange (NSE), the BSE and MUFG Intime India.

The initial share sale was subscribed 72.34 times, with bids for 3,98,55,10,020 shares compared to 5,50,93,201 shares on offer, according to the NSE data.

The category for qualified institutional buyers (QIBs) received a massive 204.34 times subscription. The quota for non-institutional investors fetched 50.63 times subscription, while that of retail individual investors got 6.67 times subscription.

The Bengaluru-headquartered company's IPO was a mix of a fresh issue of shares valued at ₹500 crore and an offer-for-sale (OFS) of ₹3,311.21 crore by existing investors.

The company plans to use ₹400 crore from the fresh issue proceeds towards debt clearance, while the remaining amount will be utilised for corporate general purposes.

Incorporated in 1996, Indo MIM Ltd is a global leader in manufacturing precision engineering components using metal injection molding (MIM) technology. It provides end-to-end manufacturing solutions, including mold design, tooling, finishing and assembly.

Indo-MIM IPO allotment date and time

The Indo-MIM IPO allotment status is likely to be finalised on Tuesday, July 28, by evening.

How to check Indo-MIM IPO allotment status online on NSE

• Go to NSE's IPO allotment status website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select 'Equity & SME IPO bid details'
• Pick 'Indo-MIM' under the symbol 'INDOMIM'
• Fill in your application number and PAN details
• Hit the 'Submit' button

Steps to check Indo-MIM IPO allotment status online on BSE

• Visit BSE's IPO allotment status page: https://bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• From the ‘Issue Name’ dropdown, select 'Indo-MIM Ltd'
• Identify yourself using either IPO application number or PAN details
• Press the 'Search' button

Indo-MIM IPO allotment status on MUFG Intime India; full steps

• Head to the allotment status website of MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select 'Indo-MIM Ltd' from the IPO names
• Type in any of the following details: Application No, PAN, DP/Client ID, or Account No/IFSC
• Click on the 'Submit' button

Indo-MIM IPO listing date and time

Shares of Indo-MIM Ltd will be listed on the NSE and the BSE on Thursday, July 30, at 10 am.