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Market News

Indo-MIM IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on July 27, 2026, 09:07 IST

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SUMMARY

Indo-MIM's ₹3,811.21 crore IPO is a mix of a fresh issue of shares aggregating up to ₹500 crore and an offer-for-sale (OFS) of ₹3,311.21 crore.

Incorporated in 1996, Indo MIM Ltd manufactures precision engineering components. | Image: indo-mim.com

Incorporated in 1996, Indo MIM Ltd manufactures precision engineering components. | Image: indo-mim.com

The initial public offering of precision engineering components manufacturer Indo-MIM Limited will conclude on Monday, July 27. The subscription details will be available post 10 am.

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As of Day 2, the issue was subscribed 3.07 times. It got bids for 16,92,94,290 shares compared to 5,50,93,201 shares on offer, according to the NSE data.

CategoryNo of Times
Qualified Institutional Buyers1.11
Non-Institutional Investors8.44
Retail Investors1.89
Total3.07

The Bengaluru-headquartered company's ₹3,811.21 crore IPO is a mix of a fresh issue of shares aggregating up to ₹500 crore and an offer-for-sale (OFS) of ₹3,311.21 crore by existing shareholders Anuradha Koduri, Green Meadows Investments and the Indian Institute of Technology Madras.

Funds raised to the tune of ₹400 crore will be used for pre-payment or repayment of certain outstanding borrowings and the rest for general corporate purposes.

With a price band of ₹461 to ₹485 per share, a lot consists of 30 shares.

Incorporated in 1996, Indo MIM Ltd manufactures precision engineering components using metal injection molding (MIM) technology and provides end-to-end manufacturing solutions.

Indo-MIM IPO: Allotment and listing date

The Indo-MIM IPO allotment status is expected to be finalised on Tuesday, July 28. Shares of the company will be listed on the NSE and the BSE on July 30.

Upcoming IPOs this week: Manipal Health, Juniper Green, MV Electrosystems, 6 other issues to open; 7 listings scheduled

How to check Indo-MIM IPO allotment status on NSE

Steps to check Indo-MIM IPO allotment status on MUFG Intime India

  • Go to the allotment status page of MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
  • Select 'Indo-MIM Limited' from the drop-down list for issue names
  • Type in any of the following details: DP/Client ID, Application No, PAN, or Account No/IFSC
  • Hit the ‘Submit’ button

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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