Indo-MIM IPO allotment likely today as GMP points to 39% listing gain
Key Takeaways
- •The Indo-MIM IPO was subscribed 72.34 times during the offer period.
- •The grey market premium for the IPO is currently 39%.
- •The basis of allotment is expected to be finalized today.
- •The stock is scheduled to list on July 30.
- •Investors can check allotment status through MUFG Intime India, NSE, or BSE websites.
The basis of allotment for the Indo-MIM IPO is expected to be finalized today, with the stock scheduled to list on July 30. After the issue was subscribed 72.34 times, the grey market premium is currently at 39%, indicating strong investor interest ahead of the company’s market debut.
Investors are now awaiting the allotment status of the Indo-MIM IPO after heavy demand during the subscription period. The allotment update is the next key step before shares are credited to successful applicants and trading begins, making the registrar and exchange websites the main places to check once the final basis is published.
How to check Indo-MIM IPO allotment status
1. MUFG Intime India (registrar)
Visit the MUFG Intime India IPO allotment page:
Select Indo-MIM from the drop-down menu.
Enter your PAN, application number, or DP/Client ID.
Click Submit to view your allotment status.
2. NSE
Visit the NSE IPO allotment page:
Select Equity.
Choose Indo-MIM from the list.
Enter your application number and PAN to check the status.
3. BSE
Visit the BSE IPO allotment link:
Tick Equity under issue type.
Choose Indo-MIM from the dropdown menu.
Enter your application number or PAN.
Complete the captcha verification and click Search to view your allotment details.