The Initial Public Offering (IPO) of Indo-MIM Ltd. was subscribed 3.08 times by the end of Day 2 on Jul 24, 2026, as per NSE and BSE data.
The company has received bids for 16.95 crore shares against 5.51 crore shares on offer.
Indo-MIM IPO - Category-wise subscription
- Qualified Institutional Buyers (QIB): 1.11x (Bids for 1.74 crore shares against 1.57 crore shares reserved)
- Non-Institutional Investors (NII): 8.45x (Bids for 9.93 crore shares against 1.18 crore shares reserved)
- Retail Individual Investors (RII): 1.90x (Bids for 5.22 crore shares against 2.74 crore shares reserved)
- Employee Category: 3.03x (Bids for 0.06 crore shares against 0.02 crore shares reserved)
In the NII category, big NIIs who placed IPO bids above Rs 10 lakh were subscribed 8.27x, while small NIIs placing bids up to Rs 10 lakh received 8.81x subscription.
About Indo-MIM IPO
The IPO of ₹3,811.21 crores consists of a fresh issue of shares worth Rs ₹499.10 crores and an offer for sale (OFS) of ₹3,311.21 crores. The issue opened for subscription on Jul 23, 2026 and will close on Jul 27, 2026.
Investors are closely watching further traction in demand across all investor categories ahead of the final day.
