Indo-MIM IPO Subscription Status Day 1 – Live Updates & Key Details

Indo-MIM IPO opened for subscription on July 23 and was fully subscribed 1.05 times on Day 1, driven by strong demand from non-institutional investors. The ₹3,811.21 crore IPO comprises a fresh issue and an offer for sale, with a price band of ₹461–485 per share. While the company has reported strong financial growth and healthy investor interest, QIB participation is expected to pick up closer to the issue's closing date on July 27.

Indo-MIM opened its IPO on July 23, 2026. The Bangalore-based company is a global player in Metal Injection Moulding technology, making precision components for automotive, defence, medical, consumer, and aerospace industries. It's been around since 1996 and covers everything in-house, from mould design to tooling, finishing, and final assembly.

This is a big one. The issue size is ₹3,811.21 crore, split between a fresh issue of ₹499.10 crore and an offer for sale of ₹3,311.21 crore. So some money goes into the company's books, and the rest goes to selling shareholders cashing out part of their stake.

Price band is ₹461 to ₹485 per share. Lot size is 30 shares, meaning retail investors need ₹14,550 to apply at the upper band. The issue closes July 27, with listing expected July 30 on both BSE and NSE.

INDO-MIM IPO - Day 1 Subscription Status

Live Subscription Data (Update in Real Time): Category-wise Breakdown on Day 1

Day 1 has shown solid traction, way stronger than what you'd typically see on an opening day for an issue this size.

What Day 1 Numbers Indicate

The overall book is already past full subscription at 1.05x, which is unusual for day one of a ₹3,800 crore issue. The NII segment is doing the heavy lifting here, at nearly 3x, driven largely by big-ticket HNI money betting on listing gains. Retail is close behind at 0.84x, not fully booked yet but moving at a healthy pace.

QIB at 0.01x looks thin, but that's completely normal. Institutional investors, mutual funds, and FIIs almost always wait until the last day to place their bids, once they've watched how the rest of the book fills up.

Day-wise IPO Subscription Trend

Given the strong NII push already on day one, expect the final tally to climb sharply once QIB bids start flowing in on the closing day.

INDO-MIM IPO - Allotment and listing date

Should You Apply for INDO-MIM IPO?

Some points worth weighing before applying:

• The company is financially strong. FY26 total income came in at ₹4,320.70 crore, up 28.1% year-on-year, and profit after tax rose 25.9% to ₹533.54 crore.
• It's a mix of fresh issue and OFS, so part of the money raised actually goes to fund the business, unlike a pure OFS IPO.
• Grey market premium stands around ₹185, pointing to a potential listing gain of roughly 38% over the upper band. GMP is unofficial and shifts fast, so don't lean on it entirely for your decision.
• The retail quota is 35% of the net offer, wider than many mainboard issues, which improves your allotment odds compared to IPOs with a smaller retail slice.
• Strong Day 1 demand, especially from NII, is usually a good early signal, but the real test comes once QIB bids land on the final day.

This is informational content, not investment advice. Look at your own risk profile before deciding.

How to Apply for Lohia Corp IPO

You can apply through any of these routes:

1. ASBA via net banking – log into your bank's net banking, go to the IPO section, select the IPO, enter quantity and bid price, then authorise.
2. UPI via broker app – open your broker app (Ventura, Zerodha, Kotak Neo, etc.), find the IPO under current issues, enter your UPI ID and bid details, then approve the mandate on your UPI app.
3. Physical ASBA form – submit through your bank branch if you prefer the offline route.

Bid in multiples of the 30-share lot. Applying at the cut-off price improves your allotment chances since it matches the final discovered price.

INDO-MIM IPO Important Dates

How to Check INDO-MIM IPO Subscription Status

How to check INDO-MIM IPO Subscription Status on NSE website

1. Go to the NSE India website and open the "Live IPO Bidding" section.
2. Select Indo-MIM Limited from the dropdown.
3. You'll see category-wise bid numbers updated through the trading day.

How to check INDO-MIM IPO Subscription Status on BSE website

1. Visit the BSE India IPO page.
2. Search for Indo-MIM Limited under active issues.
3. Click through to view live bid quantity against shares reserved, broken down by category.

How to check Indo MIM IPO Subscription Status on Ventura?

Log into your Ventura account, go to the IPO section, and select Indo-MIM from the list of live issues. You'll see live subscription numbers along with your own application status if you've already applied.

Read: About Indo-MIM IPO

IPO Subscription History

Previous Day Subscription

Since this is Day 1, there's no prior day data yet. This section will carry Day 1 figures as the base once Day 2 numbers are out.

Final Subscription Figures

Final numbers will only be available once the issue closes on July 27, 2026. Check back after bidding wraps up for the complete category-wise final tally.

Conclusion

Day 1 for Indo-MIM has already crossed full subscription at 1.05x, led by a strong NII push near 3x and steady retail interest at 0.84x. QIB numbers remain low for now, which is expected this early in the bidding window. With solid FY26 financials, a healthy GMP, and a wider retail quota than most large IPOs, this issue is drawing decent attention right out of the gate. Watch how QIB bids shape up as the window closes on July 27 before making your final call.