Mumbai, July 30 -- The stock debuted at Rs 700, marking a premium of 44.33% to the issue price.

So far, the stock has hit a high of Rs 725 and a low of Rs 700. On the BSE, over 20.96 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Indo-MIM received bids for 3,98,55,10,020 shares as against 5,50,93,201 shares on offer. The issue was subscribed 72.34 times.

The issue opened for bidding on Thursday (23 July 2026) and it closed on Monday (27 July 2026). The price band of the IPO was fixed between Rs 461 to Rs 485 per share.

The offer comprised a fresh issue of equity shares aggregating upto Rs 500 crore and the offer for sale of up to 6,82,91,022 equity shares by the promoter selling shareho...