Indo-MIM IPO Listing, July 30 -- Indo-MIM made a stellar stock market debut on Thursday, July 30, with its shares listing at Rs.700 apiece on the NSE, a 44.33% premium to the IPO issue price of Rs.485 per share. On BSE, it debuted at Rs.703, up 44.95% from the IPO price.

The listing outperformed market expectations reflected in the grey market premium (GMP) ahead of the debut. Before listing, the IPO was commanding a GMP of Rs.184 per share, indicating that the stock was expected to debut at around Rs.669, a premium of around 38% to its issue price.

The Indo-MIM IPO received a strong response from investors, with the issue being subscribed 72.37 times by the close of bidding. The IPO attracted bids for 3,98,58,76,230 equity shares, agai...