New Delhi, July 23 -- The initial public offering (IPO) of Indo-MIM Ltd has hit the Indian Primary Market today, and will remain open until 27 July 2026. The company management has offered Indo-MIM shares at a price band of Rs.461 to Rs.485 per equity share. The company aims to raise Rs.3,811 crore, which means the Indo-MIM IPO size is Rs.3,811 crore. The book-build issue comprises both fresh shares and an Offer for Sale (OFS). The public issue is proposed for listing on the BSE and NSE exchanges. Meanwhile, the company's shares are available in the grey market ahead of the Indo-MIM IPO opening date.

According to market observers, the company's shares are available at a premium of Rs.185 in the grey market today. So, the Indo-MIM IPO GMP...