New Delhi, July 30 -- INDO-MIM share price made a blockbuster debut on the bourses today. INDO-MIM share price today opened at Rs.700, which is 44.32% higher than the issue price of Rs.485. INDO-MIM's share price today opened at Rs.703, up 44.94% from the issue price on the BSE. Following a strong debut, shares of precision engineering components maker were trading nearly 3% higher on the bourses.

Indo-MIM Ltd debuted on the stock exchanges with a market capitalisation of Rs.35,132.87 crore.

The Indo-MIM IPO received a strong response from investors, with the public issue being subscribed 72.34 times by the close of bidding on Monday. The IPO was offered at a price band of Rs.461-485 per share.

The Indo-MIM IPO witnessed overwhelming d...