Indo-MIM IPO Day 3: GMP signals 39% listing gain, issue subscribed over 3x. What are brokerages saying?

Indo-MIM's Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by the close of day two. Retail investors showed 1.89 times subscription, while NIIs emerged strongest at 8.44 times. The company plans to use Rs 400 crore for debt repayment and general corporate purposes. Shares are expected to list on July 30, 2026, on BSE and NSE.

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