Indo-MIMs Rs 3,811.21 crore IPO received strong investor response on the final day of bidding. The shares are also trading at a grey market premium of around Rs 190, indicating a potential 39% listing gain over the upper price band, boosting investor interest ahead of the IPO closure.

Indo-MIM IPO sees 3.07x subscription on Day 2, with NII category surpassing 8 times amid strong investor interest.

Indo-MIM's IPO offers strong growth potential, but high valuations suggest investors should wait for a better entry point.

The latest Grey Market Premium (GMP) stands at Rs 190, implying a premium of nearly 39% over the IPO's upper price band of Rs 485 per share. If current grey market trends hold,…