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Business
Indo-MIM IPO GMP Set at ₹485, Listing Price Expected at ₹675
✍️ Asianet News Hindi
🗓 27 Jul 2026, 02:07 PM
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Indo-MIM has priced its IPO today with a guaranteed maximum price of ₹485 per share, while the listing price on the stock exchange is projected to be ₹675.
Indo-MIM priced its initial public offering today, setting a guaranteed maximum price (GMP) of ₹485 per share. The company’s underwriters have indicated that the listing price on the stock exchange is expected to be ₹675.
The GMP represents the highest price at which the company will sell its shares during the IPO, providing investors with a clear ceiling. The projected listing price, on the other hand, is the price at which the shares will be quoted once they begin trading.
By pricing the IPO today, Indo-MIM aims to raise capital to support its growth plans. The shares are slated to begin trading on the national stock exchange shortly after the pricing announcement.
The GMP represents the highest price at which the company will sell its shares during the IPO, providing investors with a clear ceiling. The projected listing price, on the other hand, is the price at which the shares will be quoted once they begin trading.
By pricing the IPO today, Indo-MIM aims to raise capital to support its growth plans. The shares are slated to begin trading on the national stock exchange shortly after the pricing announcement.