Bengaluru-based Indo-MIM sets the price band for its initial public offering (IPO) at ₹461 to ₹485 per equity share. Multiple outlets report the company’s total IPO size as ₹3,812 crore and say the subscription period runs from July 23 to July 27. The IPO includes a mix of components: a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of up to 6.82 crore equity shares. The shares are priced within the announced band, with the final IPO price expected after the bidding process concludes. The company’s public offering timing and share pricing are the central details reported across sources, with no additional change in structure described beyond the fresh issue and the scale of the OFS. Investors will submit bids during the opening and closing dates to determine the cut-off price within the ₹461–₹485 range.
Indo-MIM sets IPO price band at ₹461–₹485 per share for ₹3,812 crore issue
Bengaluru-based Indo-MIM sets the price band for its initial public offering (IPO) at ₹461 to ₹485 per equity share. Multiple outlets report the company’s total IPO size as ₹3,812 crore and say the su...
- Indo-MIM’s IPO price band is ₹461–₹485 per share.
- The IPO size is reported as ₹3,812 crore.
- The subscription period is July 23 to July 27.
- The IPO includes a ₹500 crore fresh issue of equity shares.
- The offer for sale component is up to 6.82 crore equity shares.
Bangalore-based Indo-MIM has announced the price band of its ₹3,812 crore-Initial Public Offering (IPO) at ₹461-485 per share. The issue will open for subscription on July 23 and close on July 27.
11 hours agoBengaluru-headquartered company’s IPO consists of a fresh issue of equity shares worth ₹500 crore and an offer for sale of up to 6.82 crore equity shares
22 hours ago
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