Indo-MIM IPO closes with over 72x subscription on Day 3, QIB portion booked 204x ; GMP at 39%

Indo-MIM’s 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.