Indo-MIM IPO Subscription Status
Final figures at close of bidding: 3 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 204.47x |
| NII | 50.65x |
| sNII (₹2L–₹10L) | 36.55x |
| bNII (above ₹10L) | 57.69x |
| Retail (RII) | 6.69x |
| Employee | 9.44x |
| Total | 72.37x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Employee | Total |
|---|---|---|---|---|---|---|
| Day 1 | 0.18x | 3.61x | 2.75x | 0.88x | 1.51x | 1.14x |
| Day 2 | 1.11x | 8.81x | 8.27x | 1.9x | 3.03x | 3.08x |
| Day 3 | 1.11x | 8.81x | 8.27x | 1.9x | 3.03x | 3.08x |
| Day 4 | 1.11x | 8.81x | 8.27x | 1.9x | 3.03x | 3.08x |
| Day 5 | 204.47x | 36.55x | 57.69x | 6.69x | 9.44x | 72.37x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Indo-MIM IPO ran across 5 recorded days: overall subscription stood at 1.14× at the close of day 1, read 3.08× at the end of day 2, read 3.08× at the end of day 3, read 3.08× at the end of day 4, and finished at 72.37× on day 5. On the final day it was qualified institutional buyers (QIB) driving the book, at 204.47× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 3.08× to 72.37×.
Category detail
Institutional demand closed at 204.47× of the QIB quota. Non-institutional investors came in at 50.65×, split 36.55× in the small-NII bucket (bids under ₹10 lakh) and 57.69× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 6.69× the shares reserved for them. Reserved portions ended with the employee quota at 9.44×. That puts qualified institutional buyers (QIB) at the top of the book at 204.47× and retail investors at the bottom at 6.69×.
What the multiple means for allotment
A retail multiple of 6.69× means bids in the category outnumbered the shares set aside for it roughly 6.69 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 30 shares — ₹14,550 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Indo-MIM IPO open and close?
- The Indo-MIM IPO opens on 23 Jul 2026 and closes on 27 Jul 2026.
- How many times was the Indo-MIM IPO subscribed?
- The Indo-MIM IPO was subscribed 72.37 times in total across all investor categories.
- What is the reservation split in the Indo-MIM IPO?
- Of the total shares offered, retail investors get 34.91%, QIBs 19.95% (plus 29.92% anchor), non-institutional investors 14.96%.