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Indo-MIM IPO: Allotment, GMP and July 30 Listing

What investors are tracking right now

Two IPOs are dominating retail discussions - Indo-MIM and Lohia Corp. The common focus is the basis of allotment expected to be finalised on July 28. Both are also tentatively scheduled to list on BSE and NSE on July 30. Social posts are comparing grey market premium (GMP) signals for the two issues. Indo-MIM is being discussed for a high GMP relative to its price band. Lohia Corp is being discussed for a muted GMP in some updates. Many applicants are also sharing step-by-step allotment status links. The most repeated questions are about refunds, unblocking, and demat credit timelines.

Indo-MIM IPO: issue size, structure, and key dates

Indo-MIM’s public issue size is reported at Rs 3,811.21 crore. The IPO is a book-built issue in the Rs 461-485 price band. The offer includes a fresh issue of 1.03 crore equity shares worth Rs 499.10 crore. It also includes an Offer for Sale (OFS) of 6.83 crore shares aggregating Rs 3,311.21 crore. The minimum application size highlighted in posts is 30 shares. That implies a minimum outlay of about Rs 13,830 at the lower band. Bidding was open from July 23 to July 27. The expected listing date being discussed is July 30 on NSE and BSE.

Indo-MIM IPO GMP: what the unofficial market is implying

The most-circulated Indo-MIM GMP figure is around Rs 190 per share. Social updates describe this as nearly 39% over the upper issue price of Rs 485. Using that arithmetic, posts are pointing to an estimated listing price near Rs 675. These numbers are being shared as a market observer indicator, not an official signal. GMP is an unofficial market and can change quickly. It also does not guarantee the actual listing price. Investors are using it mainly to set expectations for listing day volatility. The key takeaway from the chatter is the large gap between issue price and implied listing.

Applicants are repeatedly sharing three official routes to check allotment. First is the registrar portal, MUFG Intime India, at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. On that page, investors select Indo-MIM from the drop-down menu. They then enter PAN, application number, or DP Client ID. Second route is the NSE page at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids. On NSE, applicants select Equity, pick Indo-MIM, and enter application number and PAN. Third route is the BSE page at https://www.bseindia.com/investors/appli_check. On BSE, applicants tick Equity, choose Indo-MIM, enter application number or PAN, and complete captcha.

Lohia Corp IPO: offer details and what OFS means here

Lohia Corp’s IPO size is reported around Rs 1,101.28 crore. Posts also reference the issue as about Rs 1,102.08 crore in some summaries. The price band discussed is Rs 404-425 per share, with the upper band at Rs 425. It is described as a complete offer for sale (OFS). That means proceeds go to selling promoters and existing shareholders, not the company. The total equity shares on sale are described as 2.59 crore. The lot size is 35 shares for retail applications. At Rs 425, the minimum retail investment works out to Rs 14,875. The bidding window discussed is July 23 to July 27, with allotment on July 28 and listing on July 30.

Lohia Corp subscription snapshots being circulated

Some social updates discussed the subscription pace by the end of Day 2. The overall subscription was reported at 59% against 1.43 crore shares on offer. Retail Individual Investors (RIIs) were shown at 1.08 times subscription against 25.73 lakh shares reserved. Non-Institutional Investors (NIIs) were shown at 42% subscription against 38.59 lakh shares allocated. Qualified Institutional Buyers (QIBs) were shown at 51% subscription against 77.19 lakh shares on offer. A separate update mentioned bids for 6,00,180 shares against a total of 1,43,52,274 shares on offer. These snapshots are being shared as point-in-time numbers during the bidding period. Investors are treating them mainly as sentiment indicators. The key pattern repeated in posts is relatively stronger retail interest compared to other categories.

Lohia Corp GMP: why the listing estimates vary

Lohia Corp’s GMP is being reported with wide variation across posts. One frequently shared update pegged GMP at around Rs 13.5 per share, implying about 3% over Rs 425. Another update described the GMP as muted at around 2%, with a Rs 7 premium and an implied Rs 432 listing. A separate post cited market observers quoting a GMP of Rs 36, implying about 8.47% upside from the upper band. These differences are being attributed to changing unofficial quotes and different trackers. Investors are also noting that GMP tends to move as allotment nears. The core message from this discussion is that Lohia’s unofficial premium looks modest compared to Indo-MIM. Applicants are therefore bracing for a flatter listing outcome, based on the lower GMP prints.

Indo-MIM vs Lohia Corp: key IPO numbers in one view

Both issues have the same tentative listing date of July 30, as per the posts. The biggest difference being discussed is issue size and the fresh-issue component. Indo-MIM includes both fresh issue and OFS, while Lohia is described as fully OFS. Another difference is the lot size - 30 shares for Indo-MIM and 35 shares for Lohia. The minimum retail ticket sizes discussed are therefore different across the two. GMP chatter suggests a higher implied premium for Indo-MIM. For Lohia, the implied premium varies and is often described as muted. Below is a summary of the most repeated details shared online.

IPOPrice band (Rs)Issue size (Rs cr)StructureLot sizeMin retail outlay (approx)GMP discussedExpected listing price discussedAllotmentListing
Indo-MIM461-4853,811.21Fresh (499.10 cr) + OFS (3,311.21 cr)3013,830 at lower band~190~675Jul 28Jul 30
Lohia Corp404-425~1,101.28 (also cited ~1,102.08)100% OFS (2.59 cr shares)3514,875 at upper band7 to 36 (varies by update)~432 in one estimateJul 28Jul 30

After allotment: refunds, unblocking, and what to watch on listing day

The immediate next step after allotment is confirmation of share allocation. If shares are not allotted, applicants track refunds or unblocking timelines. For Lohia Corp, posts mention initiation of refunds on July 29 in one timeline view. Some summaries also mention funds unblock or debit on July 30. Investors typically watch for demat credit messages before listing. The listing itself is tentatively scheduled for July 30 on both NSE and BSE. Traders are planning scenarios using the GMP-derived listing estimates shared online. Many applicants are also comparing the two listings because they land on the same day. The practical focus remains on checking status through registrar, NSE, or BSE portals and verifying application details carefully.

Frequently Asked Questions

Posts indicate the basis of allotment is expected on July 28, with a tentative listing on BSE and NSE on July 30.
Applicants can check via MUFG Intime India, NSE’s IPO bid verification page, or BSE’s application status page using PAN and application details.
Social updates cite a GMP of about Rs 190, around 39% over the Rs 485 upper band, implying an estimated listing near Rs 675.
The issue is described as a complete offer for sale (OFS), meaning proceeds go to selling shareholders with no fresh capital raised by the company.
Different posts cite different unofficial quotes, including Rs 7, Rs 13.5, and Rs 36, reflecting varying sources and changing grey market sentiment.

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