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Indo-MIM IPO closes with 72x subscription
in5points
Indo-MIM IPO closed today with a grey market premium of Rs 190.
Indicates a potential 40% listing gain for investors.
The IPO was subscribed 72 times overall.
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Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani