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Indo-MIM IPO: GMP Signals 34% Listing Premium; Rs 3,810-Crore Issue Enters Second Day

in5points
Indo-MIM IPO has entered its second day of bidding after being fully subscribed on Day 1.
Current grey market premium (GMP) indicates a potential 34% listing premium.
The IPO aims to raise Rs 3,810 crore with a price band yet to be fully specified in the provided text.
Investors are tracking subscription status, price band, allotment, and listing dates.
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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