INDO-MIM Limited’s IPO to Open on July 23

Ahmedabad: INDO-MIM Limited proposes to open an initial public offering of its equity shares of face value of ₹1 each on Thursday, July 23, 2026. The anchor investor bidding date is one working day prior to the bid/offer opening date, being Wednesday, July 22, 2026. The bid/offer closing date is Monday, July 27, 2026, the company said.

As per the company the Price Band of the Offer has been fixed from ₹ 461 per Equity Share of face value ₹1 each to ₹ 485 per Equity Share of face value ₹1 each. Bids can be made for a minimum of 30 Equity Shares of face value ₹1 each and multiples of 30 Equity Shares of face value ₹1 each thereafter. The Offer comprises of a Fresh Issue of Equity Shares aggregating up to ₹5,000.00 million and an Offer for Sale of up to 68,291,022 Equity Shares by the Selling Shareholders.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).

HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.