Policy
Confidence 0.80
Indo-MIM IPO GMP at 39%: Issue subscribed over 11x so far
What happened
The Indo-MIM IPO has a grey market premium (GMP) of 39%, with the issue being subscribed over 11 times on Day 3.
Causal chain
India impact
Sector impacts
Nifty 50 +
High subscription rates indicate strong investor interest.
Short term (1–4 weeks)
Positive sentiment for IPO market.
Long term (3–6 months)
Sustained interest could enhance market liquidity.
Sources
- · Markets-Economic Times