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The Latest Breaking News from INDOMIM

BSE, RIL, Paytm among stocks bought and sold by HDFC Mutual Fund in July

July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual…

The Economic Times · Aug 18

INDO-MIM shares hit 10% upper circuit as Q1 net profit rises 32% YoY

Indo-MIM shares surged after the newly listed precision components maker reported a 31.6% year-on-year rise in Q1FY27 consolidated net profit to Rs 240.12 crore. The stock also touched a fresh 52-week high during early trade.

The Economic Times · Aug 18

HDFC Defence Fund adds Cochin Shipyard & INDO-MIM, increases stake in HAL, Mazagon Dock, 5 others

In July, the HDFC Defence Fund made significant moves by adding Cochin Shipyard and INDO-MIM to its portfolio. The fund also augmented its investments in Hindustan Aeronautics and Mazagon Dock Shipbuilders, while expanding its holdings in five additional defence sector stocks. However, it opted to reduce its stakes in three…

The Economic Times · Aug 18

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INDO-MIM, Ather Energy and TCS among stocks bought and sold by mutual funds in July

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund…

The Economic Times · Aug 13

Indo MIM shares surge 10%, extend gains to 82% over issue price. Should investors book profits?

Indo-MIM's shares skyrocketed by 82%, surpassing their original IPO price, with robust interest from investors and a firm market position. The company reported impressive financial growth in FY26, with both revenue and profitability on the rise. As a premier global manufacturer, Indo-MIM specializes in precision engineering components through MIM technology,…

The Economic Times · Aug 6

Indo-MIM shares extend rally, surge 60% above IPO price in two trading sessions

Indo-MIM shares extended their post-listing rally on Friday, rising nearly 5% to Rs 776.90 and climbing over 60% above the Rs 485 IPO price in two sessions. Analysts at Swastika Investmart recommend partial profit booking while advising long-term holders to maintain a stop-loss in the Rs 595-600 range.

The Economic Times · Jul 31

Indo-MIM shares list at 45% premium. Should investors book profits or stay invested?

Indo-MIM shares debuted at nearly a 45% premium over the IPO price, delivering strong listing gains to investors. While experts remain positive about the company's long-term growth prospects, they recommend partial profit-booking after the sharp rally, citing rich valuations and the possibility of near-term consolidation.

The Economic Times · Jul 30

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Indo-MIM shares list at 45% premium over IPO price

Indo MIM Share Price: Indo-MIM shares debuted with a substantial premium on Thursday. The company's initial public offering was priced at Rs 485 per share. Investor participation was exceptionally high, with QIBs showing strong interest. Funds raised will support debt repayment and general corporate needs. Indo-MIM is a leading manufacturer…

The Economic Times · Jul 30

Indo-MIM IPO allotment likely today; GMP signals 39% listing gain. Here’s how to check status

The basis of allotment for the Indo-MIM IPO is expected to be finalized today, with the stock set to list on July 30. Following a strong subscription of 72.34 times, the grey market premium stands at 39%, reflecting significant investor interest ahead of the company's stock market debut.

The Economic Times · Jul 28

Indo-MIM IPO closes with over 72x subscription on Day 3, QIB portion booked 204x; GMP at 39%

Indo-MIM’s Rs 3,811.21 crore IPO received strong investor response on the final day of bidding. The shares are also trading at a grey market premium of around Rs 190, indicating a potential 39% listing gain over the upper price band, boosting investor interest ahead of the IPO closure.

The Economic Times · Jul 27

Indo-MIM IPO Day 3: GMP signals 39% listing gain, issue subscribed over 3x. What are brokerages saying?

Indo-MIM IPO GMP: Indo-MIM's Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by the close of day two. Retail investors showed 1.89 times subscription, while NIIs emerged strongest at 8.44 times. The company plans to use Rs 400…

The Economic Times · Jul 27

Indo-MIM IPO: Issue booked 1.4x on Day 2; Check GMP, dates, other key details

Indo-MIM's Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.

The Economic Times · Jul 24

BlackRock, Prashant Jain-backed 3P India among others invest in Indo MIM IPO anchor book of Rs 1,141 crore

Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions including BlackRock and domestic investors such as Prashant Jain-backed 3P India. More than half of the anchor allocation went to domestic mutual funds, reflecting strong institutional interest in…

The Economic Times · Jul 23

Indo-MIM IPO: Issue booked 53% so far on Day 1 as NIIs drive demand; GMP at 38%

Based on the current GMP, the company's shares are estimated to list at around Rs 670 per share, compared with the upper issue price of Rs 485. However, investors should note that the grey market is unofficial, and GMP is only an indicator of investor sentiment, not a guarantee of…

The Economic Times · Jul 23

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The Economic Times · Jul 22

Indo-MIM IPO opens tomorrow; GMP signals 37% listing premium. Check price band, dates and key details

Indo-MIM’s Rs 3,811-crore IPO opens on July 23 with a strong grey market premium of about 37%. The precision engineering manufacturer plans to repay debt using fresh issue proceeds, while analysts highlight its global MIM leadership, diversified operations, and robust financial growth supporting long-term prospects.

The Economic Times · Jul 22

How MTech alumnus’ gift turned into Rs 112 crore IPO jackpot for IIT Madras

A share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute through the company's IPO. IIT Madras will sell half its gifted stake via the OFS while retaining the remaining shares, preserving upside after the listing.

StockNews.com · Jan 11, 2024

Outpacing AAPL: 3 Tech Stocks to Buy

Tech giant Apple (AAPL) witnessed record iPhone sales in the September quarter, but its other product segments saw year-over-year sales declines. Given the possibility of a further slowdown in sales due to rising competition, uncertain macroeconomic conditions, and a slowdown in smartphone sales, one could consider buying Quantum (QMCO), Dell…

StockNews.com · Jan 4, 2024

3 2024 Tech Buys to Take Advantage Of

The tech industry’s prospects look bright due to the adoption of emerging technologies, digitization initiatives across organizations, and constant innovations. Therefore, to capitalize on the tech industry’s favorable growth prospects, it could be wise to buy fundamentally strong tech stocks, HP (HPQ), Box (BOX), and LiveRamp (RAMP). Read on.

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StockNews.com · Nov 20, 2023

HP (HPQ) Earnings Breakdown: A Tech Stock to Watch?

HP Inc. (HPQ) teeters on the verge of substantial growth, driven by collaborations in the additive manufacturing sector and augmented dividends. Does this render HPQ an ideal buy before its fourth-quarter earnings release? Let's explore the potential….

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