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

Partially corroborated51

Indo-MIM's Rs 3,811.21-crore initial public offering (IPO) attracted robust investor demand on the third and final day of bidding on Monday, with the issue closing for public bidding after being subscribed more than 72 times its offer size. The strong momentum has been led by Qualified Institutio...

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