Investors are closely tracking the allotment of the Indo-MIM IPO, which is expected to be finalised today following an overwhelming response during the subscription period.
Investors are closely tracking the allotment of the Indo-MIM IPO, which is expected to be finalised today following an overwhelming response during the subscription period.
The allotment process for Lohia Corp’s Rs. 1,101 crore IPO is expected to be completed today.
India’s SME IPO market witnessed fresh activity as Advance Technoforge and Propshop Events & Exhibitions opened their public issues for subscription.
Lohia Corp’s Rs. 1,101 crore IPO continued to attract healthy investor participation during the subscription period, with demand coming from retail investors, non-institutional investors and qualified institutional buyers.
Indo-MIM’s Rs. 3,811 crore IPO has received encouraging demand from institutional investors, reflecting confidence in the company’s specialised manufacturing capabilities.
India’s SME IPO segment continues to witness strong activity, with several companies from manufacturing, engineering, technology and healthcare sectors entering the capital market to raise growth capital.
Merchant bankers remain optimistic that India’s IPO market will maintain strong momentum during the second half of FY27.
Retail participation in India’s IPO market continues to grow steadily, supported by increasing financial awareness, digital investment platforms and higher Demat account penetration.
India’s primary market is expected to remain active over the coming weeks as several companies prepare to launch mainboard public issues after receiving regulatory approvals.
Lohia Corp’s Rs. 1,101 crore initial public offering continued to witness encouraging investor participation on the second day of bidding.
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