Indo-MIM IPO vs Xtranet Technologies IPO vs Lohia Corp IPO: What GMP signals about the listing gain? | Stock Market News

The three mainboard IPOs—Xtranet Technologies, Indo-MIM, and Lohia Corp—closed for subscription earlier this week after receiving a healthy response across investor categories.

With the subscription process now complete, investors have shifted their focus to the stocks' potential listing gains, which are often gauged through the grey market premium (GMP).

Although the GMP provides an indication of the likely listing price, it does not reflect the actual listing price, as it fluctuates daily based on market sentiment. Moreover, the grey market is an unofficial market, and the GMP should be viewed only as an early indicator rather than the sole basis for investment decisions.

Among the three IPOs, precision engineering components maker Indo-MIM is commanding the highest GMP at ₹180 per share, indicating a potential listing premium of 37% over its upper issue price of ₹485 per share.

Meanwhile, Xtranet Technologies is trading at a GMP of ₹13.5 per share, suggesting a potential listing premium of 10.6% over its issue price of ₹127 per share.

Lohia Corp is indicating a relatively muted debut, with its GMP standing at ₹19 per share, implying a potential listing premium of 4.47% over the upper issue price of ₹425 per share.

All three mainboard IPOs are scheduled to list on tomorrow, 30 July.

The strong grey market premium (GMP) for Indo-MIM reflects the robust investor response the IPO received during its subscription period from July 23 to July 27.

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.

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