INDOMIM — Indo-MIM sets price band of Rs 461-485 for IPO, seeks to raise up to Rs 500 crore

Precision engineering firm Indo-MIM Limited has announced a price band of Rs 461 to Rs 485 per share for its upcoming initial public offering. The company aims to raise up to Rs 5,000 million (Rs 500 crore) through a fresh issue of shares. The IPO also includes an offer for sale of up to 68.29 million shares by existing shareholders.