The Big Allotment Finalization Wave Today
Primary market participants face a high-stakes session Today, Tuesday, July 28, 2026, as three prominent mainboard initial public offerings—Xtranet Technologies Limited, Indo-MIM Limited, and Lohia Corp Limited—simultaneously finalize their official basis of share allotment.
All three public issues concluded their book-building bidding windows on Monday, July 27. With multi-fold subscription figures recorded across institutional and retail categories, designated registrars KFin Technologies and MUFG Intime India (Link Intime) are verifying applications alongside the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) clearing desks to upload allocation results.
Quick Highlights: Today’s Allotment Snapshot
- Scheduled Allotment Date: Today, Tuesday, July 28, 2026.
- Most Demanded Issue: Indo-MIM led the pack with a massive 72.34x overall subscription.
- SME / Mainboard Tech: Xtranet Technologies achieved a robust 12.24x coverage.
- Capital Goods Major: Lohia Corp cleared full allocation with a solid 7.26x multiplier.
- Refunds & Demat Credit: Unblocking of UPI ASBA funds and share credits to Demat accounts will proceed on Wednesday, July 29, 2026.
- Official Listing Schedule: All three issues are slated to debut for live trading on Thursday, July 30, 2026.
Triple IPO Allotment & Subscription Matrix (July 28, 2026)
| IPO Name | Designated Registrar | Total Subscription | Estimated GMP | Expected Listing Premium |
| Indo-MIM Limited | MUFG Intime India | 72.34x | +₹85 to +₹95 | +25.0% to 28.0% |
| Xtranet Technologies | KFin Technologies | 12.24x | +₹7 to +₹10 | +5.5% to 7.8% |
| Lohia Corp Limited | MUFG Intime India | 7.26x | +₹12 | +2.8% |
Deep-Dive Breakdown of the Three Issues
1. Indo-MIM Limited IPO (The High-Demand Heavyweight)
- Total Subscription: Bids crossed 72.34 times the net offered portion, led by an extraordinary 204.34x surge from Qualified Institutional Buyers (QIBs).
- Grey Market Premium (GMP): Unofficial market activity shows strong buyer demand at +₹85 to +₹95 per share, signaling significant listing gains on Thursday.
- Allotment Outlook: Due to severe oversubscription in the retail (6.67x) and HNI (50.63x) categories, allotment will be determined via a computerized lottery process.
2. Xtranet Technologies Limited IPO
- Total Subscription: Closed with an overall booking multiplier of 12.24 times.
- Grey Market Premium (GMP): Tracking steadily around +₹7 to +₹10 per share over the upper price band of ₹127.
- Primary Driver: 100% fresh issue proceeds targeted toward expanding enterprise IT working capital reserves and debt repayment.
3. Lohia Corp Limited IPO
- Total Subscription: Fully covered at 7.26 times.
- Grey Market Premium (GMP): Hovering at a calm +₹12 per share (~2.8% premium over the ₹425 issue price).
- Primary Driver: Niche global market leadership in technical textile and polypropylene raffia machinery.
How to Check Your Allotment Status Online
Applicants can verify their allocation status across official registrar and stock exchange portals using their PAN Number, Application Number, or DP/Client ID:
Via Registrar Portals
- For Xtranet Technologies: Visit the KFin Technologies IPO Portal click here
- For Indo-MIM & Lohia Corp: Visit the MUFG Intime India Portal click here
Frequently Asked Questions (FAQ)
1. Is the allotment status for Xtranet, Indo-MIM, and Lohia Corp live Today?
Yes. All three companies have their basis of allotment scheduled for finalization Today, Tuesday, July 28, 2026. Status checks will become active as file processing completes throughout the day.
2. When will unallotted applicants receive their ASBA/UPI refunds?
Unsuccessful applicants will see their blocked ASBA funds released or UPI mandates revoked starting Wednesday, July 29, 2026.
3. When will allotted shares reflect in Demat accounts?
Successful applicants will receive their share credits directly in their CDSL/NSDL Demat accounts on Wednesday, July 29, 2026.
4. What is the official listing date for all three IPOs?
All three stocks are scheduled to commence live trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Thursday, July 30, 2026.
Conclusion
Today, the simultaneous allotment processing for Indo-MIM, Xtranet, and Lohia Corp highlights Why institutional participation drives primary market outcomes in 2026. The Latest 72x subscription surge in Indo-MIM and Live allocation workflows demonstrate strong investor appetite for high-quality engineering and tech assets. As successful bidders await Demat share credits tomorrow, all eyes turn toward their joint stock exchange debuts this coming Thursday.
Disclaimer: The views expressed are for informational purposes only and do not constitute financial advice. Investing in stocks and IPOs involves significant risk. forgeup.in is not liable for any financial losses. Always consult a certified investment advisor before making any decisions.