Midwest Limited IPO
Midwest Limited was a mainboard IPO in the Granites & Marbles sector, offered at ₹1,014–₹1,065 per share to raise ₹451 crore. The issue was subscribed 87.89× overall (QIBs 139.87×, NIIs 168.07×, retail 24.26×). It listed on 24 Oct 2025 at ₹1,165 and closed its first day at ₹1,140, a listing gain of +7.1% versus the ₹1,065 issue price. It now trades around ₹1,063 (-0.1% versus the issue price).
Frequently asked questions
- How many times was the Midwest Limited IPO subscribed?
- The Midwest Limited IPO was subscribed 87.89× overall — 139.87× in the QIB category, 168.07× among non-institutional investors, 24.26× in retail.
- What were the Midwest Limited IPO listing gains?
- Midwest Limited listed on 24 Oct 2025 at ₹1,165, closing its first day at ₹1,140 — a listing gain of +7.1% versus the ₹1,065 issue price.
- What were the retail allotment odds for the Midwest Limited IPO?
- Retail was subscribed 24.26×, so a single-lot application had roughly a 4.1% chance of allotment (about 1 in 24), and allotment was finalised on 22 Oct 2025.
- What was the price band and lot size of the Midwest Limited IPO?
- The price band was ₹1,014–₹1,065 per share, with a minimum lot of 14 shares (₹14,910 at the upper band).
- Who were the registrar and lead manager for the Midwest Limited IPO?
- KFin Technologies Limited was the registrar, and DAM Capital Advisors was the book-running lead manager.