Midwest Ltd IPO – Dates, Price Band & Lot Size
The Midwest Ltd IPO will be live from 15 Oct'25 to 17 Oct'25 with an issue size of ₹451.00 crores. The IPO is priced in the band of ₹0.00–₹1065.00 per share with a minimum lot size of 14.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹14910.00
Subscribed Times 87.89x
Issues size ₹451 Crores
Price Range ₹0.00 - ₹1065.00
Open on 15 Oct'25
Close on 17 Oct'25
Midwest Ltd IPO Details
Lot Size 14.00
Issue size ₹451 Crores
Issue Type Book Building
Midwest Ltd Shares Offered
Qualified Inst. Buyers 28.47
Non Inst. Buyers 21.35
Retails Ind. Buyers 49.82
Midwest Ltd Subscription Status
(as of 14 Jan 2026) Overall Status 87.89x
Qualified Inst. Buyers 139.87x
Non Inst. Buyers 168.07x
Retails Ind. Buyers 24.26x
Midwest Ltd IPO Timeline
15 Oct'25 Issue Open
17 Oct'25 Issue Close
20 Oct'25 Finalization of Basis of Allotment
23 Oct'25 Initiation of refund
23 Oct'25 Transfer of shares to Demat Account
24 Oct'25 Listing Date
Midwest Ltd Objects of the offer
Capitalize on the growing market for Black Galaxy Granite and Absolute Black Granite and build our resource base.
Expand our Dimensional Stone products and enter new geographies.
Diversify revenue through production of Quartz grit and powder.
Expand into heavy mineral sand mining.
Growing and augmenting operations in our Diamond Wire Segment.
Improve efficiency and sustainability of our operations.
Midwest Ltd Company's Financials
Assets(cr) Mar 2025 892.31 Mar 2024 645.49 Mar 2023 567.95
Gross Profit(cr) Mar 2025 203.60 Mar 2024 159.99 Mar 2023 100.24
Liabilities(cr) Mar 2025 277.78 Mar 2024 155.62 Mar 2023 162.36
Net Income(cr) Mar 2025 133.30 Mar 2024 100.32 Mar 2023 54.44
Revenue(cr) Mar 2025 626.18 Mar 2024 585.62 Mar 2023 502.52
Midwest Ltd Peer Comparison
Script Name Midwest Ltd Revenue(cr) 369.74 Net Profit(cr) 88.47 EPS 0.00 Current Ratio 2.75
Script Name Pokarna Ltd Revenue(cr) 930.13 Net Profit(cr) 187.55 EPS 60.49 Current Ratio 13.36
Midwest Ltd IPO
Midwest Ltd Company Contact Info
8-2-684/3/25 & 26 Road No.12,
Banjara Hills,
Hyderabad-500034
Phone : +91 40 2330 5194
Midwest Ltd Registrar & Transfer Agent
KFin Techologies Ltd
Karvy Selenium Tow-B,
31&32 Financial Dist-Hyderabad-500032
Phone : 91-40-67162222
Fax : 91-40-23001153/23420814
Midwest Ltd Book Running Managers
Offer Related Information
Initial public offering of 4,235,724 equity shares of face value of Rs.5 each (Equity Shares) of Midwest Limited (the Company or the Company or the Issuer)for cash at a price of Rs.1,065 per equity share (including a premium of Rs.1,060 per equity share) (the Offer Price) aggregating to Rs.451.00 crores (theOffer) comprising a fresh issue of 2,348,401 equity shares aggregating to Rs.250.00 crores by the company (the Fresh Issue) and an offer for sale of 1,887,323 equity shares aggregating to Rs. 201.00 crores comprising an offer for sale of 1,699,530 equity shares aggregating to Rs.181.00 crores by Kollareddy Rama Raghava Reddy (Promoter Selling Shareholder) and an offer for sale of 187,793 equity shares aggregating to Rs. 20.00 crores by. Guntaka Ravindra Reddy (the Promoter Group Selling Shareholder, and together with the promoter selling shareholder, referred to as the Selling Shareholders, and each individually, as a Selling Shareholder and such offer for sale of equity shares by the selling shareholders, the Offer for Sale).This offer includes a reservation of 10,373 equity shares, aggregating to Rs.1.00 crore (constituting 0.03% of the post-offer paid-up equity share capital),for subscription by eligible employees (as defined hereinafter) (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The company in consultation with the brlms, offered a discount of 9.48% to the offer price (equivalent of Rs. 101 per equity share) to eligible employees bidding in the employee reservation portion (Employee Discount). The offer and the net offer constitutes 11.71% and 11.68%, respectively, of the post-offer paid-up equity share capital of the company.The face value of the equity shares is Rs.5 each and the offer price is 213.00 times the face value of the equity shares.
Midwest Ltd IPO FAQs
What is the issue size of Midwest Ltd IPO?
The issue size of Midwest Ltd IPO is ₹ 451 crore.
What is 'pre-apply' for Midwest Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Midwest Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Midwest Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Midwest Ltd IPO?
The IPO opens on 15 Oct and closes on 17 Oct.
What is the lot size and minimum order quantity of the Midwest Ltd IPO?
The minimum order is 1 lot, which consists of 14.00 shares.
What is the allotment date for the Midwest Ltd IPO?
The allotment is expected on 20 Oct.
Who is the registrar of the Midwest Ltd IPO?
KFin Techologies Ltd is the registrar for this IPO.
Where is the Midwest Ltd IPO getting listed?
It will be listed on BSE,NSE.