15 Oct 2025 | 5 Mins Read
Midwest IPO exceeds 66% Day 1 subscription with 14% GMP
Flipitmoney
Midwest IPO received 66 times subscription on the first day with 20.61-lakh shares bid against 31.17-lakh shares on offer. Retail investors subscribed 77% and non-institutional investors received 1.27 times subscription. The company, with Rs 270.1 crore in consolidated borrowings, has a net profit of Rs 133.3 crore for FY 2025 and a revenue of Rs 626.2 crore.