24 Oct 2025 | 5 Mins Read
Midwest shares dive following strong market debut
Flipitmoney
Midwest shares made a strong debut, listing at ₹1,165, a 9.39% premium to the issue price of ₹1,065. The stock rose to ₹1,189.50, but fell 3.56% to ₹1,123.60. The IPO was subscribed 87.89 times, raising ₹451 crore. Despite trading at a premium, analysts view the firm listing as healthy for long-term prospects due to its solid financial performance and focus on renewable energy.