Free Offer
Open Demat FREE
Apply in Midwest Ltd IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Midwest Ltd IPO
Midwest Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹185 +17.37% Est. Listing ₹1,250 P&L/Lot +₹2,590
Issue Price
₹1,065
Face ₹5
GMP
+₹185
+17.37% premium
Est. Listing
₹1,250
GMP based
Lot Size
14
shares / lot
Min Amount
₹14,910
1 lot · 14 shares
Live Price
—
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
15 Oct 2025
Wed Completed
Done
Close Date
17 Oct 2025
Fri Completed
Done
Allotment
20 Oct 2025
Mon Completed
Done
Refund
23 Oct 2025
Thu Completed
Done
Demat Credit
23 Oct 2025
Thu Completed
Done
Listing Date
24 Oct 2025
Fri Completed
UPI Deadline: 17 Oct 2025
Issue Details
Pricing & Size
Issue Price
₹1,065 Face ₹5
Lot Size
14 shares
Min Investment
₹14,910
Total Issue Size
42,34,740 shares (aggregating up to ₹451.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50.00% of the Net Offer
NII / HNI
Not less than 15.00% of the Net Offer
Retail
Not less than 35.00% of the Net Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,38,12,415 shares
Post-Issue Shareholding
3,61,59,832 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 14 ₹14,910
HNI / NII 14 196 ₹2,08,740
bHNI / bNII 68 952 ₹10,13,880
Objects of Issue
5 objectives
1
Funding capital expenditure by Midwest Neostone, the wholly owned subsidiary, towards the Phase II Quartz Processing Plant.
127.049 Cr
2
Capital expenditure for purchase of Electric Dump Trucks to be used by the Company and APGM, our Material Subsidiary
25.75 Cr
3
Capital expenditure for integration of solar energy at certain Mines of the Company
3.56 Cr
4
Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM
53.8 Cr
5
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Dam Capital Advisors Ltd
Intensive Fiscal Services Pvt.Ltd
Motilal Oswal Investment Advisors Ltd
IPO Timeline
Open
15 Oct
✓ Done
Close
17 Oct
✓ Done
Allotment
20 Oct
✓ Done
Listing
24 Oct
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
midwest.ipo@kfintech.com
Company Contact
Email
cs@midwest.in
Phone
+91 402330 5194
Address
8-2-684/3/25 & 26, Road No.12, Banjara Hills Hyderabad, Telangana, 500034
Grey Market Premium
LIVE
Current GMP
+₹185
+17.37% vs Issue Price
Issue Price
₹1,065
Est. Listing
₹1,250
Lot Size
14 shares
P&L / Lot
+₹2,590
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Midwest Ltd LIVE
—
INR ·
—
vs Issue
—
Open
—
High
—
Low
—
Mkt Cap
—
P/E
—
52W H
—
52W L
—
Vol
—
Div
—
Yld
—
Loading chart…
Live Chart Not Available
Midwest Ltd is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹1,065
GMP
+₹185 (+17.37%)
GMP Est. Listing
₹1,250
Previous Close
—
Exchange
—
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — Not more than 50.00% of the Net Offer — ₹0.01 Cr
NII / HNI (Total) — Not less than 15.00% of the Net Offer — ₹0.00 Cr
Retail Investors — Not less than 35.00% of the Net Offer — ₹0.00 Cr
* Based on ₹1,065.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50.00% of the Net Offer
NII
Not less than 15.00% of the Net Offer
Retail
Not less than 35.00% of the Net Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Jun 202531 Mar 202531 Mar 2024
Revenue146.47643.14603.33
PAT24.38133.30100.32
EBITDA38.97171.78151.44
Net Worth577.03553.69421.93
Total Assets1082.811058.70757.12
Reserves625.60602.26484.86
Borrowings270.11236.61120.48
Key Financial Ratios
19.42%
ROE
Return on Equity
18.84%
ROCE
Return on Capital Employed
22.11%
RONW
Return on Net Worth
17.17%
PAT Margin
PAT / Revenue
27.43%
EBITDA Mgn
EBITDA / Revenue
0.43
D/E Ratio
Debt to Equity
6.50
P/BV
Price to Book Value
39.42
Pre EPS
EPS Pre-Issue
26.97
Post EPS
EPS Post-Issue
27.01
Pre P/E
P/E Pre-Issue
39.49
Post P/E
P/E Post-Issue

Company information not available

Frequently Asked Questions
What is the issue price of Midwest Ltd IPO?
The issue price of Midwest Ltd IPO is ₹1,065 per share, face value ₹5.
What is the lot size?
Minimum lot size is 14 shares, requiring ₹14,910.
What are the IPO dates?
Opens 15 Oct 2025, closes 17 Oct 2025.
When is the listing date?
Tentative listing: 24 Oct 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹185, estimated listing ₹1,250 (+17.37%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Midwest Ltd IPO · Expected 20 Oct 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
20 Oct 2025
Refund Initiation
23 Oct 2025
Demat Credit
23 Oct 2025
Listing Date
24 Oct 2025
Live Price LIVE
—
—
Quick Facts
Closed
GMP Signal
Bullish
+₹185
+17.37%
Issue Price
₹1,065
Face ₹5
Lot Size
14
shares / lot
Min Amount
₹14,910
1 lot
Est. Listing
₹1,250
GMP +₹185
Key Dates
Open
15 Oct Done
Close
17 Oct Done
Listing
24 Oct Done
Registrar
Kfin Technologies Ltd
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min