Midwest Limited

Midwest Limited

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₹14,910(14 Shares)

Minimum Investment

IPO Dates

Oct 15, 2025 – Oct 17, 2025

Price Band

₹1014–1065 per equity share

Lot Size

14

Listing

Oct 24, 2025

Listing At

BSE, NSE

Oct 15, 2025Open DateCompleted
Oct 17, 2025Close DateCompleted
TBAAllotment DateUpcoming
Oct 24, 2025Listing DateCompleted

Midwest Limited Live Subscription Details

All IPOs
QIB146.99x
Retail25.49x
NIIs
176.57x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

126.17x

bHNI (> ₹10L)

Bids above ₹10L

201.77x

Overall Subscription

Total Bids Received

92.34x

Midwest Limited IPO Issue Details

Issue Price
₹1014-1065 Per Equity Share
Face Value
₹5 Per Equity Share
Fresh Share
23,47,417 shares(aggregating up to ₹250 crore)
Listing At
BSE, NSE
Listing Date
Oct 24, 2025
Registrar
Kfin Technologies Limited

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)114₹14,910
Retail (Max)13182₹1,93,830
sHNI (Min)14196₹2,08,740
sHNI (Max)67938₹9,98,970
bHNI (Min)68952₹10,13,880

Reservation Details

14.96%

NII

6.34L

20%

QIB

8.45L

30%

Anchor

12.68L

Company Information

Midwest Limited, a company which was established in 1981, is involved in exploration, mining, processing, marketing, distribution, and export of natural stones. The company is a producer and exporter ...

Valuations

EPS (Pre-IPO)

39.42

EPS (Post-IPO)

26.97

P/E (Pre-IPO)

27.01

P/E (Post-IPO)

39.49

RoNW

22.11%

PAT Margin

17.17%

P/B Value

6.50

Market Cap

3851.02 Cr.

Financial Information (₹ in Crores)

MetricFY 25FY 25FY 24FY 23
Total Assets1082.811058.7757.12656
Total Revenue146.47643.14603.33522.23
Profit After Tax24.38133.3100.3254.44
Net Worth577.03553.69421.93334.92

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding capital expenditure by Midwest Neostone, the wholly owned subsidiary, towards the Phase II Quartz Processing Plant.
  2. 2Capital expenditure for purchase of Electric Dump Trucks to be used by the Company and APGM, our Material Subsidiary
  3. 3Capital expenditure for integration of solar energy at certain Mines of the Company
  4. 4Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM
  5. 5General corporate purposes.

Midwest Limited – Promoter(s)

Mr. Kollareddy Rama Raghava Reddy
Mr. Kollareddy Ramach
ra
Mrs. Kukreti Soumya
Mrs. Uma Priyadarshini Kollareddy

Contact Details

Corporate Office

8-2-684/3/25 & 26, Road No.12, Banjara Hills, Hyderabad, Telangana, 500034

+91 4023305194

cs@midwest.in

Visit Website

Midwest Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

midwest.ipo@kfintech.com

Visit Registrar Website

Midwest Limited IPO Documents

Frequently Asked Questions — Midwest Limited IPO

The Midwest Limited IPO price band is set at ₹1014.00 to ₹1065.00 per equity share.

The lot size for Midwest Limited IPO is 14 shares per lot. The minimum investment amount is approximately ₹14,910.

The Midwest Limited IPO opens on Oct 15, 2025 and closes on Oct 17, 2025.

Midwest Limited IPO is expected to be listed on Oct 24, 2025 on BSE, NSE.

The current GMP for Midwest Limited IPO is ₹102, suggesting an expected listing price of around ₹1116.00. Note: GMP is an unofficial market indicator.

The registrar for Midwest Limited IPO is Kfin Technologies Limited. You can contact them at midwest.ipo@kfintech.com.

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