Midwest IPO Subscription Day 1

Midwest IPO launched on 15th October 2025. Bidding for the issue will close today, 17th October 2025. The primary aim of the Midwest IPO is to raise ₹451.00 crores from the market. Also, the Midwest IPO has received an impressive level of subscription, which indicates that shares will be listed at an impeccable premium. Scroll down to check the Midwest IPO subscription and details. 

Midwest IPO Details 

The price band for the Midwest IPO has been set at ₹1014.00 to ₹1065.00 per share, with a total of shares issued. Let’s segregate the share quota fixed for different categories of investors. 

Midwest IPO Subscription Status

As of now, the Midwest IPO has been subscribed to 0.29 times. Of these, 0.39 times are subscribed by retail investors, 0.43 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Midwest IPO listing on 24th October 2025. Midwest IPO also has a positive outlook behind the fresh issue of 0.23 crore shares to raise around Rs 451.00 crores.

Midwest IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Midwest IPO GMP for 15th October 2025. 

The grey market premium for this IPO is 13.62% or Rs 145 per share. It indicates that the estimated listing price per share is Rs 1210. Numerous factors played a pivotal role in this jump in Midwest IPO’ IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Midwest IPO Ltd.

Midwest Limited was founded in 1981 and is primarily engaged in the exploration, mining, production, marketing, distribution, and export of natural stones. Over the years, the industry has built a strong reputation through its operational excellence and sustainable mining practices. Midwest Company Limited has raised the funds through an IPO offering to support its expansion plans. The company’s central vision is to make a stable financial position, unlock new growth opportunities, and create long-term value. It creates a promising opportunity for the investors.

Midwest Limited has established a strong global presence, exporting its products to 17 countries across five continents, with China, Italy, and Thailand being the primary export markets.

Midwest Limited Financials

The company’s financial analysis is essential before applying for the Midwest IPO. Refer to the table to learn about Midwest Limited’s financial information. 

Explanation

Midwest Limited’s revenue increased by 7% from ₹603.32 crore in March 2024 to ₹133.30 crore in March 2025. Moreover, the company’s PAT rose by 33% from ₹100.32 crores to ₹133.30 crores.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Midwest IPO.

Midwest IPO Listing Expectations

Midwest IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 13.62% jump in Midwest IPO GMP suggests the estimated listing price per share will be around Rs 1210.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Midwest IPO Dates

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

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Midwest IPO IPO GMP: Day 2 IPO Live Updates