Midwest IPO Listing Date Set for Tomorrow, October 24, 2025

The much-anticipated Midwest Limited IPO is set to make its market debut on Friday, October 24, 2025, on both the BSE and NSE.

The bidding for the IPO took place between October 15 and October 17, 2025, while the allotment was finalised on October 20, 2025. The issue is a book-built offer comprising a fresh issue of shares worth ₹250 crore and an offer-for-sale (OFS) of ₹201 crore, aggregating to a total size of ₹451 crore.

The price band for the Midwest IPO was fixed between ₹1,014 and ₹1,065 per share, with a lot size of 14 shares.

Midwest IPO Subscription Status

The Midwest IPO received an enthusiastic response from investors, recording an overall subscription of 92.36 times. The issue attracted strong demand across all investor segments:

• Qualified Institutional Buyers (QIBs): 146.99 times
• Non-Institutional Investors (NIIs): 176.57 times
• Retail Investors: 25.52 times

The IPO garnered 27.40 crore bids against 29.67 lakh shares available for subscription.

Company Background

Midwest Limited, incorporated in 1981, is engaged in the exploration, mining, processing, marketing, distribution, and export of natural stones, with a strong focus on sustainable operations. With over four decades of experience, the company covers the full value chain — from mine development to stone fabrication and sales.

A major player in the natural stone segment, Midwest is one of India’s leading producers and exporters of Black Galaxy Granite, known for its distinctive golden-hued flakes. In FY2024, the company accounted for 23% of India’s total Black Galaxy Granite exports, with 48,249 cubic meters shipped globally.

Read More: LG Electronics Share Price Closed 1.65% Lower After Listing at 50% Premium on Oct 14, 2025.

Conclusion

With a diversified business model, decades of industry experience, and a focus on sustainable mining, Midwest Limited’s IPO listing on October 24, 2025, marks an important milestone for the company.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.