Midwest Share Price Rises 8% on Listing Day

Midwest IPO opened for subscription on Oct 15, 2025 and ended on Oct 17, 2025. 

It was a book build issue of ₹451.10 crores. The issue is a combination of fresh issue of 0.23 crore shares aggregating to ₹250.10 crores and offer for sale of 0.19 crore shares aggregating to ₹201.00 crores. The Midwest IPO price band was set at ₹1065 per share. 

The Midwest IPO was subscribed 92.36 times overall. By October 17, 2025 (Day 3), the public issue was subscribed 25.52 times in the retail segment, 146.99 times in the QIB category (excluding anchor investors), and 176.57 times in the NII category.

The share allotment was finalised on Oct 20, 2025, and the shares were listed on BSE and NSE on Friday, Oct 24, 2025.

Midwest Share Price

On the listing day, on the NSE, Midwest share price (NSE: MIDWESTLTD) opened at ₹1,165.00, up from its issue price of ₹1,065.00. At 11:44 AM, the share price was trading at ₹1,151.20, down by 1.18% from its open price and up by 8.38% from its issue price. As of the same time, the stock touched its day’s high at ₹1,190.00. The company’s market cap was ₹4,174.04 crore. 

On the BSE, at 11:47 AM, Midwest share price was trading at ₹1152.40, down by 1.09% from its opening price of ₹1165.10 and 8.21% up from its issue price of ₹1065.00.

About Midwest Limited

Midwest Limited, established in 1981, is engaged in the exploration, mining, processing, marketing, distribution, and export of natural stones. The company is a leading producer and exporter of Black Galaxy Granite, a distinctive variety known for its sparkling golden flecks.

The company operates 16 granite mines across six locations in Telangana and Andhra Pradesh, producing multiple granite varieties, including Black Galaxy, Absolute Black, and Tan Brown.

Midwest Limited also runs granite processing facilities in both Telangana and Andhra Pradesh, enabling large-scale processing and finishing of its products. Beyond its active mines, the company has developed a robust resource base spanning 25 locations across Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu, providing potential for future mining operations.

Also Read: NSE IPO: CEO Eyeing Listing Within 8–9 Months Post Regulatory Clearance!

Conclusion

Midwest share price made a debut, rising 8% above its issue price on both NSE and BSE, reflecting positive market sentiment.

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