The Midwest Ltd IPO date has been confirmed from October 15, 2025, and closes on October 17, 2025. Read the post to learn about Midwest Ltd IPO GMP.
Midwest Ltd. IPO is a book build issue of ₹451.00 crores. The issue is a combination of fresh issue of 0.23 crore shares aggregating to ₹250.00 crores and offer for sale of 0.19 crore shares aggregating to ₹201.00 crores. Midwest IPO price band is set at ₹1014.00 to ₹1065.00 per share . The lot size for an application is 14. The minimum amount of investment required by an retail is ₹14,910 (14 shares) (based on upper price). The lot size investment for sNII is 14 lots (196 shares), amounting to ₹2,08,740, and for bNII, it is 68 lots (952 shares), amounting to ₹10,13,880.
Start your investing journey today. How do you open your own demat account for free?
Bidding Dates
Oct 15- Oct 17Price Range
₹1014 to ₹1065 per shareFace Value
₹5 per shareGMP
₹0Midwest Ltd IPO GMP
The Midwest Ltd IPO GMP Today is ₹0.
IPO Overview
Midwest IPO opens for subscription on Oct 15, 2025 and closes on Oct 17, 2025. The allotment for the Midwest IPO is expected to be finalized on Oct 20, 2025. Midwest IPO will list on BSE, NSE with a tentative listing date fixed as Oct 24, 2025.
Midwest Ltd IPO Details
| IPO Date | October 15, 2025 to October 17, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹1014 to ₹1065 per share |
| Lot Size | 14 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 42,34,740 shares (aggregating up to ₹451.00 Cr) |
| Fresh Issue | 23,47,417 shares (aggregating up to ₹250.00 Cr) |
| Offer for Sale | 18,87,323 shares of ₹5 (aggregating up to ₹201.00 Cr) |
| Employee Discount | ₹101.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,38,12,415 shares |
| Share Holding Post Issue | 3,61,59,832 shares |
Midwest Ltd Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 1,082.81 | 1,058.70 | 757.12 | 656.00 |
| Total Income | 146.47 | 643.14 | 603.33 | 522.23 |
| Profit After Tax | 24.38 | 133.30 | 100.32 | 54.44 |
| EBITDA | 38.97 | 171.78 | 151.44 | 89.59 |
| NET Worth | 577.03 | 553.69 | 421.93 | 334.92 |
| Reserves and Surplus | 625.60 | 602.26 | 484.86 | 408.88 |
| Total Borrowing | 270.11 | 236.61 | 120.48 | 149.08 |
| Amount in ₹ Crore | ||||
Midwest Ltd IPO Timeline
| IPO Open Date | Wed, Oct 15, 2025 |
| IPO Close Date | Fri, Oct 17, 2025 |
| Tentative Allotment | Mon, Oct 20, 2025 |
| Initiation of Refunds | Thu, Oct 23, 2025 |
| Credit of Shares to Demat | Thu, Oct 23, 2025 |
| Tentative Listing Date | Fri, Oct 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 17, 2025 |
Company Profile
Founded in 1981, Midwest Ltd. began its journey with a passion for natural stones, specializing in high-quality granite. Over the years, we have become India’s largest producer and exporter of Black Granite and one of the global leaders in Absolute Black Granite. With more than four decades of expertise in mining and processing, our products now reach customers across 17 countries, upholding our legacy of quality and trust.
Expanding beyond natural stone, Midwest has diversified into Diamond Wire manufacturing, Quartz processing, and Heavy Mineral Sands exploration, demonstrating our commitment to innovation and sustainable growth. Today, Midwest stands as a symbol of excellence in natural stone and advanced material solutions, continually adapting to meet the evolving needs of global industries.
Registrar Info
| Name | Kfin Technologies Ltd. |
| Phone number | 04067162222, 04079611000 |
| Email ID | midwest.ipo@kfintech.com |
| Website | https://ipostatus.kfintech.com/ |
Contact Details
| Name | Midwest Ltd |
| Phone number | +91 402330 5194 |
| Email ID | cs@midwest.in |
| Website | http://www.midwest.in/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Midwest Ltd IPO FAQs
When Midwest IPO will open?
The Midwest IPO opens on October 15, 2025 and closes on October 17, 2025.
What is the lot size of Midwest IPO?
Midwest IPO lot size is 14, and the minimum amount required for application is ₹14,910.
When is Midwest IPO listing date ?
The Midwest IPO listing date is not yet announced. The tentative date of Midwest IPO listing is Friday, October 24, 2025.