Midwest Ltd IPO
Issue Price
₹1,065
GMP
+₹185
Est. Listing
₹1,250 (+17%)
Lot Size
14
Face Value
₹5
Issue Size
4,234,740 shares (aggregating up to ₹451 Cr)
Subscription
—
IPO Timeline
Open Date15-Oct-25
Close Date17-Oct-25
Allotment20-Oct-25
Refund Initiation23-Oct-25
Demat Credit23-Oct-25
UPI Mandate Deadline17-Oct-25
Listing Date24-Oct-25
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | Not more than 50% of the Net Offer | — | ₹0 Cr |
| NII (HNI) | — | Not less than 15% of the Net Offer | — | ₹0 Cr |
| Retail | — | Not less than 35% of the Net Offer | — | ₹0 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹1,065
Face Value₹5
Lot Size14 shares
Issue Size4,234,740 shares (aggregating up to ₹451 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue2,347,417 shares (aggregating up to ₹250 Cr)
Offer for Sale1,887,323 shares of ₹5 (aggregating up to ₹201 Cr)
Net Offer to Public—
Amount In₹ Crore
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,910 |
| Retail (Max) | 13 | 182 | ₹193,830 |
| S-HNI (Min) | 14 | 196 | ₹208,740 |
| B-HNI (Min) | 67 | 938 | ₹998,970 |
Retail1 lot(s)14 shares₹14,910
S-HNI14 lot(s)196 shares₹208,740
B-HNI68 lot(s)952 shares₹1,013,880
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 146 | 643 | 603 |
| EBITDA | 39 | 172 | 151 |
| Profit After Tax | 24 | 133 | 100 |
| Net Worth | 577 | 554 | 422 |
| Total Assets | 1,083 | 1,059 | 757 |
| Reserves & Surplus | 626 | 602 | 485 |
| Total Borrowing | 270 | 237 | 120 |
Valuation & Key Ratios
ROE19%
ROCE19%
RONW22%
PAT Margin17%
EBITDA Margin27%
Debt/Equity0
P/BV7
Pre EPS₹39
Post EPS₹27
Pre P/E27
Post P/E39
Grey Market Premium (GMP)
+₹185
Current GMP
₹1,250
Est. Listing Price
+17%
Expected Gain
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure by Midwest Neostone, the wholly owned subsidiary, towards the Phase II Quartz Processing Plant. – 127.049
- Capital expenditure for purchase of Electric Dump Trucks to be used by the Company and APGM, our Material Subsidiary – 25.75
- Capital expenditure for integration of solar energy at certain Mines of the Company – 3.56
- Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM – 53.8
- General corporate purposes. –
Company Information
Address8-2-684/3/25 & 26, Road No.12, Banjara Hills Hyderabad, Telangana, 500034
Phone+91 402330 5194
Emailcs@midwest.in
Websitehttp://www.midwest.in/