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Midwest has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
Midwest IPO Details
IPO Open Date | October 15, 2025 |
IPO Close Date | October 17, 2025 |
Face Value | ₹5 Per Equity Share |
IPO Price Band | ₹1014 to ₹1065 Per Share |
Employee Discount | ₹101 Per Share |
Issue Size | Approx ₹451 Crores |
Fresh Issue | Approx ₹250 Crores |
Offer for Sale | Approx 18,87,323 Equity Shares |
Issue Type | Book Built Issue |
IPO Listing | BSE, NSE |
Download Prospectus PDF | Click Here |
Midwest IPO Dates and Schedule
IPO Open Date | October 15, 2025 |
IPO Close Date | October 17, 2025 |
Basis of Allotment | October 20, 2025 |
Refunds | October 23, 2025 |
Credit to Demat Account | October 23, 2025 |
IPO Listing Date | October 24, 2025 |
IPO Bidding Cut-off Time | October 17, 2025 – 5 PM |
About Midwest IPO
Established in 1981, Midwest Limited is a leading company engaged in the exploration, mining, processing, marketing, distribution, and export of natural stones. With more than 40 years of experience in the industry, the company manages every stage of the process — from mining and processing to global sales and distribution of various types of natural stones.
Midwest is recognized as India’s largest producer and exporter of Black Galaxy Granite (known for its golden sparkle), Absolute Black Granite (famous for its smooth surface finish), and Tan Brown Granite.
The company operates 16 active granite mines located across six sites in Telangana and Andhra Pradesh. Through consistent efforts and quality production, Midwest has built a strong international presence, exporting to 17 countries, including China, Italy, and Thailand.
Its major clients include MP STENEKO AB (Sweden), GI-MA STONE SRL (Italy), Quanzhou Xingguang Stone Co., Ltd. (China), The Xiamen Group (China), and King Marble and Granite Co. Ltd. (Thailand). As of June 30, 2025, Midwest Limited employs 1,326 professionals across its operations.