67  Total SME IPOs listed in 2025

2,916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

67  Total SME IPOs listed in 2025

2916.30 Crs.  Total funds raised in 2025

45  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

Midwest IPO (Midwest Limited IPO) Detail

Midwest IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Hyderabad and caters to Minerals sector. Intensive Fiscal Services , Dam Capital Advisors (Formerly Idfc Securities ) , Motilal Oswal Investment Advisors are the merchant bankers of Midwest IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.

Midwest IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : MainBoard Upcoming
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 5,402.11 cr.
  • Sector: Minerals IPO so far: 5
  • Merchant Banker: Intensive Fiscal IPO by BRLM so far: 12
  • City: Hyderabad IPO so far: 4
  • Revenue (annualised): ₹ 603.33 cr.
            PAT: (annualised): ₹ 100.32 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 21.72x

Midwest IPO Date

Date of DRHP:
30th September 2024
IPO Open Date:
[●]
IPO Close Date:
[●]
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
[●]

Midwest Limited IPO Info, Size, Subscription

Midwest IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
84.58 %

Post Issue Promoter Holding :
[●]

Midwest IPO Information

Sub Sector :
Midwest have a legacy of more than four decades in the dimensional natural stone (i.e., naturally occurring stones) industry with experience in exploration, development and operation of mines, stone processing and fabrication, sales, distribution and marketing of various types of natural stone. Midwest is engaged in the business of exploration, mining, processing, marketing, distribution and export of natural stones, with an emphasis on sustainability. Midwest are India's largest producer and exporter of Black Galaxy Granite (a variety of Granite which is sparkling with flakes of a golden hue), and held a share of approximately 23% of the Indian export market for Black Galaxy Granite in Fiscal 2024, exporting 48,249 cubic meters of Black Galaxy Granite during Fiscal 2024. Midwest is also one of the largest producers
Show More

Object of Issue (Midwest Limited IPO Objectives)

  • Funding capital expenditure by Midwest Neostone Private Limited (“Midwest Neostone”), their wholly owned subsidiary, towards Phase II of the quartz grit and powder processing plant (the “Phase II Quartz Processing Plant”);
  • Capital expenditure for purchase of electric dump trucks (“Electric Dump Trucks”) to be used by their Company and Andhra Pradesh Granite (Midwest) Private Limited (“APGM”), their Material Subsidiary;
  • Capital expenditure for integration of solar energy at certain Mines of the Company
  • Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM
  • General corporate purposes

Intensive Fiscal Services Private Limited is the book-running lead manager of the Midwest IPO. [●] is the Registrar for Midwest IPO.

Midwest IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Midwest IPO?

Midwest IPO, based in Hyderabad, operates in the   Minerals sector with a focus on . The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Midwest IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil

When is Midwest Limited IPO allotment?

The IPO allotment date for Midwest IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Midwest IPO allotment status on the registrars website, [●]. Midwest IPO refund dates are [●].

When is Midwest IPO listing date?

Midwest IPO is expected to be listed on [●].

What is the price band for Midwest Limited IPO?

The upper price band for the Midwest IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Midwest IPO Review?

For IPO analysis on Midwest IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Midwest IPO?

To apply for the Midwest IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Midwest IPO is finalised.

Who is the merchant banker of Midwest Limited IPO?

The merchant banker for Midwest IPO is Intensive Fiscal Services Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Motilal Oswal Investment Advisors Limited . Intensive Fiscal Services Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Midwest IPO RHP for further details.

Who is the Registrar of Midwest IPO?

The registrar for Midwest IPO is [●]. Investors can go to [●] registrar website for IPO allotment status, refund processing, and other queries related to Midwest IPO through their official website or helpline.

What is the Midwest IPO subscription?

Midwest IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Upcoming IPO List

Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Leela hotels - Schloss Bangalore Limited

  Hotels and Resorts

  New Delhi


Belrise Industries Limited

  Engineering - Automotive

  Mumbai


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Midwest IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Midwest Financial Review Page

Midwest IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Midwest IPO listed at a listing price of against the offer price of .

The current market price of Midwest is .

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency