Midwest IPO
Historical offer record. This offer is closed for applications. Prices and subscriptions describe the past offer; GMP observations are unofficial past records, not current quotes or listing predictions.
Data provider: FinAPI. This is a third-party summary, not an official prospectus. Read our data limitations and editorial policy.
No GMP observations are available for this historical offer record. No premium or listing-gain estimate is shown.
Price band
₹1014 – ₹1065
Lot size
14 shares
Offer application amount
₹14,910
Issue size
₹451 Cr
Historical offer amount for 1 lot at the upper issue price. Confirm the lot size and application terms in the issuer prospectus.
Reported IPO schedule
| Open date | 15 Oct 2025 |
| Close date | 17 Oct 2025 |
| Allotment finalisation | 20 Oct 2025 |
| Refund initiation | 23 Oct 2025 |
| Shares credited to demat | 23 Oct 2025 |
| Reported listing date | 24 Oct 2025 |
Issue size
About Midwest
Founded in 1981, Midwest Limited is one of the leading companies involved in the business of exploration, mining, processing, marketing, distribution, and export of natural stones. The company has over 40 years of experience in the natural stone industry, from mining and processing to sales, distribution, and marketing of different types of natural stones, they cover everything. Moreover, the Midwest is the largest producer and exporter of Black Galaxy Granite, which is a variety of Granite that is sparkling with flakes of a golden hue, Absolute Black Granite (a variety known for its remarkable surface finish), and Tan Brown Granite in India.
Company summary supplied by FinAPI. Read the prospectus for the issuer's disclosures and audited financials.
Use of proceeds
| Funding capital expenditure by Midwest Neostone, the wholly owned subsidiary, towards the Phase II Quartz Processing Plant. | 127.05 |
| Capital expenditure for purchase of Electric Dump Trucks to be used by the Company and APGM, our Material Subsidiary | 25.76 |
| Capital expenditure for integration of solar energy at certain Mines of the Company | 3.26 |
| Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM | 53.8 |
Offer documents and primary references
Read the issuer's offer document and any corrigenda for the full disclosures. A third-party details page is a summary; SEBI filing access does not imply an endorsement of the offer or this website.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.