Midwest IPO Closes Today: Dates, Price Band, Issue Split, Allotment and Listing Timeline

Midwest Ltd’s mainboard IPO closes today, with bidding scheduled for October 15–17, a ₹1,014–₹1,065 price band, and tentative listing on October 24, 2025 on NSE and BSE. The total issue size is about ₹451 crore, comprising a ₹250 crore fresh issue and a ₹201 crore offer for sale by existing shareholders as per broker and market summaries.​

Key details

• Issue window: October 15–17, 2025; basis of allotment likely October 20; listing guidance October 24, 2025 (tentative).​
• Price band and lot: ₹1,014–₹1,065 per share; lot size of 14 shares as indicated in deal notes and calendars.​
• Structure: Fresh issue ₹250 crore and OFS ₹201 crore; proceeds aimed at capex, working capital, and general corporate purposes.​

Business snapshot

• Segment: Natural stone and engineered quartz; known for leadership in Black Galaxy and Absolute Black granite with integrated mining-to-processing operations.​
• Footprint: Exports to 17+ countries, two processing facilities, and captive mines enabling supply control and cost efficiency across the value chain.​

What to watch next

• Final subscription break-up, especially the QIB book into close, as an indicator for potential listing stability and price discovery.​
• Basis of allotment publication around October 20 and listing on October 24, tracking actual premium versus informal GMP chatter and peer comps.​

Quick FAQs

• When does bidding end?
  Today is the final day; the window runs October 15–17, 2025 per the issue timeline shared by market trackers.​
• What’s the price band and lot size?
  ₹1,014–₹1,065 per share; lot size is 14 shares as reflected in broker summaries.​
• How is the issue split between fresh and OFS?
  Fresh issue of ₹250 crore and OFS of ₹201 crore, totaling about ₹451 crore.​
• When are allotment and listing expected?
  Basis of allotment is indicated for October 20 and listing tentatively on October 24, 2025 on NSE and BSE.