IPO Analysis > Is Midwest Limited IPO Worth Your Money?
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Upcoming IPO: Midwest Limited लाएगी ...

Is Midwest Limited IPO Worth Your Money?

India’s granite production has gone up from 17,132 KT in FY 2022 to 19,709 KT in FY 2025. It is growing at around 4.7% every year. Midwest Limited is working in this area and will be listed soon. 

Intensive Fiscal, Motilal Oswal, and DAM Capital are managing the IPO; Kfin Technologies is gearing up to register it. Here is the allotment status

Also, find out more details on the Midwest DRHP and RHP

Note: For the Midwest Limited IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.

Midwest Limited: Company Profile

The company profile of Midwest Limited is given below:

Particulars

Details 

Incorporated Year

1981

Registered Office

Hyderabad

Products 

Mining and distribution of natural stones

Promoters

Guntaka Ravindra and Kollareddy Rama

Competitors 

Pokarna


Midwest IPO Details 

Here is the information regarding the Midwest Limited share price and IPO dates here. 

  • Midwest Limited IPO Date

Event

Date

Opening Date of IPO

Wednesday, October 15, 2025

Closing Date of IPO

Friday, October 17, 2025

Expected Date of Allotment

Monday, October 20, 2025

Refunds to Begin

Thursday, October 23, 2025

Shares in Demat Accounts

Thursday, October 23, 2025

Probable Listing Date on Exchange

Friday, October 24, 2025

Deadline for UPI Mandate Confirmation

5:00 PM on Friday, October 17, 2025


  • Midwest Limited IPO Size


Particulars

Shares

Aggregate Value

Fresh Issue 

₹2,500.00 million

Undisclosed

Offer for Sale

₹2,010.00 million 

Undisclosed

Overall Issue 

₹4,510.00 million

Undisclosed


  • Objectives of the Midwest Limited Offer  

Purpose

Amount (₹ million)

Loan to wholly-owned subsidiary 

1,302.98

Purchase of electric dump trucks 

257.55

Solar energy integration 

32.56

Prepayment/repayment 

562.23

General corporate needs

Undisclosed 

Total

Undisclosed


  • Other takeaways and the Midwest share price 


Particulars

Description

Face value of each share

₹5

Price Range

₹1014 to ₹1065

Lot Size

14

Listed At 

BSE NSE


  • Categorisation of Different Investors  


Application Type

Maximum Bid

Retail Individual (RII)

Up to ₹2 Lakhs

Small Non-Institutional (sNII)

₹2–10 Lakhs

Big Non-Institutional (bNII)

Above ₹10 Lakhs

Employee Only

Up to ₹5 Lakhs

Employee + RII/NII

Employee: Up to ₹5 Lakhs; 

RII: ₹2 Lakhs; 

NII: ₹2–10 Lakhs / >10 Lakhs


  • Anchor Investor


Particulars

Description

Offer period 

Tuesday, October 14, 2025

Terms of Payment 

The bid amount must be paid at the 

time of bid submission 


Midwest Limited IPO details: Key Financials  



Particulars

June 30, 2025

Mar 31, 2025

2024

2023

Equity Share Capital

169.06

169.06

96.61

7.43

Net Worth

5,770.32

5,536.91

4,219.29

3,349.24

Revenue from Operations

1,422.65

6,261.82

5,856.24

5,025.17

Profit After Tax

243.80

1,332.99

1,003.24

544.36

Earnings per Share – Basic (₹/share)

7.21

39.42

29.67

16.10

Earnings per Share – Diluted (₹/share)

7.21

39.42

29.67

16.10

NAV

170.66

163.75

124.79

99.05

Total Borrowings

2,701.10

2,366.10

1,204.83

1,490.76


Strengths and risks

Let's see all the important risks and strengths of Midwest Limited:


Strengths 

  • Solid Manufacturing Setup: Midwest has a strong production base with modern equipment that helps deliver top-quality granite and meet big orders without a hitch.

  • Customers Everywhere: Along with local builders and international clients, the company has built a big customer base.

  • Plenty of Choices: With a lot of natural stone products, Midwest offers quality products only.

  • Quality That Speaks for Itself: Every stone goes through strict checks, and that’s why customers keep coming back.

Risks 

  • Transport isn’t Cheap: Shipping heavy granite over long distances can get expensive, especially when fuel prices jump.

  • Exports Go Up and Down: Overseas demand depends a lot on global trends and currency changes, so export sales can sometimes fluctuate.

  • Linked to Construction Trends: Since granite is widely used in real estate and infrastructure, any slowdown in these sectors can affect orders.

  • Rules and Regulations Matter: Mining and processing have to follow strict environmental guidelines, and any delay in clearances can slow down operations.

Should You Bid For The Midwest Limited IPO?

Midwest Limited IPO's GMP is not available as of 10 October 2025. You can check the profile of the company and its live GMP updates.

Also, know the live subscription information if you want to bid for this Midwest Limited IPO. Apply Now.

FAQs

1. How is the Midwest Limited IPO review?

Midwest Limited is seen as one of the natural stone manufacturers. With this IPO, it will expand the capital. For the latest sentiment, you can look for the Midwest Limited GMP updates

2. What is the Midwest Limited IPO date?

The IPO open date is 15 October 2025, and the close date is 17 October 2025. Live subscription details can be monitored through FinnPick, showing live subscription data in real time.

3. What is the Midwest Limited IPO listing price? 

The Midwest Limited IPO price is ₹1014 to ₹1065 as of 10 October 2025. Also, don't forget to check the IPO size. 

4. Should I use a demat account to bid for the Midwest Limited IPO?

Yes, a demat account is required to bid for the Midwest Limited IPO. Click here to get the ultimate list of the top demat account providers.
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