Exchanges
BSE, NSE
Issue
Book building

Midwest IPO

₹1,140.50

+7.09% on listing

Listing-day close · NSE · 24 Oct 2025 · issue price ₹1,065

Midwest’s ₹451 crore IPO was priced at ₹1,065 a share. It listed on the NSE on 24 Oct 2025 and closed its first day at ₹1,140.50, up 7.09% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹451 Cr
Fresh issue
₹250 Cr
Offer for sale
₹201 Cr
Lot size
14 shares
Minimum investment
₹14,910
Face value
₹5
Registrar
Kfin Technologies

Subscription

Midwest IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—64.34×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,851 Cr
P/E (post-issue)
39.5
EPS (post-issue)
₹26.97
Price to book
6.5
ROE
19.42%
ROCE
18.84%
Debt to equity
0.43
EBITDA margin
27.43%
PAT margin
17.17%
Promoter holding
88.07% → 77.13%

Financials as of 31 Mar 2025, from the offer documents.

Listing

Listing date
24 Oct 2025
Issue price
₹1,065
Open
₹1,165.00
High
₹1,190.00
Low
₹1,129.10
Close
₹1,140.50

Listing day on the NSE. The close was +7.09% on the issue price.

MIDWEST share price today

FAQs

When did the Midwest IPO open and close?

It opened on 15 Oct 2025 and closed on 17 Oct 2025.

What was the Midwest IPO price?

The price band was ₹1,014–1,065 a share. The final issue price was ₹1,065.

What is the lot size and minimum investment?

One lot is 14 shares, ₹14,910 at ₹1,065 a share. Retail investors apply in whole lots.

How much did Midwest raise?

₹451 crore: ₹250 crore of new shares and ₹201 crore offered by existing shareholders.

How many times was the Midwest IPO subscribed?

64.34 times overall.

How did Midwest list?

It listed on the NSE on 24 Oct 2025 at ₹1,165.00 and closed the day at ₹1,140.50, up 7.09% on the ₹1,065 issue price.

Who is the registrar of the Midwest IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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