MIDWEST LIMITED

15 Oct 2025 - 17 Oct 2025 Individual Category Main Board BSE NSE

Min Investment

₹14910

Price Band

₹1014-₹1065

Issue Size

31.17 lakhs
Equity Shares

Lot Size

14 (per lot)

IPO Dates
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15 Oct 2025

Open Date

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17 Oct 2025

Close Date

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20 Oct 2025

Allotment Date

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24 Oct 2025

Listing Date

Midwest IPO open date is October 15, 2025, and the closing date is October 17, 2025. This new IPO is a book-built issue of 44.49 lakh equity shares. This upcoming ipo is offering a combination of fresh issue and offer for sale.Midwest IPO price band is Rs 1014 to Rs 1065 per share. As of October 13, 2025, the Midwest IPO GMP Live quotation is at Rs 0 (0%) per share. Live IPO Grey Market Premium details will be available online. However, the Midwest IPO updated DRHP was filed on September 30, 2024 with SEBI.Midwest IPO allotment status is available on October 20, 2025. Midwest IPO lot size is 14 shares. The minimum investment for retail investors for 1 lot is Rs 14,910. The registrar for the Midwest IPO is Kfin Technologies Ltd. Midwest IPO listing date is October 24, 2025.

Know Before Investing

Strengths icon

  • Use of advanced mining technology ensuring efficiency and precision.
  • Experienced team of geologists and mining engineers supporting quality operations.
  • Possession of significant quartz reserves of around 23.3 million tonnes.

Weaknesses icon

  • Environmental impact associated with large-scale mining operations.
  • Air and noise pollution from heavy machinery and blasting activities.
  • Exposure to regulatory scrutiny and compliance requirements in the mining sector.

About Midwest Limited

Midwest Limited, established in 1981, is India’s largest producer and exporter of Black Galaxy Granite, renowned worldwide for its unique golden sparkle and premium quality. Headquartered in Hyderabad, the company specializes in exploration, mining, processing, and global distribution of natural stones, including Absolute Black and Tan Brown granite varieties. Operating 16 mines across Telangana and Andhra Pradesh and two advanced processing facilities, Midwest integrates technology and sustainability into every stage of production. The company’s reach spans 17 countries across five continents, with long-standing partnerships in regions such as China, Italy, and Sweden. Expanding beyond stone, Midwest has also ventured into quartz processing and diamond wire manufacturing, reinforcing its diversified growth strategy. With four decades of industry experience, Midwest Limited continues to deliver quality, innovation, and environmental responsibility across global construction and architectural landscapes.

Founded

1981

Managing Director

Mr. Kollareddy Ramachandra

Parent Organization

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IPO Objectives

The Company Midwest IPO proposes to utilise the Net Proceeds from the Issue towards funding capital expenditure by its wholly owned subsidiary, Midwest Neostone, for the Phase II Quartz Processing Plant. The proceeds will also be used for the purchase of electric dump trucks to be used by the Company and its material subsidiary, APGM, and for the integration of solar energy at certain mines of the Company. Additionally, a portion of the funds will be utilised for the pre-payment or repayment of certain outstanding borrowings of the Company and APGM, while the remaining amount will be allocated towards general corporate purposes.

Company Promoters

Mr. Kollareddy Rama Raghava Reddy

Mr. Kollareddy Ramachandra

Mrs. Kukreti Soumya

Mrs. Uma Priyadarshini Kollareddy

How to Apply for IPO

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IPO Allotment

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