Midwest LTD IPO GMP is showing uptrend as it is indicating Grey market Premium of ₹175. The grey market Price is indicating that Midwest LTD IPO may list above around 1240. Midwest LTD IPO open on 15-Oct-2025 and it will close on 17-Oct-2025.
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Midwest LTD IPO GMP Today
Midwest LTD IPO GMP increased by ₹45 today as it was yesterday ₹130. Midwest LTD IPO shwoing sgtrong demand in the grey market.
| Date | Midwest LTD IPO GMP |
| 16 Oct | ₹175 |
| 15 Oct | ₹130 |
Midwest LTD IPO Review
| Particulars | Details |
|---|---|
| Issue Period | 15-Oct-2025 to 17-Oct-2025 |
| UPI Mandate Cut-off | 17-Oct-2025 (up to 5:00 PM) |
| Issue Size | Fresh Issue: ₹2,500 MillionOFS: ₹2,010 Million (incl. 12,67,605 anchor shares) |
| Issue Type | 100% Book Building |
| Price Range | ₹1,014 – ₹1,065 per share |
| Discount (Employees) | ₹101 per share |
| Face Value | ₹5 per share |
| Bid Lot | 14 shares & multiples thereof |
| Minimum Order Quantity | 14 shares |
| Maximum Retail Investment | ₹2,00,000 |
| Maximum Employee Investment | ₹5,00,000 |
| IPO Market Hours | 10:00 AM – 5:00 PM |
| Lead Managers | DAM Capital, Intensive Fiscal, Motilal Oswal |
| Sponsor Banks | Kotak Mahindra Bank, HDFC Bank |
| Registrar | KFin Technologies Limited |
| Registrar Contact | M. Murali Krishna +91 40 6716 2222 midwest.ipo@kfintech.com |
| Registrar Address | Selenium Tower-B, Plot No.31 & 32, Financial District, Nanakramguda, Hyderabad – 500032, Telangana |
| UPI Applicable Categories | IND & EMP (up to ₹5 Lakh) |
Midwest LTD IPO Time Line
The Midwest Ltd IPO will open for subscription on October 15, 2025, and close on October 17, 2025. Investors must confirm their UPI mandate by 5:00 PM on October 17 to ensure their bids are valid.
The basis of allotment is expected to be finalized on October 20, followed by refunds and share credit to demat accounts on October 21, 2025. Midwest LTD IPO likely to be listed on the stock exchanges on October 22, 2025.
| Event | Date |
|---|---|
| IPO Open Date | 15 October 2025 |
| IPO Close Date | 17 October 2025 |
| UPI Mandate Confirmation Cut-off | 17 October 2025 (up to 5:00 PM) |
| Basis of Allotment | 20 October 2025 (Tentative) |
| Initiation of Refunds | 23 October 2025 (Tentative) |
| Credit of Shares to Demat | 23October 2025 (Tentative) |
| IPO Listing Date | 24 October 2025 (Tentative) |
About Midwest Ltd
Midwest Ltd is a leading infrastructure and engineering company known for delivering high-quality mining, construction, and project management services across India.
The company focuses on sustainable development, advanced technology, and timely project execution, serving both government and private sector clients.
With years of experience and a strong track record, Midwest Ltd continues to play a key role in India’s growing infrastructure and industrial landscape.
Midwest Ltd Financials
| Metric | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Income | ₹522.23 crore | ₹603.33 crore | ₹643.14 crore |
| Profit Before Tax (PBT) | ₹78.70 crore | ₹137.81 crore | ₹178.01 crore |
| Profit After Tax (PAT) | ₹54.44 crore | ₹100.32 crore | ₹133.30 crore |
| EBITDA | ₹89.59 crore | ₹151.44 crore | ₹171.78 crore |
| Earnings Per Share (EPS) | ₹16.10 | ₹29.67 | ₹39.42 |
What Midwest LTD IPO GMP Indicating
When the Midwest Ltd IPO GMP (Grey Market Premium) is showing an uptrend with a value of ₹175, it indicates strong investor demand and positive market sentiment toward the IPO.
Here’s what it means in simple terms:-
- GMP of ₹175 means that in the unofficial grey market, Midwest Ltd shares are trading ₹175 higher than the upper issue price of ₹1,065 i.e., at around ₹1,240 per share.
- An uptrend in GMP suggests that investors expect the stock to list at a premium and give listing gains on debut.
- It reflects strong subscription interest, good fundamentals, or positive market mood in the infrastructure and engineering sector.
A ₹175 GMP means the market expects Midwest Ltd to list around 16–17% higher than its issue price on listing day a good early sign of enthusiasm from investors.
Midwest LTD IPO GMP FAQs
What is the current GMP of Midwest Ltd IPO?
As of now, the GMP is around ₹175, which shows strong buying interest in the grey market.
Should investors apply based on GMP alone?
No. GMP should be seen only as a sentiment indicator. Investors should also consider the company’s financials, fundamentals, and long-term growth potential before applying.
What is the price band for Midwest Ltd IPO?
The price band is set between ₹1,014 and ₹1,065 per share.
What is the minimum investment required for Midwest Ltd IPO retail investors?
Retail investors can apply for a minimum of 14 shares, which means a minimum investment of around ₹14,910 (at the upper price band).
Disclaimer:
The information provided in this article, including details about the Midwest Ltd IPO and its Grey Market Premium (GMP), is for educational and informational purposes only. IPO investments are subject to market risks. The GMP data is unofficial and may vary daily. Investors are advised to verify details from official sources and consult a financial advisor before making any investment decisions.
