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The Midwest IPO, oversubscribed 87.9 times, raised ₹451 crore and lists on October 24 with a projected 10% gain.
The Midwest IPO, which closed on October 17, 2025, was oversubscribed 87.89 times overall, with non-institutional investors bidding 168.07 times and Qualified Institutional Buyers 139.87 times. Allotment results were finalized on October 20, with shares to be credited to demat accounts and refunds processed on October 23. The IPO, priced at ₹1,014–1,065 per share, raised ₹451 crore and will list on BSE and NSE on October 24. The grey market premium was around ₹101, indicating a potential listing gain of nearly 10%.
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