Midwest IPO Subscription Details

Bookbuilding IPO | ₹451 Cr | Listed at BSE, NSE | Wed, Oct 15, 2025 - Fri, Oct 17, 2025

Basis of Allotment - Midwest IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)8,45,07012,67,60521,12,6752,11,2684,22,5356,33,80314,78,87310,37342,35,724
Allotment price (Rs.)1,0651,0651,0651,0651,0651,0651,0659641,065
No.of applications131101411,27,19687,2372,14,43319,94,66815422,09,396
No.of shares applied12,35,00,31414,17,85012,49,18,1642,61,80,4348,50,94,53411,12,74,9683,63,27,49412,18027,25,32,806
Amount collected (Rs.cr.)13,152.78 151.00 13,303.78 2,788.22 9,062.57 11,850.78 3,868.88 1.17 29,018.00
No.of times subscribed146.141.1259.13123.92201.39175.5724.561.1764.34
No.of shares allotted8,45,07012,67,60521,12,6752,11,2684,22,5356,33,80314,78,87310,37342,35,724
Amount (Rs.cr.)90.00 135.00 225.00 22.50 45.00 67.50 157.50 1.00 451.00
No.of allottees131101411,0772,1553,2321,05,6331461,09,152

IPO Shares Offered

Midwest IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 21,12,675225.00 49.88%
    Anchor 12,67,605 135.00 29.93%
    QIB (Ex Anchor) 8,45,070 90.00 19.95%
NII 6,33,80367.50 14.96%
    bNII (> ₹10L)4,22,53545.00 9.98%
    sNII (< ₹10L)2,11,26822.50 4.99%
Retail14,78,873157.50 34.91%
Employee10,3731.10 0.24%
Total42,35,724451.10 100%

Midwest IPO Anchor Investor Allocation

A total of 12,67,605 shares at a price of Rs 1,065 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 14, 2025
Anchor investor price₹1,065.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,33,803
No. of shares locked-in for 90 days6,33,803
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 3,28,636 35.00 25.93 7.76
2 AXIS SMALL CAP FUND AXIS MUTUAL FUND 3,28,636 35.00 25.93 7.76
3 ABSL UMBRELLA UCITS FUND PLC-INDIA FRONTLINE EQUITY FUND ABSL UMBRELLA UCITS FUND 1,40,840 15.00 11.11 3.33
4 SUN LIFE ADITYA BIRLA INDIA FUND SUN LIFE ADITYA BIRLA INDIA FUND 93,898 10.00 7.41 2.22
5 KOTAK CONSUMPTION FUND KOTAK MAHINDRA MUTUAL FUND 93,898 10.00 7.41 2.22
6 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 93,898 10.00 7.41 2.22
7 ITI MULTI CAP FUND ITI MUTUAL FUND 46,956 5.00 3.70 1.11
8 ITI MID CAP FUND ITI MUTUAL FUND 46,942 5.00 3.70 1.11
9 EDELWEISS LIFE INSURANCE CO.LTD. EDELWEISS LIFE INSURANCE 46,951 5.00 3.70 1.11
10 SVADHA INDIA EMERGING OPPURTUNITIES SCHEME I SVADHA CAPITAL 46,950 5.00 3.70 1.11
12,67,605135.0010029.93

IPO Subscription FAQs

The Midwest IPO is subscribed 92.36 times by Oct 17, 2025 17:04.

Midwest IPO Subscription

Investor Category Subscription (times)
Qualified Institutional146.99
Non Institutional176.57
Retail Individual25.52
Employee Reservations25.8
Total Subscription92.36

Retail category of Midwest IPO subscribed 25.52 times as of date Oct 17, 2025 17:04. The public issue closes on Fri, Oct 17, 2025 for bidding.

An investor can apply in Midwest IPO online via bank (using ASBA) or the broker (using UPI). The Midwest IPO shares are offered online only.

The Midwest IPO is subscribed 92.36 times by Oct 17, 2025 17:04.

The Midwest IPO allotment status is expected on or around Monday, October 20, 2025. Visit Midwest IPO allotment status to check.

The Midwest IPO listing date is October 24, 2025. The equity share of Midwest IPO will list on BSE, NSE.

Visit Midwest IPO subscription status page for real-time bidding information about Midwest IPO.

Midwest IPO Timetable

IPO opens OnWednesday, October 15, 2025
IPO Closes OnFriday, October 17, 2025
Finalisation of Basis of AllotmentMonday, October 20, 2025
Initiation of RefundsThursday, October 23, 2025
Credit of Shares to Demat AccountThursday, October 23, 2025
IPO Listing DateFriday, October 24, 2025
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