Midwest Ltd Listed
IPO details for Midwest Ltd.
GREY MARKET PREMIUM
+₹185
▲ +17.37% vs issue price
Issue Price
₹1,065.00
Est. Listing Price
₹1,250.00
Lot Size
14
Issue Details
Open Date
2025-10-15
Close Date
2025-10-17
Allotment
2025-10-20
Face Value
₹5.00
Total Issue Size
42,34,740 shares (aggregating up to ₹451.00 Cr) Cr
Issue Type
Bookbuilding IPO
Exchange
NSE & BSE
Financials (₹ Cr)
| Period | Revenue | PAT | EBITDA | Net Worth |
|---|---|---|---|---|
| 30 Jun 2025 | 146.47 | 24.38 | 38.97 | 577.03 |
| 31 Mar 2025 | 643.14 | 133.30 | 171.78 | 553.69 |
| 31 Mar 2024 | 603.33 | 100.32 | 151.44 | 421.93 |
Key Ratios
Return on Equity
19.42
Return on Capital Employed
18.84
Return on Net Worth
22.11
PAT / Revenue
17.17
EBITDA / Revenue
27.43
Debt to Equity
0.43
Price to Book Value
6.50
EPS Pre-Issue
39.42
EPS Post-Issue
26.97
P/E Pre-Issue
27.01
P/E Post-Issue
39.49
Objects of the Issue
- Funding capital expenditure by Midwest Neostone, the wholly owned subsidiary, towards the Phase II Quartz Processing Plant. — ₹127.049 Cr
- Capital expenditure for purchase of Electric Dump Trucks to be used by the Company and APGM, our Material Subsidiary — ₹25.75 Cr
- Capital expenditure for integration of solar energy at certain Mines of the Company — ₹3.56 Cr
- Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and APGM — ₹53.8 Cr
- General corporate purposes.
Lead Managers
Dam Capital Advisors Ltd
Intensive Fiscal Services Pvt.Ltd
Motilal Oswal Investment Advisors Ltd
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