IPO Trending
MIDWESTLTDEQ / NSE, BSEListed

Midwest Limited

Midwest Limited, incorporated in 1981, is involved in the exploration, mining, processing, marketing, distribution, and export of natural stones. The company is best known for producing and exporting Black Galaxy Granite, a distinctive variety featuring sparkling golden flakes. It operates 16 granite mines across Telangana and Andhra Pradesh, offering varieties like Black Galaxy, Absolute Black, and Tan Brown, along with processing facilities in both states for large-scale production. Midwest has also developed a strong resource base with 25 potential mining sites across Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. The company exports to 17 countries across five continents, with key markets in China, Italy, and Thailand, and major clients such as MP STENEKO AB (Sweden), GI-MA STONE SRL (Italy), and The Xiamen Group (China). As of June 30, 2025, it employed 1,326 people, including 475 permanent employees, 822 contract workers, and 29 consultants.

₹1,014 - ₹1,06592.34x sub
Listed Price1165.00
Listing Gain+9.39%
TimelineBookbuilding IPO
Open15 Oct 2025
Close17 Oct 2025
Allotment20 Oct 2025
Listing24 Oct 2025

Quota Reservation Portions

AnchorPortion: 12,67,605 shares
29.93%
QIBPortion: 8,44,579 shares
19.94%
HNIPortion: 6,33,655 shares
14.96%
RetailPortion: 14,78,529 shares
34.91%
EmployeePortion: 10,373 shares
0.24%

Minimum Application Bracket Matrix

Retail1 lots / 14 shares
₹14,910
sHNI14 lots / 196 shares
₹2,08,740
bHNI68 lots / 952 shares
₹10,13,880

About the Company

Midwest Limited, incorporated in 1981, is involved in the exploration, mining, processing, marketing, distribution, and export of natural stones. The company is best known for producing and exporting Black Galaxy Granite, a distinctive variety featuring sparkling golden flakes. It operates 16 granite mines across Telangana and Andhra Pradesh, offering varieties like Black Galaxy, Absolute Black, and Tan Brown, along with processing facilities in both states for large-scale production. Midwest has also developed a strong resource base with 25 potential mining sites across Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. The company exports to 17 countries across five continents, with key markets in China, Italy, and Thailand, and major clients such as MP STENEKO AB (Sweden), GI-MA STONE SRL (Italy), and The Xiamen Group (China). As of June 30, 2025, it employed 1,326 people, including 475 permanent employees, 822 contract workers, and 29 consultants.

Company Promoters

Mr. Kollareddy Rama Raghava ReddyMr. Kollareddy RamachandraMrs. Kukreti SoumyaMrs. Uma Priyadarshini Kollareddy