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%
Subscription92.34x total demandUpdated 21 Nov 2025, 08:50 AM
QIB146.99x
🔥 Blockbuster Sizzling Demand!Offered: 8,44,579 sh
Nib176.57x
🔥 Blockbuster Sizzling Demand!Offered: 6,33,655 sh
Hnis(10l +)201.77x
🔥 Blockbuster Sizzling Demand!Offered: 4,22,437 sh
Hnis (2-10l)126.17x
🔥 Blockbuster Sizzling Demand!Offered: 2,11,218 sh
Retail25.49x
🔥 Blockbuster Sizzling Demand!Offered: 14,78,529 sh
Employees25.81x
🔥 Blockbuster Sizzling Demand!Offered: 10,373 sh
CategoryOfferedAppliedTimes
QIB8,44,57912,41,48,388146.99x
Nib6,33,65511,18,84,290176.57x
Hnis(10l +)4,22,4378,52,34,128201.77x
Hnis (2-10l)2,11,2182,66,50,162126.17x
Retail14,78,5293,76,83,54825.49x
Employees10,3732,67,69425.81x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB13,221.889.95146.99x
Fiis3,245.040Open
Fis5,212.530Open
Mutual Funds1,094.080Open
Others3,670.160Open
Retail4,013.3157.4625.49x
Hnis 2+2,838.2422.49126.20x
Hnis 10+9,077.4344.99201.77x
Employees28.511.125.92x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
Retail1,05,60921,10,07019.98x
Employees012,822Open
Hnis(10l +)2,15587,30940.51x
Hnis (2-10l)1,0781,29,963120.56x