The allotment for the Midwest Limited IPO is expected to be finalised today, October 20, 2025. Investors who participated in the IPO, which closed on October 17, 2025, are keenly awaiting the allotment status. The IPO witnessed strong investor interest, being oversubscribed 87.89 times.
However, the grey market premium (GMP) for the Midwest IPO has seen a decline. The GMP, which indicates the premium at which the shares are traded in the grey market before listing, has fallen over 36% since last week. On October 15, 2025, the GMP was ₹175, which has now dropped to ₹111. Despite this fall, the current GMP still suggests a potential listing gain of around 10.33%.
Midwest Limited, a prominent producer and exporter of Black Galaxy Granite, launched its IPO on October 15, 2025. The IPO comprises a fresh issue of ₹250 crore and an offer for sale (OFS) of ₹201 crore. The price band for the issue was fixed between ₹1,014 and ₹1,065 per share. The company plans to utilise the IPO proceeds for expansion and debt reduction. The shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 24, 2025.
How to Check Allotment Status:
Investors can check their Midwest IPO allotment status through the following methods:
- Kfin Technologies Website:
- Visit the Kfin Technologies IPO page.
- Select "Midwest Limited IPO" from the list.
- Choose either PAN, Demat Account number, or Application number.
- Enter the required details and the captcha code.
- Click "Submit" to view your allotment status.
- BSE Website:
- Go to the BSE IPO allotment page.
- Select "Equity" under "Issue Type".
- Choose "Midwest Limited IPO" from the "Issue Name" dropdown.
- Enter your Application Number and PAN ID.
- Tick the "I am not a robot" box and click "Search".
- NSE Website:
- Visit the NSE website.
- Select "Equity and SME IPO bid details".
- Choose "Midwest Limited" from the dropdown list.
- Enter your PAN and application number.
- Click "Submit".
- IPO Ji App/Website:
- Launch the IPO Ji app or visit ipoji.com.
- Navigate to the IPO Allotment Page.
- Create a free account by providing your PAN and Demat details.
- Choose Midwest Limited IPO from the list.
- Click the "Check Status" button.
Upon successful allotment, shares will be credited to the investor's Demat account on October 23, 2025. Refunds for unsuccessful applicants will also be processed on the same day. For any queries regarding the allotment status, investors can contact Kfin Technologies Ltd.
