Mumbai, Oct. 20 -- The initial public offer of Midwest received bids for 27,39,83,920 shares as against 31,17,460 shares on offer. The issue was subscribed 87.89 times.

The Qualified Institutional Buyers (QIB) category was subscribed 166.51 times, the Non-Institutional Investors category was subscribed 22.45 times and the Retail Individual Investors category was subscribed 3.55 times.

The issue opened for bidding on 15 October 2025 and it closed on 17 October 2025. The price band of the IPO is fixed between Rs 1,014 and 1,065 per share.

The IPO consists of a fresh issue of Rs 250 crore and offer for sale of Rs 201 crore.

The selling shareholders had included Kollareddy Rama Raghava Reddy, who had offloaded 1,699,531 equity shares at t...