Mumbai, Oct. 16 -- The initial public offer of Midwest received bids for 3,65,44,382 shares as against 31,17,460 shares on offer, according to stock exchange data at 17:00 IST on Thursday (16 October 2025). The issue was subscribed 11.72 times.

The issue opened for bidding on 15 October 2025 and it will close on 17 October 2025. The price band of the IPO is fixed between Rs 1,014 and 1,065 per share. An investor can bid for a minimum of 14 equity shares and in multiples thereof.

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

The selling shareholders include Kollareddy Rama Raghava Reddy who will offload 1699531 equity shares at upper price band aggregating Rs 181 crore and Guntaka Ravindra Reddy w...