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Nestle India

1266.1 1.10

Grasim Inds

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788.4 -43.00

Hind. Unilever

2436 -9.70

ITC

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4679.2 18.60

Larsen & Toubro

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M & M

3618.5 37.30

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Tata Steel

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Shriram Finance

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Tech Mahindra

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HDFC Life Insur.

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SBI Life Insuran

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UltraTech Cem.

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Bajaj Auto

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Bajaj Finserv

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IPO-Synopsis
Midwest Ltd
  • Registered Office: 8-2-684/3/25 & 26 Road No.12,Banjara Hills, Hyderabad - 500034, Telangana, India. Phone : +91 40 2330 5194   Fax:
  • Email : cs@midwest.in
  • Website :www.midwest.in
Initial public offering of 4,235,724 equity shares of face value of Rs.5 each ("Equity Shares") of Midwest Limited (the "Company" or the "Company" or the "Issuer")for cash at a price of Rs.1,065 per equity share (including a premium of Rs.1,060 per equity share) (the "Offer Price") aggregating to Rs.451.00 crores (the"Offer") comprising a fresh issue of 2,348,401 equity shares aggregating to Rs.250.00 crores by the company (the "Fresh Issue") and an offer for sale of 1,887,323 equity shares aggregating to Rs. 201.00 crores comprising an offer for sale of 1,699,530 equity shares aggregating to Rs.181.00 crores by Kollareddy Rama Raghava Reddy ("Promoter Selling Shareholder") and an offer for sale of 187,793 equity shares aggregating to Rs. 20.00 crores by. Guntaka Ravindra Reddy (the "Promoter Group Selling Shareholder", and together with the promoter selling shareholder, referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). This offer includes a reservation of 10,373 equity shares, aggregating to Rs.1.00 crore (constituting 0.03% of the post-offer paid-up equity share capital),for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company in consultation with the brlms, offered a discount of 9.48% to the offer price (equivalent of Rs. 101 per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer constitutes 11.71% and 11.68%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.5 each and the offer price is 213.00 times the face value of the equity shares.
Issue
Opens On Closes On
15-Oct-25 17-Oct-25
Money Payable On
Application Allotment
1065.00 0.00
Minimum Application for shares in Nos : 14 Further Multiples of : 14
Cr Lead Managers to the Issue
Project Cost (.Cr) 224.61 DAM Capital Advisors Ltd
Project Financed through Current Offer (.Cr) 451.00  
Post Issue Equity Share Capital (.Cr) 18.08
Issue Price () 1065.00
Projects
Promoted By
Kollareddy Rama Raghava Reddy
Kollareddy Ramachandra
Kukreti Soumya
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

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