Midwest IPO Allotment Final Countdown: Track Your Equity Allocation Online and Get Ready for Market Debut

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The allotment for the Midwest IPO is being finalised on October 20, 2025, following an 87.89 times subscription of the ₹451 crore issue. Investors can check their allotment status on KFin Technologies, NSE, and BSE websites ahead of the October 24 listing. Refunds and equity credits will be processed by October 23.

The eagerly anticipated allotment of shares for the Midwest IPO is expected to be finalised today, October 20, 2025. This marks a crucial step for investors who participated in the ₹451 crore public offering, which was subscribed nearly 88 times. Midwest, a leading natural stone and quartz processor and India’s largest producer and exporter of Black Galaxy and Absolute Black Granite, opened its IPO subscription from October 15 to 17, successfully drawing strong investor interest across categories.

Investors can check their allotment status conveniently online on multiple platforms including the registrar’s website KFin Technologies, as well as the national stock exchanges NSE and BSE. The process involves selecting ‘Midwest’ from the IPO dropdown menus and entering identifiers such as PAN, application number, or DP client ID to view allocation details.

Key points to note:

Midwest IPO comprised a fresh issue of ₹250 crore and an offer for sale (OFS) of ₹201 crore.
The price band was fixed between ₹1,014 and ₹1,065 per share, with a lot size of 14 shares.
The IPO attracted tremendous demand: 87.89 times overall subscription with qualified institutional buyers (QIBs) subscribing 147 times, non-institutional investors 176.57 times, and retail investors 25.52 times.
After allotment, successful investors will get shares credited to their Demat accounts by October 23, 2025, while refunds for unsuccessful bidders will be processed on the same day.
Midwest’s shares are set for listing on both BSE and NSE on October 24, 2025.
The company plans to utilise the IPO proceeds for business expansion, including quartz processing plant development, mining equipment acquisition, solar energy projects, and debt repayment.

This IPO listing is notable for its high subscription rates and strong investor enthusiasm, reflecting Midwest’s robust business model that spans mining, processing, and global distribution of natural stones.

Investors are advised to keep an eye on the official platforms to track their allotment status smoothly to plan for the upcoming market debut.

Source: Groww, Upstox, Financial Express, Moneycontrol, Samco, Chittorgarh, IPOWatch

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