Midwest IPO to open Oct 15 at ₹1,014–₹1,065 band

Midwest Ltd launches its ₹451 crore IPO next week to expand solar glass and quartz manufacturing capacity.

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Midwest IPO to open Oct 15 at ₹1,014–₹1,065 band

Midwest IPO to open Oct 15 at ₹1,014–₹1,065 band
Industrial manufacturer Midwest Ltd has set its IPO price band at ₹1,014 to ₹1,065 per share, targeting a total raise of ₹451 crore. Anchor investor allocations are scheduled for October 14, with the IPO open from October 15 to 17. Funds raised will support expansion of quartz and solar glass manufacturing facilities to meet growing industrial demand. Analysts note that the IPO’s moderate valuation, coupled with strong sector tailwinds, could attract both institutional and retail investors.
Companies:
  • Midwest Ltd
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