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Midwest IPO opens with ₹451 crore issue size, strong fundamentals
Midwest IPO opens with ₹451 cr issue, aiming at global footprint, debt reduction and growth capital.
Midwest’s IPO has launched with a total size of ₹451 crore, including a ₹250 crore fresh issue and ₹201 crore offer for sale. The company operates in natural stone mining and exporting with global presence and intends to utilize IPO funds for expansion and debt repayment. The subscription window runs until October 17, and listing is scheduled for October 24 on BSE & NSE. Early sentiment is positive given its financial track record.