Midwest IPO oversubscribed ~1.84x on Day 2, GMP rises
Midwest IPO oversubscribed ~1.84x on Day 2 as GMP rises, signaling strong listing expectations.
Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
1 day agoMidwest IPO oversubscribed ~1.84x on Day 2, GMP rises
The Midwest IPO saw impressive interest on its second day as subscription levels hit ~1.84x. Grey market premium also surged, reflecting strong secondary expectations. The issue, sized at ₹451 crore, witnessed 57.33 lakh bids against 31.17 lakh shares offered. Investor confidence is buoyed by the company’s robust fundamentals and global reach. The strong reception may lead to a premium listing. Analysts view this as a validation of renewed appetite in India’s IPO pipeline amid cautious market conditions.
positive
1 day agoMidwest IPO oversubscribed ~1.84x on Day 2, GMP rises
The Midwest IPO saw impressive interest on its second day as subscription levels hit ~1.84x. Grey market premium also surged, reflecting strong secondary expectations. The issue, sized at ₹451 crore, witnessed 57.33 lakh bids against 31.17 lakh shares offered. Investor confidence is buoyed by the company’s robust fundamentals and global reach. The strong reception may lead to a premium listing. Analysts view this as a validation of renewed appetite in India’s IPO pipeline amid cautious market conditions.
positive
Midwest IPO oversubscribed ~1.84x on Day 2, GMP rises
1 day ago
1 min read
77 words
Midwest IPO oversubscribed ~1.84x on Day 2 as GMP rises, signaling strong listing expectations.
The Midwest IPO saw impressive interest on its second day as subscription levels hit ~1.84x. Grey market premium also surged, reflecting strong secondary expectations. The issue, sized at ₹451 crore, witnessed 57.33 lakh bids against 31.17 lakh shares offered. Investor confidence is buoyed by the company’s robust fundamentals and global reach. The strong reception may lead to a premium listing. Analysts view this as a validation of renewed appetite in India’s IPO pipeline amid cautious market conditions.
The Midwest IPO saw impressive interest on its second day as subscription levels hit ~1.84x. Grey market premium also surged, reflecting strong secondary expectations. The issue, sized at ₹451 crore, witnessed 57.33 lakh bids against 31.17 lakh shares offered. Investor confidence is buoyed by the company’s robust fundamentals and global reach. The strong reception may lead to a premium listing. Analysts view this as a validation of renewed appetite in India’s IPO pipeline amid cautious market conditions.
Companies:
Midwest
Tags:
ipo
markets
ipo
markets
subscription
india
Source:
Oct 16, 2025 • 07:22 IST