Midwest IPO
Midwest IPO is a mainboard IPO raising ₹451 Cr at ₹1,014 – ₹1,065 a share. It listed on 24 Oct 2025 and trades at ₹1,209 today, +13.5% against its issue price of ₹1,065. It was subscribed 88× in total.
87.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 8,87,572 | 12,41,48,388 | 140× |
| Foreign Institutional Investors | no separate quota | 3,04,69,852 | n/a |
| Domestic Financial Institutions | no separate quota | 4,89,43,958 | n/a |
| Mutual funds | no separate quota | 1,02,73,018 | n/a |
| Others | no separate quota | 3,44,61,560 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 6,65,681 | 11,18,84,290 | 168× |
| Non Institutional Investors | 4,43,788 | 8,52,34,128 | 192× |
| Corporates | no separate quota | 7,30,254 | n/a |
| Individuals | no separate quota | 8,04,51,546 | n/a |
| Others | no separate quota | 40,52,328 | n/a |
| Non Institutional Investors | 2,21,893 | 2,66,50,162 | 120× |
| Corporates | no separate quota | 57,148 | n/a |
| Individuals | no separate quota | 2,53,45,516 | n/a |
| Others | no separate quota | 12,47,498 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 15,53,255 | 3,76,83,548 | 24× |
| Cut Off | no separate quota | 3,07,20,718 | n/a |
| Price bids | no separate quota | 69,62,830 | n/a |
| Employees | 10,952 | 2,67,694 | 24× |
| Cut Off | no separate quota | 2,09,846 | n/a |
| Price Bids | no separate quota | 57,848 | n/a |
| Total | 31,17,460 | 27,39,83,920 | 88× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:07 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.