IPO Date: Oct 15 to Oct 17 2025
Listing Date: Oct 24 2025
Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Investment in Midwest Neostone Private Limited (“Midwest Neostone”), our wholly owned subsidiary, by way of a loan, towards funding capital expenditure for Phase II of the quartz grit and powder processing plant (the “Phase II Quartz Processing Plant”);
2. Capital expenditure for purchase of electric dump trucks (“Electric Dump Trucks”) to be used by our Company and investment in Andhra Pradesh Granite (Midwest) Private Limited (“APGM”), our Material Subsidiary, by way of a loan, for purchase of Electric Dump Trucks;
3. Capital expenditure for integration of solar energy at certain Mines of our Company;
4. Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company and investment in APGM, by way of a loan, for pre-payment/ re-payment of, in part or full, certain outstanding borrowings of APGM; and
5. General corporate purposes.
Floor 19 Prestige Skytech, Financial District Nanakramguda
Hyderabad
Telangana
500032
040 2330 5194 / 40733000
info@midwest.in
www.midwest.in
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Midwest has informed that it enclosed copy of the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The BRSR also forms part of the Annual Report of the Company for the Financial Year 2025-26.
The above information is a part of company’s filings submitted to BSE.
| (Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202606 | 202506 | % Var | 202606 | 202506 | % Var | 202606 | 202506 | % Var | |
| Sales | 1286.21 | 1134.76 | 13.35 | 1286.21 | 1134.76 | 13.35 | 1286.21 | 1134.76 | 13.35 |
| Other Income | 22.53 | 7.71 | 192.22 | 22.53 | 7.71 | 192.22 | 22.53 | 7.71 | 192.22 |
| PBIDT | 331.84 | 200.82 | 65.24 | 331.84 | 200.82 | 65.24 | 331.84 | 200.82 | 65.24 |
| Interest | 69.22 | 48.28 | 43.37 | 69.22 | 48.28 | 43.37 | 69.22 | 48.28 | 43.37 |
| PBDT | 262.62 | 152.54 | 72.16 | 262.62 | 152.54 | 72.16 | 262.62 | 152.54 | 72.16 |
| Depreciation | 43.54 | 31.78 | 37.00 | 43.54 | 31.78 | 37.00 | 43.54 | 31.78 | 37.00 |
| PBT | 219.08 | 120.76 | 81.42 | 219.08 | 120.76 | 81.42 | 219.08 | 120.76 | 81.42 |
| TAX | 35.66 | 19.11 | 86.60 | 35.66 | 19.11 | 86.60 | 35.66 | 19.11 | 86.60 |
| Deferred Tax | 12.28 | 10.28 | 19.46 | 12.28 | 10.28 | 19.46 | 12.28 | 10.28 | 19.46 |
| PAT | 183.42 | 101.65 | 80.44 | 183.42 | 101.65 | 80.44 | 183.42 | 101.65 | 80.44 |
| Equity | 465.65 | 451.95 | 3.03 | 465.65 | 451.95 | 3.03 | 465.65 | 451.95 | 3.03 |
| PBIDTM(%) | 25.80 | 17.70 | 45.79 | 25.80 | 17.70 | 45.79 | 25.80 | 17.70 | 45.79 |
No Records Found
The issue size of Midwest Ltd. IPO is ₹316.11 - 332.01 crore.
The Midwest Ltd. IPO opens for subscription on 2025-10-15 and closes on 2025-10-17.
The price range of Midwest Ltd. IPO is ₹1,014.00 to ₹1,065.00.
The lot size of Midwest Ltd. IPO is 14 shares.
The registrar of Midwest Ltd. IPO is K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.).
All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.
The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.
Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform.