Midwest IPO Allotment Status: Live Status Check, Subscription Trend & GMP Update

The Midwest IPO was one of the most talked‑about IPOs of October 2025 - from its huge subscription numbers to the strong buzz around its granite and quartz leadership. Now that the bidding is over, the big question everyone has is: “Did I get the shares?”

Let’s go step by step to check your Midwest IPO allotment status and also understand the latest GMP, subscription trends, and what comes next.

IPO Overview

• Allotment Date: October 20, 2025
• Listing Date: October 24, 2025
• IPO Size: ₹451 crore (Fresh issue + Offer for Sale)
• Price Band: ₹1,014 - ₹1,065 per share

How to Check Midwest IPO Allotment Status?

Checking your allotment only takes a minute. You can do it either on KFin Technologies (the IPO registrar), or on the BSE India website.

Option 1: On KFin Technologies

1. Go to KFinTech’s IPO Status page​: https://ipostatus.kfintech.com/
2. From the drop‑down, select ‘Midwest Limited – IPO’
3. Enter any one of these:
   1. Your PAN number, or
   2. Application number, or
   3. DP/Client ID (your demat ID)
4. Click ‘Submit’ to view your allotment status

If you’ve received shares, the page will show how many lots were allotted. If not, the message will say “No records found,” which simply means you didn’t get an allotment.

Option 2: On BSE India Website

1. Visit BSE’s IPO Allotment Page: https://www.bseindia.com/investors/appli_check.aspx
2. Select Issue Type – Equity
3. Choose Midwest Limited as the company name
4. Enter your PAN and application number
5. Click ‘Search’ to know your status​

Refunds for those who didn’t get shares will start from October 23, 2025, and allotted shares will reflect in demat accounts the same day.​

Midwest IPO Subscription Details

Midwest’s IPO saw an overwhelming response, with an overall subscription of over 92 times, showing huge investor interest. Here’s how it broke down:

​Source: Chittorgarh.com

This means the IPO was heavily oversubscribed, especially among big investors (NIIs and QIBs). Retail bidders had a 1 in 25 chance - so if you didn’t get shares, you’re not alone.

Also Read: Midwest IPO Review: Check Valuation, Peer Comparison & More

Midwest IPO GMP Update

The GMP shows how investors expect the stock to perform before listing. Here’s how it moved through the IPO week:​

​Source: Chittorgarh.com

So even though the GMP cooled down later, it stayed positive, suggesting Midwest may list at around ₹1,160-₹1,175, offering modest listing gains.​

Disclaimer: GMP is an unofficial indicator and is subject to market volatility.

What’s Next After Allotment?

• If you got the shares: They’ll appear in your demat account by October 23. You can then hold or sell after the stock lists on October 24.
• If you didn’t get shares: The refund will reach your bank (or UPI handle) by October 23. You can use the same funds to apply for new upcoming IPOs.
• For listing gains: Keep an eye on the company and industry specific news. The final listing price will depend on market conditions.

For detailed information, visit Midwest’s IPO page.

About Midwest Limited

Midwest Limited is India’s largest exporter of Black Galaxy Granite, mined from a single belt in Andhra Pradesh. It controls over 60% of India’s granite exports and is now expanding into quartz and heavy mineral sands, used in solar and high‑tech materials.​

The company raised ₹451 crore through the IPO - ₹250 crore fresh issue and ₹201 crore offer-for-sale - to fund its expansion and electric mining trucks.

Final Word

The Midwest IPO was a blockbuster - over 90x subscribed, showing powerful trust in the brand and the expanding granite‑to‑quartz story.

Even if you didn’t get allotment this time, this IPO teaches an important lesson: great fundamentals attract both institutional and retail attention fast.

Keep an eye on the listing day (October 24, 2025), it’s likely to open with healthy demand given its positive sentiments and global business pipeline.

For more IPOs, check IndMoney’s IPO tracker here.

Disclaimer

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