The debut of Midwest, India’s largest producer and exporter of Black Galaxy and Absolute Black granite, will hit the bourses on Friday and the gray market premium (GMP) is currently around 10%, indicating a modest but steady start for the Rs 451 crore IPO. According to market watchers, in the unlisted market, Midwest shares offer […]
The allotment for the Rs 451 crore IPO in Midwest will be completed on Monday and investors who registered for the issue can soon check whether they have received shares. The issue received a tremendous response from investors, who subscribed a total of 92.36 times, driven by strong demand from institutional and non-institutional investors. The […]
Midwest, a player that mines and exports natural stones, will open its initial public offering (IPO) worth Rs 451 crore for subscription on October 15. The book-built issue includes a fresh share sale worth Rs 250 crore and an offer for sale (OFS) of Rs 201 crore by existing shareholders. The IPO will be completed […]
The Indian primary market is set for a quieter week, with just one initial public offering (IPO) from the mainboard’s Midwest. Meanwhile, three pending motherboards and three SME issues will complete their bidding process. The much-awaited listings of Tata Capital and LG Electronics are scheduled for Monday and Tuesday respectively, while eight other companies are […]