Midwest Restricted has launched an Preliminary Public Providing to boost funds for capital expenditure, repaying loans, and company functions. The IPO contains a recent concern of 0.23 crore shares valued at Rs.250 crore and a suggestion on the market of 0.19 crore shares price Rs.201 crore, totalling Rs.451 crores.
Midwest Restricted’s IPO is scheduled to open on fifteenth October 2025 and shut on seventeenth October 2025, with shares anticipated to be listed on the NSE and BSE on twenty fourth October 2025.
Midwest Restricted IPO is priced between Rs.1,014 and Rs.1,065 per share, with quite a bit measurement of 14 shares. Retail traders can make investments a minimal of Rs.14,910 (for 14 shares on the higher worth). S-HNI traders should subscribe to not less than 14 heaps (196 shares), totaling Rs.2,08,740, whereas B-HNI traders are required to speculate a minimal of 68 heaps (952 shares), amounting to Rs.10,13,880.
GMP of Midwest Restricted IPO
As of fifteenth October 2025, Midwest Restricted’s shares had been buying and selling within the gray market at a 13.62 p.c premium. The gray market worth is Rs.1,210 per share, which is Rs.145 larger than the difficulty worth of Rs.1,065.
Overview of Midwest Restricted
Midwest Restricted, based in 1981, is concerned within the exploration, mining, processing, advertising, distribution, and export of pure stones. The corporate is greatest identified for producing and exporting Black Galaxy Granite, a singular selection with shiny golden flakes.
It operates 16 granite mines throughout six places in Telangana and Andhra Pradesh, producing a number of kinds of granite, together with Black Galaxy, Absolute Black, and Tan Brown. The corporate additionally runs one granite processing unit in every of those two states, permitting large-scale manufacturing and ending of granite merchandise.
Promoters of Midwest Restricted
The promoters of Midwest Restricted are Kollareddy Rama Raghava Reddy, Kollareddy Ramachandra, Kukreti Soumya, and Uma Priyadarshini Kollareddy.
Midwest Restricted Promoting Shareholders
The IPO of Midwest Restricted contains a suggestion on the market, the place the promoter Kollareddy Rama Raghava Reddy plans to promote shares price Rs.1,810.00 million and Guntaka Ravindra Reddy plans to promote Rs.200.00 million.
Lead Managers of Midwest Restricted
DAM Capital Advisors Restricted, Intensive Fiscal Providers Non-public Restricted and Motilal Oswal Funding Advisors Restricted are serving because the book-running lead managers for the IPO, whereas KFin Applied sciences Restricted is appearing because the registrar, managing the provide course of.
Aims of the IPO Supply
Midwest Restricted plans to make use of the difficulty proceeds primarily to fund Midwest Neostone’s Part II Quartz Processing Plant for 1,270.49 million, buy Electrical Dump Vehicles for Rs.257.55 million, integration of photo voltaic vitality at choose mines for Rs.32.56 million, and to repay sure loans for Rs.538 million. The stability goes towards basic company functions.
Monetary evaluation of Midwest Restricted
The corporate’s complete earnings rose from Rs.603.33 crore in FY 2024 to Rs.643.14 crore in FY 2025, exhibiting improved income efficiency. Revenue After Tax additionally rose from Rs.100.32 crore to Rs.133.30 crore, demonstrating larger profitability and operational effectivity. As well as, EBITDA rose from Rs.151.44 crore in 2024 to Rs.171.78 crore in 2025, indicating the corporate’s strengthened core operations and incomes capability.
Midwest Restricted Vs Friends
Pokarna Restricted has larger income from operations of Rs.930.13 crore, in comparison with Midwest Restricted. Its Internet Asset Worth per share can also be larger at Rs.250.93 in comparison with Midwest’s Rs.163.75.Pokarna Restricted has larger Return on Internet Price of 24.11 p.c, whereas Midwest has 22.11 p.c.
Additionally Learn: Penny inventory jumps 5% after receiving ₹13 Cr order from Reliance Industries
Strengths of Midwest Restricted
- Decrease manufacturing value attributable to operational efficiencies
- Sturdy distribution community
- Sturdy R&D, manufacturing know-how and backward integration
- Excessive limitations to entry for brand new gamers
Weaknesses of Midwest Restricted
- Heavy dependence on key prospects
- Dependence on worldwide markets and China
Conclusion
Midwest Restricted has constructed a robust aggressive place via its operational effectivity, technological lead, and market safety. Nonetheless, its future development and stability are topic to vital market focus and geopolitical dangers stemming from its reliance on a small buyer base and its deep involvement in worldwide and Chinese language markets.
Written by Jhanavi Sivakumar
Disclaimer
The views and funding ideas expressed by funding specialists/broking homes/score businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of economic losses. Traders should subsequently train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Non-public Restricted or the creator usually are not responsible for any losses induced because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.
