Telangana-based Midwest, known for its mining and infrastructure services, has hit the primary market today with its Rs 451 crore IPO . The issue will open for subscription today, October 15. The subscription window is set to close on October 17.

Here’s everything investors need to know about the offer – from price band to GMP and key promoters before applying.

Midwest IPO: Price band and IPO size

Midwest has fixed a price band of Rs 1,014-1,065 per share for its public issue. The IPO includes a fresh issue of Rs 250 crore and an offer-for-sale (OFS) of Rs 201 crore, taking the total issue size to Rs 451 crore.

Midwest IPO: Minimum investment required

Retail investors can bid for a minimum of 14 shares, translating to an investment of Rs 14,910 at the upper end of the price band. Th

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