The buzz around the Midwest IPO is picking up pace as the company’s grey market premium (GMP) shows a 14% jump just as the issue opened for subscription.

But does the rise in GMP make it a safe bet for investors, or is the excitement short-lived? Let’s take a look at what is driving interest in this quartz processor and what you should know before applying.

Midwest IPO: Issue opens

Midwest , a company engaged in processing and exporting natural stones and quartz, has opened its initial public offering (IPO) for public subscription today, October 15. The issue will remain open till October 17, 2025.

The company serves several sectors, including solar, gas, and engineered stone industries.

Midwest IPO: Grey market trend

In the grey market, Midwest’s shares were trading at Rs 1,210,

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