Shares of Midwest are set to make Dalal Street debut on Friday, October 24 as the natural stones player is likely to deliver a decent listing pop, if one goes by the latest signals from the grey market. However, the listing might be affected by the weak sentiments in the broader markets. Advertisement
The grey market premium (GMP) of Midwest has seen some recovery, despite a strong bidding amid jittered broader market sentiments. Last heard, the company was commanding a grey market premium of Rs 110-115 per share in the unofficial market, suggesting a listing pop of 10-11 per cent for the investors.
The IPO of Midwest ran for bidding between October 15 and October 17. It had sold its shares in the price band of Rs 1,014-1,065 per share with a lot size of 14 shares. The company raised a

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