Description

Midwest Limited's equity shares admitted to dealings on NSE Capital Market segment effective October 24, 2025 following IPO at issue price of Rs. 1065 per share.

Summary

Midwest Limited’s equity shares have been admitted to dealings on the National Stock Exchange Capital Market segment effective October 24, 2025. The IPO consists of 36,160,816 equity shares of Rs. 5/- face value each, issued at Rs. 1065/- per share. The security will be identified by symbol MIDWESTLTD (ISIN: INE0XAD01024) and will participate in the pre-open session for IPO category scrips.

Key Points

  • Symbol: MIDWESTLTD
  • ISIN: INE0XAD01024
  • Face Value: Rs. 5/-
  • Issue Price: Rs. 1065/-
  • Total Shares: 36,160,816 equity shares
  • Market Lot: 1 share
  • Trading Series: EQ (Equity)
  • Effective Date: October 24, 2025
  • Pari Passu: Yes
  • Registrar: KFin Technologies Limited

Regulatory Changes

None. This is a standard IPO listing notification under Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Members must use designated security codes for trading identification
  • Trading shall be conducted in specified lot sizes (1 share per lot)
  • Security will participate in pre-open session as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012
  • Members must note lock-in provisions as specified in Annexure I

Important Dates

  • Circular Date: October 23, 2025
  • Listing/Trading Commencement: October 24, 2025
  • Lock-in Expiry Dates (various tranches):
    • November 18, 2025 (1,408,851 shares)
    • January 17, 2026 (633,802 shares)
    • April 23, 2026 (11,648,515 shares)
    • October 23, 2026 (16,982,500 shares)
    • October 23, 2028 (7,240,000 shares)
  • Financial Year: April 2025 - March 2026

Impact Assessment

Market Impact: Medium - Addition of new security to NSE Capital Market segment provides investment opportunities. Total issue size of approximately Rs. 385 crore (at issue price) represents moderate market capitalization.

Operational Impact: Low - Standard IPO listing with defined lot size and pre-open session applicability. Trading members must update systems with new symbol and ISIN.

Investor Impact: Medium - Lock-in periods range from free transferability to 3-year lock-in for certain tranches, affecting approximately 99.96% of total shares. Only 2,335,348 shares (6.46%) are immediately tradable without lock-in restrictions.

Company Details:

  • Registered Office: 8-2-684/3/25 & 26, Road No.12, Banjara Hills, Hyderabad - 500034, Telangana
  • Contact: +914023305194
  • Website: www.midwest.com
  • Company Secretary: Mr. Rohit Tibrewal (cs@midwest.in)

Impact Justification

Standard IPO listing affecting single company with moderate issue size of 36.16 million shares. Relevant for investors and market participants tracking new listings.